From its inception in 1979,
Trickle Up was created to work
differently from other efforts to end poverty.
The Three Key Differences:
1. Business Training The Trickle Up Program encompasses basic
business training and oversight. We teach people how to start,
manage, and expand a business. |
3. The $100 Conditional Grant
Trickle Up provides grants (not loans) of only $100 US dollars,
with the following commitment:
OWNERSHIP: The microentrepreneurs plan the business themselves.
TIME/ENERGY: They commit a minimum of 250 hours each within the
first 3 months.
REINVESTMENT: At least 20% of the profit is saved or reinvested
in the venture.
LOCAL RESOURCES: They secure any necessary approvals or resources.
GROWTH: They anticipate continuing profit and self-employment.
ACCOUNTABILITY: They report on their business and its results. |
|
2. Volunteer Local Coordinators
­ The program runs in over 40 countries but has a core staff
of only 14. The actual programs in each country are implemented
locally by people already working there ­ as Peace Corps
Volunteers, or local organizations, for example. These local
Coordinators use our program as a tool to help people start and
maintain small enterprises and complement their poverty-alleviation
efforts. They are not paid by Trickle Up. Enterprise examples:
Go to Success Stories. |
RESULTS TO DATE:
Since 1979, Trickle Up has helped start over 80,000 businesses,
affecting the lives of over 500,000 of the poorest people in
the world. We have experience in 115 countries. 66% of the people
we help are women, and almost 50% of our microentrepreneurs are
under age 27.
For more information go to:
www.trickleup.org |
