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Generating Employment Alternatives for self- reliance

Generating Employment Alternatives for self- reliance. INTRODUCTION. Operational since 2010 Core Purpose - helping the deprived section of the society to stand on its own feet through Self Employment.

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Generating Employment Alternatives for self- reliance

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  1. Generating Employment Alternatives for self- reliance

  2. INTRODUCTION • Operational since 2010 • Core Purpose -helping the deprived section of the society to stand on its own feet through Self Employment. • Organization in ‘Social Business’ based on funds from those who can AFFORD to those who are in NEED

  3. VISION & MISSION • Vision: Social and economic prosperity through establishing a culture of self-employment, dignity, and honor. • Mission: GEAR is determined to create an innovative model of ‘social business’ for the financially challenged of the society by creating a sustainable financial resource coupled with a support system resulting in a continuous flow of economic activity

  4. OBJECTIVES OF GEAR • Identify poor section - Identify Financially Challenged people in the society (GEAR Partners) by referrals through friends and family circles. • Develop an unique Self Employment Model matching the expertise and interest of GEAR PARTNER • Fund the Self Employment Model of the selected partner and also help them in executing the same • Monitor the results and Operational Mechanism of the Model on a continuous basis in order to ensure that the model is generating acceptable revenue.Trouble shoot wherever needed.

  5. OBJECTIVES OF GEAR • Collecting GEAR partners’ contribution of profit to GEAR pool of funds (to the extent of initial amount funded only; no interest/profit is charged) in order to create the next round of Self-Employment for new partners, hence, the ‘Sadaqa-e-Jariah’ keeps on moving with every one benefitting in both the worlds InshaAllah. • Make sure that GEAR-partners’ are earning a Halal living are morally conscious enough to spend their earnings on Jaiz (legitimate) personal and family needs and abstain from spending the money on drugs, alcohol, gambling etc. • Provide support to GEAR-partners’ in case of a contingency like medical emergencies in family or accidental destruction of business setup etc.

  6. OUR OPERATIONAL PHILOSOPHY • Funds: Funding of operational model of social business is done through local and international donors. It basically started from friends circle locally. This is a revolving fund which creates a multiplier effect. Nevertheless we treat this as a short-term measure for the start-up cycle.

  7. OUR OPERATIONAL PHILOSOPHY • Operational Expenses: Keeping our operational costs as minimum as possible, meetings are held at members’ homes, not at expensive venues. • Volunteering : All of our Operational team members work without charging any salary and perform GEAR work including identification of candidates, visiting their places for evaluation, designing and helping out in execution of the social business model etc. and consider expenses incurred from their own resources as their contribution to GEAR pool of sadqa-e- jariah.

  8. OUR OPERATIONAL PHILOSOPHY • Sustainability: Long run - More Sustainable Self Revenue Generating Model to bear its own expenses and fund the self employment rather than depending fully on donations etc. GEAR branded Self Employment Model e.g; GEAR Kiosk, GEAR Vegetable and Fruit Cart etc., which will be provided to GEAR partners to execute. Advertising and sales promotion tools for local and multinational companies and the advertising revenue earned will become resource of GEAR for funding business initiative of our partners.

  9. OUR OPERATIONAL PHILOSOPHY • Affordable Contributions Short-term fund raising - through lifetime membership program by paying a lifetime fee of Rs. 500. The contribution goes into the revolving fund for creating self-employment of GEAR partners. The convenience based contribution model can raise big funds e.g., 50000 members contributing Rs. 500 each Rs. 25m creating 1000 self-employment and a multiplier effect of 10,000 families in 10 years. Life Time Membership GEAR PARTNER Revolving Fund of GEAR

  10. OUR OPERATIONAL PHILOSOPHY • Focus on Women and Family: Together with male partners, GEAR focuses on women and the entire family to put them into self-employment in especially designed areas. In this connection, partnering with Industrial Homes and Training Centers for skill development like sewing, secretarial work, etc. is also taken up as project. Training cost is also put into social investment and GEAR partners are expected to contribute in the pool of financial resources after earning and income generation activities based on the skill developed.

  11. OUR OPERATIONAL PHILOSOPHY • Strategic Partnership with Allied Services to improve the life of GEAR partners: GEAR goes into strategic partnership with other Social and Educational Institutions to improve the life of its partners catering to services as Health and Medical facilities, Skill Development for Self-employment, Religious, Moral, and Spiritual insights development and such other areas of vital importance.

  12. How We Operate.. 4. 1. 2. 5. Funds are not released to candidate in cash but in terms of investments. The Volunteer organizes the self-employment activity with necessary tools, raw material purchases, infrastructure investments, etc 3. 6. GEAR provides monthly feedback to the donor in terms of an overall operational and financial report. It is also done for specific GEAR partners who have been funded by some donors. An operational progress report together with financial status is also provided to such donors.

  13. SELF EMPLOYMENT MODEL EXAMPLES • Vegetable carts • Fruit carts • Pop corn carts • Potato chips stalls • Domestic sewing • Tailor shop • Tyre Repairing shop • Motor Cycle mechanic shop • Fabric selling at various markets • Rickshaw • Retail Kiosks • Residential Small Retail shop • Vault making • Cap making • Street Food stalls • Flower Making • Leveraging parts from C grades Imported Jeans • Selling garments in family and friends circle • Car Cleaning Clothes/Fabric selling • Candle making/distribution • Donkey Cart for transporting materials • Artificial jewelry/ornaments for ladies • Components and Parts for Shoes

  14. Our Work

  15. FINANCIAL STATS Total Receipts  Rs. 5,875,832 Total Disbursements Rs. 5,586,110 Total families helped 319 Total Active cases 126 Average Loan Size Rs. 17,511 Administrative expenses 5% Recovery ratio: 91.5%

  16. Our Sponsors Public Relations Sponsor Website Design & IT support Sponsor

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