Showing posts with label financial. Show all posts
Showing posts with label financial. Show all posts

Thursday, May 6, 2010

Africa Social Entrepreneurs awarded during the 20th World Economic Forum on Africa


Five social entrepreneurs have been recognized as Social Entrepreneur of the Year 2010 in Africa during the Opening Plenary session of the 20th World Economic Forum on Africa, in Dar es Salaam, Tanzania, on 5 May. 

Shona Mc Donald, founder of Shonaquip had previously been recognized as the Social Entrepreneur for South Africa. The other four winners are Godwin Ehigiamusoe of LAPO in Nigeria, Brien Holden and Kovin Naidoo of ICEE, and Victoria Kisyombe of SELFINA in Tanzania. They received their awards in the presence of President Jakaya M. Kikwete of Tanzania and the Co-Chairs of the 2010 World Economic Forum on Africa.

Social entrepreneurs emphasize long-term sustainability instead of short-term gains. Their primary focus is to maximize benefits for society and the environment by implementing innovative approaches to key challenges. They operate social businesses or organizations that are a mixture of non-profits and for-profits in areas such as energy efficiency, education, waste management, health, education, youth and rural development.

The winners will join a group of leading social entrepreneurs from across the African continent as well as others from Europe, India and the USA, and will be active participants providing insights on sustainability and social innovation in the discussions under the meeting’s theme Rethinking Africa’s Growth Strategy.

The Schwab Foundation for Social Entrepreneurship, an affiliate organization of the World Economic Forum, conducts the search and selection of social entrepreneurs in Latin America, Africa, the Middle East, India and South-East Asia. It selects three to five social entrepreneurs per year from each region. Selected social entrepreneurs are connected to the world’s business, political and media leaders through the events and initiatives of the World Economic Forum.

The following winners were awarded Social Entrepreneur of the Year 2010 in Africa:

Godwin Ehigiamusoe, Lift Above Poverty Organization (LAPO), Nigeria
LAPO is the leading microfinance institution in Nigeria with over 240,000 clients. It is recognized for delivering sound financial and social services to alleviate poverty and empowering the disadvantaged. Alongside its financial services offering, LAPO supports enterprise development in diverse areas such as food processing, craftworks, merchandising, fabrication and farming, while the LAPO Development Foundation provides social and health empowerment programmes addressing issues of empowerment, nutrition, health, discrimination, injustice and gender equality.

Brien Holden and Kovin Naidoo, International Centre for Eyecare Education, South Africa and Australia
At least 670 million people, mostly in the developing world, are blind or vision impaired simply because they do not have access to a basic eye examination and a pair of glasses. ICEE works in ten African countries in addition to operations in Asia and Latin America to provide screening services and glasses prescriptions through its “Vision Centres”. It focuses on capacity building in the public sector to deliver eye care services, stimulating the professional role of optometrists and eye care providers, thereby expanding and sustaining its impact to 290,000 beneficiaries. It has also developed its own global supply chain and resource centre to reduce the cost of spectacles dramatically for its own services, and also for NGOs and public providers.

Victoria Kisyombe, Sero Lease and Finance Association (SELFINA) and Sero Businesswomen’s Association (SEBA), Tanzania
In Tanzania, where 75% of the population live in rural areas, and 33% live below the poverty line, most enterprising individuals do not have scarce working capital to buy equipment upfront. Victoria Kisyombe recognized that the capital outlay to buy assets and equipment for small businesses is difficult even on a microfinance loan and thus pioneered the leasing of fixed assets to women, which has led to the development of more than 18,000 value-added businesses and wealth creation. SELFINA’s clients, 60% of whom are in rural areas, become eventual owners of leased equipment and can use it as collateral for further borrowing.

Shona Mc Donald, Shonaquip, South Africa
Shonaquip is a social business that provides high-impact support services that promote inclusion and equal opportunity employment for persons with disabilities. It promotes and supports the safe provision of appropriate wheelchairs, offering professional support services and clinical training for professionals and families. It also designs and builds Africa-appropriate wheelchairs and postural support devices suitable for use in rural, rough terrain and remote areas. Shonaquip have 40,000 clients (80% children) who have been provided with mobility devices and receive ongoing holistic postural support.
 
Source:The World Economic Forum

Friday, April 23, 2010

Profile: HALCHA Youth & Community Development organization


HALCHA Youth and Community Development organization is based in Garbatulla, a small town in northern Kenya where the populace are faced with poor living standards, low literacy levels, unemployment, unpredictable weather patterns that adversely impact on food security.

The group was started as a self-help group in 2006 and officially upgraded to a community based organisation in March 2007. The objectives at formation were:
  • To improve the socio-economic status of the youth and wider community
  • Capacity building and mentorship development.
  • The promotion of environmental and wildlife conservation, and
  • HIV/AIDS Advocacy.
The organization is not only committed to improving the living standards of the local community but also actively promotes the status of women in decision making by building confidence and raising self esteem so they can fully participate in their own affairs and make informed decisions.

Amongst it's development activities, HALCHA trains members in dressmaking and tailoring to promote self employment. The organization also emphasizes the preservation of local artisan culture.

HALCHA, which has 40 affiliate youth group members throughout the Garbatulla District has partnered with the Kenya Women’s Finance Trust Maua unit to reach more than 200 women, out of which 60 member beneficiaries have received loans. Another project in partnership with Kenya's Ministry of Youth Affairs has benefited more than 2,000 youth with capacity building and mentorship development, enabling 34 youth groups in the district to receive funding.

These milestones have been achieved in spite of the challenges the organization faces. These include financial constraints as well as the lack of working tools such as sewing machines for the tailoring project. Transport and logistic problems also affect the organization based in a remote rural area.

However HALCHA has the manpower and willingness to promote development and continues undaunted in it’s bid to help in the alleviate of poverty amongst the youth and wider population of Garbatulla District.

HALCHA Youth And Community Development (CBO)
Garbatulla District
P.O BOX 1 – 60300 Garbatulla
Telephone : 254 020 8015687 /0724700862

Source: Report by Ade Roga Hassan, Peacebuilding Mentor, Garbatulla District.