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#1 out of 30,744

#1 out of 30,744 2018-10-24T19:38:16-06:00

Project Description

Promoting Small Business

TechnoServe

Mission Statement: TechnoServe works with enterprising people in the developing world to build competitive farms, businesses, and industries.

Established in 1968

Maximizing your PocketChange

For every dollar spent…

Impacts & Achievements:

Some of the highlights

CEO Salary: .41% of expenses

  • In 2017, TechnoServe’s work helped transform the lives of 2.3 million people* in 29 countries by targeting improvements in farms, businesses and industries

  • TechnoServe designs development interventions starting with a rigorous analysis to identify market failures and their root causes.

  • They address these constraints by providing technical assistance, strengthening local businesses and institutions, and facilitating lasting relationships between market actors.

  • Their financial impact in entrepreneurship grew by more than 20 percent in 2017.

  • TechnoServe has 69% women-led business beneficiaries.

Featured Programs:

How TechnoServe is making a difference

Women’s Economic Empowerment

TechnoServe’s experience shows that they create a greater impact when they effectively engage and benefit both men and women.
TechnoServe is helping enterprising women in developing countries build competitive farms and businesses to break the cycle of poverty.
Our work includes an explicit focus on generating opportunities for women by connecting them to capital, networks and supply chains.

Access to Finance

TechnoServe works with smallholder farmers, farmer organizations, cooperatives, and a variety of small and growing businesses (SGBs) to increase access to finance. They help them assess, forecast and communicate their financing needs to potential lenders and investors. In parallel, TechnoServe provides advisory services to financial institutions in order to help them efficiently deploy capital and deliver new and scalable financial services.

Entrepreneurship

Entrepreneurs and their enterprises come in different shapes and sizes. TechnoServe has partnered with large corporations, multilateral and governments to provide life-changing support in a variety of settings. For instance, they help young entrepreneurs in rural Africa to start a new business; they support established SGBs to accelerate their growth and impact in mining communities in Latin America; and they work with food processors in Africa to expand their business, sourcing more products from smallholder farmers and increasing supply of nutritional food in their communities.

Coffee

TechnoServe is helping to build a sustainable global coffee industry that can lift millions of farming families out of poverty. For nearly five decades, they have developed a set of market-based solutions to meet this challenge and applied them in communities across Africa and Latin America. Their approach addresses four key areas: better farming, better processing, better supply chains, and better environmental and social standards.

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