from subsistence to business success - hand in hand’s model
DESCRIPTION
Why micro-businesses matter Is finance the key? The case for a holistic approach - Four key stages: Social Mobilization Business Training Access to Credit Linking Entrepreneurs to markets The challenge: scaling up For more information…TRANSCRIPT
From subsistence to business success - Hand in Hand’s model
Dorothea Arndt, Hand in Hand International http://www.hihinternational.org/
Benedetta Kalondu | Basket weaver | Tala, Kenya
Why micro-businesses matter
• The world needs to create 600 million jobs within seven years just to ‘stand still’
• Half the people employed in developing countries are either self-employed, or farmers …
• … and this is unlikely to change
• What if ‘informal’ is an opportunity, not a regulation failure?
November 5, 2013Najma | Bicycle repair shop owner | Tamil Nadu, India
http://www.hihinternational.org/
Is finance the key?
• Entrepreneurs in low and middle income countries say: Yes
• The evidence from micro-credit contends: Yes, but…
• Access to credit is necessary, but not sufficient to create businesses
November 5, 2013Treasurer | Kanyoni self help group |Thika, Kenya
http://www.hihinternational.org/
The case for a holistic approach
• What if millions of poor people in under- or unemployment are the solution not the problem?
• Not all of us are born to be entrepreneurs..
• .. but Hand in Hand’s experience is that “97% of us can be taught”
November 5, 2013
http://www.hihinternational.org/
November 5, 2013Najiba | Bakery owner | Balkh provinceAfghanistan
Four key stages
Four key stages
November 5, 2013Najiba | Bakery owner | Balkh provinceAfghanistan
Four key stages
November 5, 2013Najiba | Bakery owner | Balkh provinceAfghanistan
Four key stages
November 5, 2013Najiba | Bakery owner | Balkh provinceAfghanistan
The challenge: scaling up
• How to go from – for instance - one million businesses and 1.4 million jobs in the past ten years, at a cost of US$ 55 a job
• …to 600 million jobs in seven?
• Business creation should not be an NGO agenda alone
• More cross-sector partnerships are needed
• Forging links to national and global supply chains: hard but essential
http://www.hihinternational.org/
For more information…
http://www.hihinternational.org/
Dorothea [email protected]
20 York Street, London W1U 6PU, United Kingdom
Tel: + 44 (0)20 7514 5091