By Marc Serna | interim Head of Wealth Creation Department
Dear Donor, thanks for being behind us. Last month we started with 20 new girls. They received short trainings on entrepreneurship and sexual reproductive health, developed business plans, and are already working on their businesses as you read this lines.
The 1st day of training was all about the basics in bookkeeping and marketing strategies. The girls learned how to keep records for their businesses and discussed about their perceptions on business, with our facilitation. “Your income will depend on the time you choose for selling” “Most goods are more expensive on the Main Market but almost everything is cheap on Muea Market”
On the 2nd day we were in to develop business plans, and we also had a lesson on Sexual Reproductive Health and handed out condoms.
I hope you are as excited as we are to get to know the girls! These are some of them:
Ambang has already started selling bananas at Tole Market, she uses 25,000 francs and sells at 39,000. She does it two days a week, with a projection of monthly profit of …120,000fr. We need to be cautious because banana prices fluctuate a lot, but that is a possible figure as we have seen in the past. That is about 240$, 4 times the money you gave her. Thank you.
Namondo is only 18 and she has started her first business. She sells smoked fish, buys fresh in Limbe for 25,000, smokes and sells daily 35,000, every market day making 10,000. Will make 80,000 (160$) by the end of the month.
Joy sells cow skin, vegetable and crayfish. She buys for 40,000 francs and sells 12,000 francs daily. She has started saving 1500 per day. From her business plan: “My business place will be kept neat. I will be steady and available. I will reserve change whenever I go to the market. I already have stable customers.” “My dream is to buy a plot and build a house and send my children to better schools. I also want to help others that are in need. This can only be possible if I work hard in my business. God be my helper.”
Hilda sells clothes, she buys very early in the morning in a retailer market in Mutengene (nearby town) that’s the cheaper way. Buys for 40,000 made 13,000 in two weeks, will make 26,000 in the month, roughly the same amount you gave her as a grant.
“I can proudly say I am better than others. I have watched a friend selling, she was lacking in so many ways.” “Doing business does not mean you should follow others. I believe doing business entails the courage and zeal to succeed. Having all that I can proudly say I will be better than many.”
” The kind of business I want to do is common and everyone does it. I have been to markets and buy dresses but none of them especially in Tole are of youthful taste. The dresses don’t have class. I believe everyone wants to wear classy things even if it’s cheap. So differently I will buy things of class and of good fashion with quality. People like things that nobody has.”
Today, July 12th, starting at 9.00 EDT, GlobalGiving is having its Bonus Day. You have a great chance to increase your impact, any donation you do will be matched by 50%!! whatever you do, thank you for taking us this far. We are proud to be part of this and we hope you are too.
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