Hire Dedicated On-the-Ground Staff
The results we’ve seen thus far wouldn’t have been possible without having hired dedicated a part-time business liaison in Haiti for over two years and our CHES Haiti Operations Director who started at the beginning of 2017. As we scale-up our impact, we need the proper supporting staff structure.
Scale Entrepreneur Education Activity
We will continue to offer trainings to the businesses we fund as well as other entrepreneurs throughout Haiti in partnership with other organizations. We want to scale the number of trainings we offer a year from one to 2-3 per year. Not only do we want to scale the number of training offerings per year, we want to scaled up our training staff who are on the ground in Haiti. By doing so, we will lower training costs while increasing our capability to offer more trainings per year. We will also ensure that the knowledge and training skills stay with Haitians living in Haiti.
Formalize our Mentorship Program
We informally mentor some of those that we train. The women we funded through the seed loan were coached and mentored. We would like to launch a structured mentorship program for those we train and fund working with local experienced business people.
Better Monitor and Evaluate
We are firm believers in measuring outcomes. While we have been able to gather a lot of data with the scarce resources that we have, the proper funding level will enable us to implement the best M&E processes.
Expand Entrepreneurial Resources
Our goal is to roll out a number of programs that will all Haitians across the country and abroad to access our Kreyòl business materials including a resource website and radio programming.
Restart Seed Loan Funding
We plan to fund another three -five businesses next year. We will focus on 6-18 month old promising start-ups. Our loan sizes will range $1,000 – 5,000 with a small interest rate of 5%. We have treated the pilot business we funded, PWOL, as a case study. We have learned a lot from this business and continue to refine our processes as we continue to mentor and consult this venture. We are ensuring that we can support a growth in new businesses financed including the high quality mentorship/consulting relationship we maintain with our entrepreneurs.
Build Resource Center in Haiti
Our goal is to build a state-of-the art resource center dedicated to entrepreneurs and community members equipped with technology such as internet, computers, electricity and meeting space. We will have a home where we can offer not only our popular business training, we plan to offer computer classes and more onsite. We would also plan to host our formal mentorship program there. Oftentimes, entrepreneurs in rural parts of Haiti have little access to such technology, training and mentorship.
Checks can be mailed to:
118 Library St.
Chelsea, MA 02150