PATHWAYS OUT OF POVERTY
Village Enterprise’s mission is to end extreme poverty in rural Africa through entrepreneurship. Its poverty graduation programme helps people lift themselves out of extreme poverty by developing sustainable livelihoods. We’ve been supporting Village Enterprise in Uganda between 2016 and 2023 and we’re now funding their operations throughout rural Sub-Saharan Africa. Village Enterprise’s bold ambition is to “graduate” 20 million people out of extreme poverty by 2030.
Community-based and locally-led, Village Enterprise’s poverty graduation programme equips people living in extreme poverty in rural Africa with financial support, as well as business and financial literacy training and ongoing mentoring to create climate-smart, sustainable tree-person businesses, a model that have been proven more scalable and cost-effective than traditional approaches. Village Enterprise then organises the entrepreneurs into savings groups, where they develop strong relationships and help finance one another’s businesses.
Examples of business areas include livestock, farming, small retail shops and restaurants, tailoring and beekeeping.
With our support Villlage Enterprise aims to support 230,000 individuals, the majority of which are women, to start over 75,000 sustainable businesses and lift themselves and their families – 1.5 lives – out of poverty by 2025.
created in Sub-Saharan Africa
in annual average household income for participants
INCREASE IN HOUSEHOLD SAVINGS
on average for participants