Tag archive for "Small Business Fund"

Latest News, Small Business Fund, Tanya's Reflections

Unexpected Kindness in Malawi

3 Comments 03 April 2012

unexpected kindness quoteAlan woke up one morning last July filled with gratitude. He was up early that market day to set up his bicycle repair business in the village center. He turned some bikes on their handlebars to replace missing peddles with pieces of wood. To other bikes he would affix new handles or fancy seats to the back for bike-taxi passengers. That morning, when Boyd and I met Alan in Manyamula village in Malawi, Alan thanked God for getting him through the night so that he could meet us and thank us.

Tanya, Alan, and Boyd at the Manyamula Market

Tanya, Alan, and Boyd at the Manyamula Market

He was thoughtful as he told us his story of receiving a Spirit in Action Small Business Fund grant and starting his repair business. He paused often to make sure we understood the impact that this had on his life: his son now attends high school; his wife started her own small grocery kiosk. And so he thanked us that day as representatives of Spirit in Action.

It was a short encounter and it left a strong impression on me. Maybe it was because he was the first shop we visited that day, but I think there was also something about his kindness and openness that impressed me.

That was not the last time we saw Alan during our short visit to Manyamula nor was it the last time we saw his kindness. The next day, we met up with him in one of the village churches. Alan’s short testimony told of how the church brought him out of the dark pit of alcoholism onto a road of light and faith. Then he showed his gratitude by giving his pledged tithe of maize to the church to be used to help others less fortunate than himself.

nsima spoonAfter church, Alan hung around outside, waiting while people took pictures with us. As the group thinned, he shyly approached us with a gift – a wooden spoon used for serving the local staple food, nsima. For a third time, his kindness was an unexpected blessing.

Alan’s gifts and kindness perfectly embody the sentiment of Sharing the Gift – realizing that we have received kindness and acting to share that kindness with others. As the quote by Bob Kerrey reminds us, kindness that comes at an unexpected time is the “most underrated agent of human change.” I have no doubt that we saw just a small sample of Alan’s kind actions and that even today he is helping more people know hope, joy, and gratitude.

How has a recent act of kindness changed you? What kindness will you share with others today?

More photos! Click here to see more photos of Alan and the other people we met that day in the Manyamula village.

Announcements, Latest News

VOTE for Spirit in Action’s Story!

2 Comments 09 March 2012

UPDATE: Here is the link to vote http://forums.techsoup.org/cs/p/tsdigs-2012-entervideo.aspx

Now through Sunday (3/11), you can show your support for Spirit in Action by watching and voting for our video in TechSoup’s Digital Storytelling Challenge.

The challenge is to tell a story about our work (in less than one minute) that ” inspires, motivates, and activates the people who believe in the good work you do.” What do you think? Here is our one-minute video entry about our Small Business Fund!

To vote for our story video, click here and search for “tanya c” (that’s me!): http://forums.techsoup.org/cs/p/tsdigs-2012-entervideo.aspx

This is also a great opportunity to share Spirit in Action’s story with your friends! Please use the buttons below to email or share about our good work! You can sign-up for regular SIA updates here.

Thank you for your support!

Latest News, Small Business Fund

New Businesses Come to Life in Uganda

3 Comments 10 January 2012

The first week of December, Nalu Prossy, gathered together 18 people to prepare them to start and run their own businesses. Nalu, a Spirit in Action Small Business Fund local coordinator in eastern Uganda, is soft-spoken and hard-working, and when I met her this summer in Kenya, she told me that this work “is in my heart, I have that spirit of helping others.”

Nalu Prossy shows us some of the baskets made by SIA business owners in Uganda.

Nalu Prossy shows us some of the baskets made by SIA business owners in Uganda.

This new round of small business owners came from the rural villages of Isegero and Nakigalala, south of Kampala (see map below). The 18 people formed themselves into 5 groups, chose a leader for each group (4 of the leaders are women), and started to think through their business plan. Two of the groups are families and other groups are colleagues and friends that have decided to go into business together.

Please join me in welcoming these five new Spirit in Action-supported businesses in Uganda! We’ll follow their progress over the next year as they face challenges and become successful in their chosen enterprises.

* Brick Making and Pottery – “We will produce and sell our wares along the roadside.”

* Mat Making – People use mats for many things in Uganda, for sleeping, sitting on in the house, screens, and drying food in the sun.

* Chicken Rearing – This is a family business led by the mother, Betty Nabuso.

* Mat Making –  This group already has needles, thread and weaving skills that they will contribute to the business.

* Tailoring and Sewing – This family business will take advantage of the inexpensive cloth made in Uganda and will use the sewing machine that they already own.

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Latest News, Small Business Fund

Quote of the Day: Sylvester Nkoma

2 Comments 20 December 2011

Sylvester Nkoma with his cows in Malawi

Boyd and I met Slyvester Nkoma in Malawi this summer. He shared his testimony with us while we were there and we did get to try the milk fresh from his dairy cow!

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Latest News, Small Business Fund, Tanya's Reflections

Be an Angel Investor

7 Comments 13 December 2011

Saul (Malawi) with his crop of green maize.

Saul (Malawi) was able to expand his crop of green maize with a SIA grant.

Have you heard about “angel investors”? In the business world, Angel Investors are wealthy, entrepreneurial-minded individuals who provide capital to start-up companies.

Now, imagine a world where Angel Investors didn’t just back Silicon Valley tech start-ups. Actually, aren’t SIA donors already Angel Investors for small business entrepreneurs in Africa?

“No successful company in the U.S. started with loans,” said Alan Patricof in his article about microfinance in developing countries, “Steve Jobs, Michael Dell, and Mark Zuckerberg did not borrow from their local banks to start Apple, Dell, and Facebook. They got angel investors.”

Grants, Not Loans

With Spirit in Action we all have the opportunity to be Angel Investors. Think about it, if I have just $150 I can give it to a family in Africa to start a business. I don’t need that $150 back. It’s only $150 and it can make a world of difference! Corporate Angel Investors give to projects that inspire and excite them, projects that give them hope for something better in this world that their precious money can go to help. What’s just money for me, is a tool for empowering our partners.

You may have heard about other micro-loan organizations, like Kiva. However, these traditional micro-finance institutions take people down the path of dependence with high-interest loans and by making them prey to in-country loan sharks. I was shocked to hear stories of interest rates as high as 48% for a two-week micro-loan in Malawi! How can that possibly create success?

Businesses started with SIA Small Business Fund (SBF) grants are more likely to succeed and thrive than those started with a high-interest micro-finance loan.

Justina Phiri (Malawi) sells beans and popcorn. She can now afford to pay for one child to go to high school and one to university.

Justina Phiri (Malawi) sells beans and popcorn. She can now afford to pay for one child to go to high school and one to university!

Our SBF grants, give people a windfall to start their business without debt, to start off in the black. This means that their first $150 in profit goes to pay for school or health care, rather than to pay back a comparatively wealthy investor. We realize that $150 can have a much bigger impact when it’s given graciously to an entrepreneur, rather than restricted through a loan process.

Because Angel Investors assume a high level of risk, they are also betting on a high return on investment. At SIA, we bet on the entrepreneur’s success, rather than depend on their interest to earn our money.

Invest Early

A Minnesota angel investor group found it is best to fund a project early on, when there is still a chance to lead and plan with the group for a successful business. In addition to the micro-grant, Spirit in Action also provides business training in the early stages of the business. Our  local coordinators participate in the development of the business plan by guiding initial group discussions and helping them estimate costs and income. This direct, early (and then on-going) support is crucial for the group’s success.

Be an Angel Investor

Juliet Namusobya (Uganda) received a SIA grant in 2007 and is still in business today!

Juliet Namusobya (Uganda) received a SIA grant in 2007 and is still in business today!

Spirit in Action also puts the “angel” in Angel Investor. We are an organization founded on compassion for others and the world. We encourage SBF groups to pray together for their needs and for the needs of their customers and communities.

This Christmas, I’m choosing to be an Angel Investor to a new shop keeper in Kenya, a new tomato farmer in Malawi, or a new mat-weaver in Uganda. Boyd and I give to Spirit in Action because we believe that it’s worth at least the $150 “investment” to see these businesses started, these leaders trained, and these families changed forever.

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You can also be an Angel Investor, through a tax-deductible donation to SIA.

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