The mission of Entraide (Which means mutual help) is to contribute to empowering the entrepreneurial potential of Africans for personal development and a durable financial autonomy. Our program is unique and based on three key components: Training, Opportunities, and Services.
In September, we traveled to the Congo to run a pilot program for Entraide.
At the end of our three month trip, four seminars have been organized and about 400 Congolese attended the seminars. 18 students were trained on proper business management skils. For the first generation, the students launched a yogurt business in order to practice their new knowledge and sold 1200 bottles (at 100 Franc CFA each) in just 2 days.
The students of the second generation started a cake business and sold 1295 cakes in three days (at 125 Franc CFA each). 90% of the students have their business plans written, 80% have seen an increase of more than 25% of their business revenus, and according to our projection more than 50% of our graduates will see their business revenus increase by more than 200% by December 2013.
The students responded positively to the training and we received feedbackfrom all 18 students about 200 surveys. The number of students on the wait list is currently over 150 students. We visited a local orphanage, donated over 30 t-shir.
Finally, in 2012 (from September to November) a total of 26 Congolese have been trained by Entraide.
THIS MODEL WORKS AND THE PEOPLE LOVE IT.