Background
SheEO Foundation is a Kenyan NGO that bridges the financial inclusion gap. We derisk women-led micro-enterprises through practical training, innovative tools, dedicated mentorship, and intentional investment transforming them into credit-ready, sustainable businesses for formal financial institutions.
Feasibility Study
Discoveries from our Survey with Micro-Entrepreneurs:
Among 100 micro-entrepreneurs interviewed, 85% identified a lack of financial skills as their primary challenge in business operations, often compounded by insufficient capital for scaling their enterprises.
Additionally, 70% of these entrepreneurs highlighted the crucial need for mentorship and financial management training as their key expectations from our Microenterprise Accelerator Program (MAP).
Interestingly, an overwhelming 97% of micro-entrepreneurs expressed that the primary barrier preventing them from accessing micro-enterprise accelerator programs or services is the lack of information and outreach.
Our Intervention
- We passionately strive to bridge the gaps through our Microenterprise Accelerator Program, designed to:
Upskill:
We equip entrepreneurs with the knowledge and skills needed to master the financial aspects of their businesses, helping them navigate the intricacies of financial management.
Mentor:
Our seasoned mentors provide guidance, share insights, and inspire growth, ensuring entrepreneurs receive personalized support on their journey to success to unlock their full potential through our hands-on mentorship program.
Invest:
We understand the pivotal role capital plays in business growth. Through our social microfinance model, entrepreneurs gain access to the necessary capital, enabling them to scale their businesses, transforming their communities into flourishing economic hubs.