Income Generation and Economic Empowerment
project
The projects’ main goal was to improve the income of 250 low incomes families who live in Jargalant sum, Khovd province by giving them the capacity improvement trainings they need to support their families, as well as the equipment and materials they need to have successful businesses.
We organized the following 4 days’ trainings involved 250 community people
1. We organized a Financial Accounting Training
We taught for 250 community people how to track their daily, weekly, monthly, and yearly family income and expenditures. This topic was very interesting for them because they have never tracked their daily or weekly family income and expenditures before. During the training time each family made a 5 year plan they will aim to follow in the future.
2. We organized an Organizational Structure Training
We taught for 250 community people about Organizing a group, Group Structure and Organization, Defining the group’ Role, Requirements for Group Members, Group Management, and Taking Responsibility for Employees. During the training time they developed groups’ rules, which they will follow in the future. They are organizing meetings once in a month, and at this time they are talking about what they did and what to do in the future.
3. We organized a Small Business Management Training
We taught for 250 community people the General Principles of Small Business, Development Stages of a Small Business, Business Ideas, Business Situations and Research Methods, Difficulties and Weaknesses of Small Business, Required Skills of Small Businesspeople, Marketing Skills, and Relationship Skills. We gave special accounting notebooks for them for tracking income and expenditures of their businesses. They kept up with these books, and it has been helping them improve their incomes and create groups’ funds.
4. We organized a Group Fund Management Training
We taught for 250 community people about How to Create a Group Fund, Goals of Group Fund, Sources for a Group Fund, Group Fund Management, How to Spend Group Funds, and Monitoring Group Funds. Creating Group fund is very important for these businesses in the future for expanding their businesses and Groups’ activities. The 250 community people attended trainings and improved their groups’ organization, keeping better financial records, and learning how to develop a business plan for future projects and how to create groups’ funds.
We involved 15 groups’ members in stepped vocational trainings and improved their skills, capacity and they have been producing more good quality products.
The purchase of equipment and materials for the 15 groups went very well. By purchased electric sewing machine, hand sewing machine, wool combing machine, hand combers, carpenter machine tools, bakery stoves and raw materials, productivity has increased, as well as the variety of goods the 15 groups have produced and they are becoming more competitive.
The groups’ members’ small business skills strengthened by attended trainings and taught them to solve their problems independently. Group organization and financial records for households and small businesses improved. Groups’ livelihood increased because of the new business opportunities created through the project’s networking efforts. The members are studying other groups that run similar activities and cooperating with each other to gain valuable experience. The groups’ activities became sustainable, and it is becoming an example for the public that people can and should cooperate with each other to improve their businesses and quality of life.
We organized the following 4 days’ trainings involved 250 community people
1. We organized a Financial Accounting Training
We taught for 250 community people how to track their daily, weekly, monthly, and yearly family income and expenditures. This topic was very interesting for them because they have never tracked their daily or weekly family income and expenditures before. During the training time each family made a 5 year plan they will aim to follow in the future.
2. We organized an Organizational Structure Training
We taught for 250 community people about Organizing a group, Group Structure and Organization, Defining the group’ Role, Requirements for Group Members, Group Management, and Taking Responsibility for Employees. During the training time they developed groups’ rules, which they will follow in the future. They are organizing meetings once in a month, and at this time they are talking about what they did and what to do in the future.
3. We organized a Small Business Management Training
We taught for 250 community people the General Principles of Small Business, Development Stages of a Small Business, Business Ideas, Business Situations and Research Methods, Difficulties and Weaknesses of Small Business, Required Skills of Small Businesspeople, Marketing Skills, and Relationship Skills. We gave special accounting notebooks for them for tracking income and expenditures of their businesses. They kept up with these books, and it has been helping them improve their incomes and create groups’ funds.
4. We organized a Group Fund Management Training
We taught for 250 community people about How to Create a Group Fund, Goals of Group Fund, Sources for a Group Fund, Group Fund Management, How to Spend Group Funds, and Monitoring Group Funds. Creating Group fund is very important for these businesses in the future for expanding their businesses and Groups’ activities. The 250 community people attended trainings and improved their groups’ organization, keeping better financial records, and learning how to develop a business plan for future projects and how to create groups’ funds.
We involved 15 groups’ members in stepped vocational trainings and improved their skills, capacity and they have been producing more good quality products.
The purchase of equipment and materials for the 15 groups went very well. By purchased electric sewing machine, hand sewing machine, wool combing machine, hand combers, carpenter machine tools, bakery stoves and raw materials, productivity has increased, as well as the variety of goods the 15 groups have produced and they are becoming more competitive.
The groups’ members’ small business skills strengthened by attended trainings and taught them to solve their problems independently. Group organization and financial records for households and small businesses improved. Groups’ livelihood increased because of the new business opportunities created through the project’s networking efforts. The members are studying other groups that run similar activities and cooperating with each other to gain valuable experience. The groups’ activities became sustainable, and it is becoming an example for the public that people can and should cooperate with each other to improve their businesses and quality of life.
250 community people (15 Groups’ members) were very attentive and collaborative over the course of the project. We feel the effort that went into making detailed plans before the project, as well as writing up very explicit contracts with the groups’, was very helpful in setting a clear and serious tone. Knowing exactly what was expected of them prevented misunderstandings and made them work hard to meet those expectations. We feel that this project was also very good about maintaining an active relationship with the groups. Whenever possible we also made the trainings and lessons very active and hands-on. All these things combined to keep a high level of energy in the project and helped strengthen the relationships between the groups’ and with our NGO.
