faith. action. results. results and lessons learned ti biznis with generous support from:

Faith. Action. Results.

Results and Lessons Learned

Ti Biznis

With generous support from:


Agenda• Ti Biznis Project Overview• Selection Criteria and Baseline information• Selected end line results• Business investment by entrepreneurs• Profit by type of business• Use of profit• Lessons Learned and Recommendations• Questions and Comments


Ti Biznis: 2 years, 600 entrepreneurs, 5 zones

TrainingHealth

InsuranceBank accounts Recapitalization

Continuing Peer Group Support

• Human capital: Week-long business skills ‘boot camp’, focusing on marketing, accounting, budgeting and entrepreneurship skills as well as how to conduct a market study and formulate a business plan;

• Financial capital: Recapitalization grant of 20,000 gourdes ($500);• Social capital: 6 months of accompaniment visits by CRS and local

partner animators and 2 Ti Biznis foires to promote the work of entrepreneurs to larger markets;

• Social safety nets: Provision of 6 months of DASH health insurance and recapitalization grants through personal bank account;


Which Ti Biznis?• Selection Process:

• Community Plenaries • Pre-identification survey and scoring• Verification visit based on score• Final selection by program team

Already had an existing business 96%

Female entrepreneurs 63%

Regularly use of an accounting book for their business 36%

Employment of at least one additional employee 43%

Previously received a cash transfer 53%

• Profile of the 600 Ti Biznis entrepreneurs


Selected Results

80% of these entrepreneurs still had their business during the end line data collection;

HTG 28,809 ($654) average total profit for all 600 entrepreneurs;

1.1 average jobs created per entrepreneur, but ranged, based on seasonal needs,

to a total of 3,040 jobs created;

87% of entrepreneurs who had debts before the Ti Biznis program, reportedly paid all or most of the balance of their debt;

82% of entrepreneurs are now interested in a formal loan;


Raw materials

Equipment and tools

Salaries

Furniture/ business materials

Rent

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

93%

71%

42%

41%

23%

Use of recapitalization grant

% of entrepreneurs

Business Investment


Artisanal

Bakery

Barber Shop

Beauty supplies

Beauty salons

Cyber café

Food products

Food transformation

Fishing

Other types of businesses

Pharmacie

Photocopies

Photo studios

Production

Restaurants

Soft drinks (individual)

Soft drink (bulk)

Textiles

Treated water

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%

11%

1%

2%

6%

8%

1%

18%

8%

1%

6%

2%

1%

1%

4%

9%

3%

1%

14%

2%

% of entrepreneurs

Types of Businesses

Food products, textiles, artisanal, beauty salons, restaurants, and food transformation were the most popular types of businesses among entrepreneurs.


Barber Shop

Food transformation

Fishing

Treated water

Production

Soft drink (bulk)

Beauty salons

Artisanal

Bakery

Beauty supplies

Other types of businesses

Cyber café

Textiles

Photo studios

Restaurants

Pharmacies

Soft drinks (individual)

Food products

Photocopies and paper goods

0 10000 20000 30000 40000 50000 60000

12904

14643

15371

18624

19374

29999

24633

28940

29059

30167

32879

34298

41698

41957

46754

47365

50206

49433

50005

Average Total Profit

Average Profit by Type of Business

Photocopies, food products, individual soft drinks, pharmacies, restaurants, photo studios and cyber cafes were the most profitable types of businesses among entrepreneurs.


Food

Clothing

Investment in business

Education

Savings

Telephone cards

Health costs

Water/ electricity

Payment of debts

Donations

Rent

Other

Cigarettes/ alcohol

0% 10% 20% 30% 40% 50% 60% 70% 80% 90%

84%

82%

70%

56%

51%

51%

43%

43%

37%

33%

26%

8%

5%

How did entrepreneurs use their business profit?

% of entrepreneurs


0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

44.70%

29.40%28.30%

13.10%

71.10%

61.30%

43.40%

21.60%

41.40%39.40%

35.50%

23.00%

49.30%

57.40%

44.70%

48.90%

26.30%

31.60%

32.20%

37.60%

39.40%

31.60%39.50%

49.30%

Top major household expenditures reported by entrepreneurs

Profts from business covered some expenses

Profts from business covered all expenses


Lessons Learned and Recommendations


Ti Biznis blog


Thank You

Jocelyn BraddockLivelihoods and Solid Waste Program Manager

[email protected]

faith. action. results. results and lessons learned ti biznis with generous support from:

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