International : Development and Relief Services

Village Enterprise

Creating sustainable businesses. Transforming lives.

four stars

91.93

751 Laurel Street, PMB 222 San Carlos, CA 94070
tel: (650) 802-8891   Web Site
EIN: 22-2852248

Board Leadership
Deborah A. Hall
Chair

CEO
Dianne Calvi
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 91.93 four stars
  Financial 88.60 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 12/22/2017 and includes data from FY2016, the most recent 990 received at that time.

Our mission end extreme poverty in rural Africa through entrepreneurship and innovation.

The Village Enterprise one-year Graduation program provides groups of three entrepreneurs with seed capital ($150), training and on-going mentoring by a local business mentor. We organize the business groups into Business Savings Groups (BSGs) of 30 entrepreneurs (10 business groups) to allow access to growth capital, provide a safe place for savings and build social capital. Integrated conservation training ensures that new business activities promote environmental best practices. Examples of businesses include livestock, farming, small retail stores and restaurants, tailoring, and beekeeping.

Village Enterprise has started over 33,000 businesses and trained over 136,000 East Africans. As we scale up and move into new communities, we're designing and testing pilots to improve our impact and efficiency.
Village Enterprise is headquartered in San Carlos, CA, and operates in Kenya and Uganda.

Our mission end extreme poverty in rural Africa through entrepreneurship and innovation.

The Village Enterprise one-year Graduation program provides groups of three entrepreneurs with seed capital ($150), training and on-going mentoring by a local business mentor. We organize the business groups into Business Savings Groups (BSGs) of 30 entrepreneurs (10 business groups) to allow access to growth capital, provide a safe place for savings and build social capital. Integrated conservation training ensures that new business activities promote environmental best practices. Examples of businesses include livestock, farming, small retail stores and restaurants, tailoring, and beekeeping.

Village Enterprise has started over 33,000 businesses and trained over 136,000 East Africans. As we scale up and move into new communities, we're designing and testing pilots to improve our impact and efficiency.
Village Enterprise is headquartered in San Carlos, CA, and operates in Kenya and Uganda.

Results Information

Program Name: Village Enterprise Microenterprise Graduation Program
Problem

More than one-third of those living on less than $1.90 per day reside in sub-Saharan Africa. While the global rate of extreme poverty plummeted from 36% in 1990 to 14% by 2014, the extreme poverty rate in sub-Saharan Africa only decreased from 57% to 47%. And because of high population growth, the absolute number of Africans living in extreme poverty has almost doubled to 415 million people. We work in remote rural areas of East Africa, where nearly 60% of the population lives below this line.

Strategy

Village Enterprise plays a unique role in the poverty reduction ‘Graduation’ sector. Our evidence-based model is simple, impactful, and cost effective at just $500 per 3-person business. We are pursuing a dual strategy to scale: (1) increase our in-country growth; and (2) partner with NGOs, governments, foundations, and research institutions that are interested in bringing our model into new African countries. We aim to impact the lives of millions, thus significantly contributing to the #1 SDG.

IF:THEN

IF seed capital, business and motiviational training, and access to savings are provided to the the rural ultra poor who live below the extreme poverty line of $1.90 a day...

THEN program participants will have the capital and tools to start and grow their income-generating businesses. Thus, our business owners will increase their economic potential and lift themselves and their families out of extreme poverty through their own efforts. In addition, their confidence, economic self-sufficiency, and hope for their future will increase.

IF business owners run successful businesses and form successful savings groups...

THEN incomes and savings available for household needs will increase
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This results data is current as of November 2017, when it was provided to us by Classy. Results information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

Financial

three stars

88.60

Accountability & Transparency

four stars

100.00

This rating was published 12/22/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.1%
  Administrative Expenses 5.6%
  Fundraising Expenses 14.1%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 0.35
  Program Expenses Growth 17.1%
  Liabilities to Assets 3.4%
All data for Financial Performance Metrics calculations was provided by Village Enterprise on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Village Enterprise on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,034,618
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $800
   Related Organizations $0
   Government Grants $0
Total Contributions $2,035,418
   Program Service Revenue $0
Total Primary Revenue $2,035,418
   Other Revenue $11,236
TOTAL REVENUE $2,046,654
   
EXPENSES  
   Program Expenses $1,610,060
   Administrative Expenses $124,456
   Fundraising Expenses $345,946
TOTAL FUNCTIONAL EXPENSES $2,080,462
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-33,808
   
Net Assets $689,557

Charts

Compensation % of Expenses Paid to Title
$141,073 6.78% Dianne Calvi President, CEO

Mission

Our mission end extreme poverty in rural Africa through entrepreneurship and innovation.

The Village Enterprise one-year Graduation program provides groups of three entrepreneurs with seed capital ($150), training and on-going mentoring by a local business mentor. We organize the business groups into Business Savings Groups (BSGs) of 30 entrepreneurs (10 business groups) to allow access to growth capital, provide a safe place for savings and build social capital. Integrated conservation training ensures that new business activities promote environmental best practices. Examples of businesses include livestock, farming, small retail stores and restaurants, tailoring, and beekeeping.

Village Enterprise has started over 33,000 businesses and trained over 136,000 East Africans. As we scale up and move into new communities, we're designing and testing pilots to improve our impact and efficiency.
Village Enterprise is headquartered in San Carlos, CA, and operates in Kenya and Uganda.

Highly Rated

Charity Name & State Overall Score Overall Rating
Village Enterprise (CA) 91.93 four stars
World Bicycle Relief (IL) 85.27 three stars
buildOn (CT) 93.64 four stars
Kids Around the World (IL) 92.29 four stars
Mercy-USA for Aid and Development (MI) 92.92 four stars

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Charity Contact Info

Village Enterprise
751 Laurel Street, PMB 222
San Carlos, CA 94070
tel: (650) 802-8891
EIN: 22-2852248

Visit Web Site

Board Leadership

Deborah A. Hall
Chair

CEO

Dianne Calvi
CEO