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TBN Overview

TBN Overview. The problem: extreme poverty. “ One-fifth of humanity live in countries where many people think nothing of spending $2 a day on a cappuccino.

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TBN Overview

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  1. TBN Overview

  2. The problem: extreme poverty “One-fifth of humanity live in countries where many people think nothing of spending $2 a day on a cappuccino. Another fifth of humanity survive on less than $1 a day and live in countries where children die for want of a simple anti-mosquito bed net” Source: UN Human Development Report 2005 12/10/2014 3

  3. The solution Creating wealth through enterprise: encouraging ethical businesses that bring employment, dignity and independence

  4. TBN vision • We believe that business can bring personal and social transformation • We seek to create jobs and self-sustainable ethical businesses • TBN members work with, support and encourage local entrepreneurs • Together we can give a hand-up, rather than a hand-out and restore dignity

  5. TBN passion • Christian based values and motivation • Responding to God’s mandate to care for the poor and needy • Giving from the abundance we have received • Working with those from any or no faith

  6. Aid is not the solution • Aid is ineffective • Distorts local economy • Encourages inefficiency and waste • Creates dependency culture • Aid is inefficient • 60% of aid money stays in donor countries • US aid was $3/person in Africa (2002). Deducting consultants, food & emergency aid, admin costs & debt relief, only $0.06 was left (Jeffrey Sachs,2005) 12/10/2014 7

  7. Enterprise solution to Poverty Economic growth is the fastest way to reduce poverty – China, Asian Tigers Foreign direct investment is critical to economic growth but requires political and economic stability, good governance – factors missing in poor countries Social entrepreneurs needed to fill this gap 12/10/2014 8

  8. Social Venture Capital / Social Enterprise • Alleviation of poverty through SME private enterprise • Job creation & wealth creation • Triple bottom line – financial, social, environmental • Sustainable profitable businesses • Employment - dignity • Empowerment - independence • Entrepreneurship training • Uses tools, disciplines and accountability of VC 12/10/2014 9

  9. Why focus on SMEs? • Mechanism for job creation • SMEs employ 70% of the work force • SMEs represent 99% of all registered companies • Higher success rate • Source of entrepreneurship and innovation • Driver of competition • SMEs are typically under represented in the economies of developing countries – “the missing middle” 12/10/2014 10

  10. What do TBN members actually do? • Train • Establish businesses • Initiate projects • Support and mentor businesses • Invest • Find markets

  11. Train TBN members developed a practical 4 day course on setting up a business that has created hundreds of businesses in Africa and Asia, and trainees are delivering the course to others

  12. Establish businesses ToughStuff is a business established by a TBN member that provides low cost solar powered light, mobile charging and radio batteries distributed via thousands of village entrepreneurs 12/10/2014 13

  13. Initiate businesses and business projects Kuzuko is a game park and lodge in poorest part of South Africa with conservation, community education, training, enterprise and health developments TeamStart helps Palestinian entrepreneurs develop high potential businesses with links to Israeli technology companies

  14. Hagar providesg a sustainable future for ex-trafficked women and children in Cambodia through education, vocational training and sheltered employment, e.g. through a training restaurant and contract catering company Support and mentor businesses

  15. Invest TBN members investing in Nairobi-based Fusion have enabled 262 SME businesses, unable to get bank loans because of a lack of collateral, to obtain funding to grow their businesses and provide vital employment Margaret has been able to expand her wig making and beauty products business thanks to a Fusion loan and now has 10 employees

  16. Find Markets Trade as One was established by a TBN member to market goods from developing countries in the USA

  17. Why get involved? • It makes a difference; there is a highly leveraged return on membership fees Ishmael had been able to grow his welding business in the Kibera Slum, Nairobi with help from a $1000 loan through a TBN project.

  18. 2. A sense of fulfillment The opening of a well made possible through TBN member activities

  19. Why? 3. Adventure Palestinians and Israelis developing a joint venture to create employment in the West Bank

  20. What help do TBN members get? • Help to get involved • ‘Expo’ visits to developing countries • Local groups (TBGs) • Personal contact • Practical support • Encouragement • Access to skills and resources (eNews, portal, members day) • Mentoring • Loan fund • NGO status / business cards

  21. Corporate benefits • Enhanced staff loyalty • Marketing, PR and customer loyalty benefits • Enhanced CR and brand image • Specific training and teambuilding benefits • Working in CR with business people who understand corporate needs The Bulembu Lodge provides a high quality base for leadership training, team building and interaction with the numerous subsidiary projects

  22. TBN Impact Since foundation in 2003, 67 member projects in 22 countries have created or are sustaining 20,000 jobs.

  23. Make a differencewww.tbnetwork.org

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