The start of a New Year always feels like an opportunity for fresh beginnings. If you’re at the start or in the process of your own #socialentrepreneurship journey, we want to motivate you. Here are three traits of successful social entrepreneurs to get you started.
Building a Self-Financing Venture into Your Organization’s Fundraising Strategy
Generating new sources of revenues is the primary concern of nonprofit executives and boards, with 24% to 36% of nonprofits operating deficits (Nonprofit Finance Fund). If a self-financing venture is carefully developed with the right process and tools, it can allow a nonprofit not only to diversify its funding sources and reach financial revenue goals, but also to dramatically improve organizational capacity and strengthen its mission and impact outcomes.
Using Technology to Solve the Root Problems of Poverty
Kiva Lenders Fund $50,000 in Loans to Suritex
Through the NESsT-Kiva partnership, Suritex has obtained a total of $50,000 of financing as credit that will allow the company to expand its operations and include more smallholders who can sell their alpaca fiber at a fair price. This was achieved over the course of two Kiva campaigns in September and December.
A Gift that Gives More
What if every purchase we made always had a higher positive return? The holiday season is a perfect time to make a gift that will provide a pathway out of poverty for low-income and marginalized individuals. Join us in celebrating our enterprises in their efforts to promote fair trade between consumers and local producers, and preserve local traditional culture
Let's build a global collaborative culture where poverty is obsolete.
In celebration of #GivingTuesday, we invite you to donate to NESsT. Join us in building a global collaborative culture where poverty is obsolete.