We partner with people through business and community development to break the cycle of poverty.

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Archive for April, 2011

The 1010 Project Annual Report – 2010

Friday, April 8th, 2011

Our 2010 Annual Report is ready for the reading. Please, share it widely. Inside, you’ll find loads of information about the creation of The Global Entrepreneur Academy, our Service Learning Experiences, inspiring stories from our long-time partners, and (of course) our financial health. It was an amazing year, with vast changes in our programs and great events here in Colorado with our friends.

Click here to download the PDF version of the Annual Report

You made all of this possible, so from the deepest part of our hearts, we say “Asante sana!” and thank you very much!

The Global Entrepreneur Academy – Amazing Results!

Friday, April 8th, 2011

first global entrepreneur academy classThe results are in! We’ve finished going through the evaluation surveys from the first class of The Global Entrepreneur Academy participants and we are so excited by what we read!

These amazing entrepreneurs are a dynamic group of businesspeople making a huge impact on the community. From Kibera (second-largest slum in Africa) to Korogocho, their businesses and organizations provide essential services to about 1800 people per month, improving lives through:

  • Microfinance
  • Income-generating activities
  • Primary school education
  • Education for deaf children
  • Computer classes
  • Vocational training
  • Nutrition
  • Training of community health workers
  • Caring for orphans, widows and those affected by HIV/AIDS

Together, these community-based organizations also profit roughly $4500 USD/year (a vast sum, given that the average yearly income in Kenya is only $1500), which flows directly back to the community in the form of employee salaries and consumer spending. The graduates of The GEA are dedicated to their community, and provide jobs for 119 people, more than half of whom are women.

The GEA is designed is to provide vital education and support, so these budding entrepreneurs can continue and expand their life-changing work. And clearly, it’s doing just that. The majority of participants have applied the business plans that they made in The GEA, actively adapting them to meet the changing needs of their enterprises. All of the participants surveyed loved the mentorship component of The GEA, saying that it built on and improved the education they received from the course. A whopping 83% of respondents feel that The GEA has increased the sustainability of their business or organization, and an overwhelming 100% would recommend The GEA to others. Wow! Now that’s something to write home about!