faith. action. results. results and lessons learned ti biznis with generous support from:
TRANSCRIPT
Faith. Action. Results.
Results and Lessons Learned
Ti Biznis
With generous support from:
Faith. Action. Results.
Agenda• Ti Biznis Project Overview• Selection Criteria and Baseline information• Selected end line results• Business investment by entrepreneurs• Profit by type of business• Use of profit• Lessons Learned and Recommendations• Questions and Comments
Faith. Action. Results.
Ti Biznis: 2 years, 600 entrepreneurs, 5 zones
TrainingHealth
InsuranceBank accounts Recapitalization
Continuing Peer Group Support
• Human capital: Week-long business skills ‘boot camp’, focusing on marketing, accounting, budgeting and entrepreneurship skills as well as how to conduct a market study and formulate a business plan;
• Financial capital: Recapitalization grant of 20,000 gourdes ($500);• Social capital: 6 months of accompaniment visits by CRS and local
partner animators and 2 Ti Biznis foires to promote the work of entrepreneurs to larger markets;
• Social safety nets: Provision of 6 months of DASH health insurance and recapitalization grants through personal bank account;
Faith. Action. Results.
Which Ti Biznis?• Selection Process:
• Community Plenaries • Pre-identification survey and scoring• Verification visit based on score• Final selection by program team
Already had an existing business 96%
Female entrepreneurs 63%
Regularly use of an accounting book for their business 36%
Employment of at least one additional employee 43%
Previously received a cash transfer 53%
• Profile of the 600 Ti Biznis entrepreneurs
Faith. Action. Results.
Faith. Action. Results.
Selected Results
80% of these entrepreneurs still had their business during the end line data collection;
HTG 28,809 ($654) average total profit for all 600 entrepreneurs;
1.1 average jobs created per entrepreneur, but ranged, based on seasonal needs,
to a total of 3,040 jobs created;
87% of entrepreneurs who had debts before the Ti Biznis program, reportedly paid all or most of the balance of their debt;
82% of entrepreneurs are now interested in a formal loan;
Faith. Action. Results.
Raw materials
Equipment and tools
Salaries
Furniture/ business materials
Rent
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
93%
71%
42%
41%
23%
Use of recapitalization grant
% of entrepreneurs
Business Investment
Faith. Action. Results.
Faith. Action. Results.
Artisanal
Bakery
Barber Shop
Beauty supplies
Beauty salons
Cyber café
Food products
Food transformation
Fishing
Other types of businesses
Pharmacie
Photocopies
Photo studios
Production
Restaurants
Soft drinks (individual)
Soft drink (bulk)
Textiles
Treated water
0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%
11%
1%
2%
6%
8%
1%
18%
8%
1%
6%
2%
1%
1%
4%
9%
3%
1%
14%
2%
% of entrepreneurs
Types of Businesses
Food products, textiles, artisanal, beauty salons, restaurants, and food transformation were the most popular types of businesses among entrepreneurs.
Faith. Action. Results.
Barber Shop
Food transformation
Fishing
Treated water
Production
Soft drink (bulk)
Beauty salons
Artisanal
Bakery
Beauty supplies
Other types of businesses
Cyber café
Textiles
Photo studios
Restaurants
Pharmacies
Soft drinks (individual)
Food products
Photocopies and paper goods
0 10000 20000 30000 40000 50000 60000
12904
14643
15371
18624
19374
29999
24633
28940
29059
30167
32879
34298
41698
41957
46754
47365
50206
49433
50005
Average Total Profit
Average Profit by Type of Business
Photocopies, food products, individual soft drinks, pharmacies, restaurants, photo studios and cyber cafes were the most profitable types of businesses among entrepreneurs.
Faith. Action. Results.
Faith. Action. Results.
Faith. Action. Results.
Faith. Action. Results.
Food
Clothing
Investment in business
Education
Savings
Telephone cards
Health costs
Water/ electricity
Payment of debts
Donations
Rent
Other
Cigarettes/ alcohol
0% 10% 20% 30% 40% 50% 60% 70% 80% 90%
84%
82%
70%
56%
51%
51%
43%
43%
37%
33%
26%
8%
5%
How did entrepreneurs use their business profit?
% of entrepreneurs
Faith. Action. Results.
0.00%
20.00%
40.00%
60.00%
80.00%
100.00%
120.00%
44.70%
29.40%28.30%
13.10%
71.10%
61.30%
43.40%
21.60%
41.40%39.40%
35.50%
23.00%
49.30%
57.40%
44.70%
48.90%
26.30%
31.60%
32.20%
37.60%
39.40%
31.60%39.50%
49.30%
Top major household expenditures reported by entrepreneurs
Profts from business covered some expenses
Profts from business covered all expenses
Faith. Action. Results.
Lessons Learned and Recommendations
Faith. Action. Results.
Ti Biznis blog
Faith. Action. Results.
Thank You
Jocelyn BraddockLivelihoods and Solid Waste Program Manager