The Youth Self Employment Foundation (YOSEFO) is dedicated to providing microfinancing services to young men and women in Tanzania "so that they can create jobs, educate their children, live a healthy life and improve their overall standard of living."
YOSEFO is heavily supported by the Tanzania Investment Bank and the National Microfinance Bank (NMB). This year alone, YOSEFO disbursed about TSH 3.2 billion (about $3 million) between January and September. According to an article on YOSEFO's achievements since its inception 12 years ago, about 70% of this year's beneficiaries were women, and 48% lived in rural regions.
Read more about YOSEFO's financial services:
The Citizen - Article on YOSEFO
YOSEFO homepage
YOSEFO news resources
Saturday, October 31, 2009
Wednesday, October 28, 2009
Tanzania Business Plan Competition
The Business Development Gateway is an initiative in Tanzania funded by the Tanzania Private Sector Foundation, the National Microfinance Bank (NMB), the Peoples Bank of Zanzibar and ZAIN Telecom.
The initiative has opened up its application process for the Business Plan Competition.
Eligibility rules are as follows:
Read more:
Business Development Gateway homepage
About the Business Development Gateway
Business Plan Competition Eligibility
Other Business Plan Competition guidelines
The initiative has opened up its application process for the Business Plan Competition.
Eligibility rules are as follows:
- You are a national of the United Republic of Tanzania and you live/work on the mainland, Zanzibar or Pemba.
- You apply as an individual.
- You are 18 years or older.
- Your business concept or idea is potentially viable and legal and concerns the expansion of an existing business or the start-up of a new business based in Tanzania.
- You have a registered for-profit business or you plan to register a for-profit business.
- You have a privately-owned business. If your business is a joint venture, it has majority ownership by Tanzanians.
- Your business idea is in one of the following sectors: agriculture and processing, manufacturing, tourism or services.
Read more:
Business Development Gateway homepage
About the Business Development Gateway
Business Plan Competition Eligibility
Other Business Plan Competition guidelines
Microfundo: "a Kiva.org for music"
Microfundo is using a new, simple and collaborative model to keep music artists inspired and fans satisfied.
By creating a profile through Microfundo, music artists can be financially supported through loans from fans. Once an artist's financial goal is reached, Microfundo gives them their funds in bulk, and then helps the artist repay the loans back to the fans with money raised from music sales online.
Since this is a global scheme, artists anywhere who have a following can use Microfundo to take their projects to the next level.
Read more:
Microfundo homepage
About Microfundo
Microfundo on Twitter
By creating a profile through Microfundo, music artists can be financially supported through loans from fans. Once an artist's financial goal is reached, Microfundo gives them their funds in bulk, and then helps the artist repay the loans back to the fans with money raised from music sales online.
Since this is a global scheme, artists anywhere who have a following can use Microfundo to take their projects to the next level.
Read more:
Microfundo homepage
About Microfundo
Microfundo on Twitter
Sunday, October 25, 2009
OnlineAfrica
Provides news on Africa's internet growth. Entrepreneurs planning projects related to ICTs are highly recommended to follow OnlineAfrica.
Connect:
OnlineAfrica website
OnlineAfrica RSS newsfeed
OnlineAfrica on Twitter
Connect:
OnlineAfrica website
OnlineAfrica RSS newsfeed
OnlineAfrica on Twitter
Teach a man to fish
Teach A Man To Fish - a UK-based charity - is holding their third annual Pan African Awards for Entrepreneurship in Education (2009).
Teach A Man To Fish is an organization that works "to broaden access for the poor to a high quality education combining vocational training and entrepreneurship by supporting institutions working in this field to increase their financial self-sufficiency."
The Pan African Awards for Entrepreneurship in Education are given to create incentive in small business ventures that increase value in society. An excerpt from the Competition Guidlines:
"The competition is open to all organizations based in Africa working in education, from primary through to tertiary, as well as in non-formal and adult education.
"As well as a first prize of $10,000 and two runners-up prizes of $5,000, there are up to 50 awards of $1,000 available for the best entry from every country on the continent.
"The top three award-winners will be sponsored a trip to South Africa for the awards presentation and peer learning visits to key Educating Africa and TeachAManToFish partners."
The deadline for the 2009 application is December 31st, 2009. Entries may be submitted online, via e-mail, or via post.
Read more:
Teach A Man To Fish homepage
Competition Guidelines
Teach A Man To Fish on Twitter
Teach A Man To Fish is an organization that works "to broaden access for the poor to a high quality education combining vocational training and entrepreneurship by supporting institutions working in this field to increase their financial self-sufficiency."
The Pan African Awards for Entrepreneurship in Education are given to create incentive in small business ventures that increase value in society. An excerpt from the Competition Guidlines:
"The competition is open to all organizations based in Africa working in education, from primary through to tertiary, as well as in non-formal and adult education.
"As well as a first prize of $10,000 and two runners-up prizes of $5,000, there are up to 50 awards of $1,000 available for the best entry from every country on the continent.
"The top three award-winners will be sponsored a trip to South Africa for the awards presentation and peer learning visits to key Educating Africa and TeachAManToFish partners."
The deadline for the 2009 application is December 31st, 2009. Entries may be submitted online, via e-mail, or via post.
Read more:
Teach A Man To Fish homepage
Competition Guidelines
Teach A Man To Fish on Twitter
YIPE: Focussed on youth enterprise
Follow @yipeorg on twitter for information for youth on how to start a business.
Sunday, October 18, 2009
Africa Youth Trust
Africa Youth Trust (AYT) is a Kenyan-based organization focused on youth-led development initiatives.
Through its three core program models - Youth Action Against Corruption, Parliament Synergizing Youth in Law Making, and the East African Youth Human Rights and Democracy Program - AYT seeks to empower young adults to persevere through country-wide challenges and build sustainable solutions with social benefits.
AYT is current accepting applications for its training workshop on Equal Status and Human Rights of Women in East Africa.
Read more:
AYT homepage
Youth Action Against Corruption
Parliament Synergizing Youth in Law Making
East African Youth Human Rights and Democracy Program
Through its three core program models - Youth Action Against Corruption, Parliament Synergizing Youth in Law Making, and the East African Youth Human Rights and Democracy Program - AYT seeks to empower young adults to persevere through country-wide challenges and build sustainable solutions with social benefits.
AYT is current accepting applications for its training workshop on Equal Status and Human Rights of Women in East Africa.
Read more:
AYT homepage
Youth Action Against Corruption
Parliament Synergizing Youth in Law Making
East African Youth Human Rights and Democracy Program
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