What do you want to accomplish in your first year?
Adonya Imports’s goal for the first year of operation is to profit $60,000 after all expenses and disbursements including a $30,000 social improvement project. We will look for a first project in Ecuador, where my mom, Maryanne Chiriboga, lives and works in development. She is the Fund Raising and Program Development Administrator for a group of artisans in the rural village of Muisne in Ecuador. “Manos al Coco” has 15 participants of varying levels of commitment, many of them single mothers, a few are disabled adults, all with unstable income of less than $2,000 a year. The needs of the participants are related to the situation of poverty and lack of opportunity in the area. The over-riding need is to feel in control of their lives, to feel they have the power to improve their lives and the lives of their children. The majority of the women in this project have electric service in their homes, but clean water is and has been a dominating problem for the community. Much of the poor live in areas susceptible to daily flooding that causes an accumulation of other problems. The water that is provided by the government is bacteria laden, the wells are filled with trash and other debris, the poor are forced to resort to rainwater collection without the knowledge and practice of sanitary containment (http://ccondem.org.ec World Wetlands Day 2008). Children are often absent from school due to illnesses or the need to work and contribute to the family income.
Winning entries present a strong plan for how they will achieve and track growth. Identify your six-month milestone for growing your impact
Consistently increase sales to reach 500 units per month by the end of June, including online retail and wholesale
Now think bigger! Identify your 12-month impact milestone
Spend $30,000 to co-fund a community improvement project and still have $60,000 cash left to use for the beginning of year two