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Ti Biznis. Results and Lessons Learned. 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
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Ti Biznis Results and Lessons Learned 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.
Bank accounts • Continuing Peer Group Support • Recapitalization • Training • Health Insurance Ti Biznis: 2 years, 600 entrepreneurs, 5 zones • 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 foiresto 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 • Profile of the 600 Ti Biznis entrepreneurs 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 Biznisprogram, reportedly paid all or most of the balance of their debt; 82% of entrepreneurs are now interested in a formal loan; Faith. Action. Results.
Business Investment Faith. Action. Results.
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.
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.
Lessons Learned and Recommendations Faith. Action. Results.
Ti Biznis blog Faith. Action. Results.
Thank You Jocelyn Braddock Livelihoods and Solid Waste Program Manager Jocelyn.braddock@crs.org Faith. Action. Results.