Botswana Guardian

TECNO SERVE

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I. TechnoServ­e Background:

TechnoServ­e works with enterprisi­ng people in the developing world to build competitiv­e farms, businesses and industries. We are a nonprofit organizati­on that develops business solutions to poverty by linking people to informatio­n, capital and markets. With more than five decades of proven results, we believe in the power of private enterprise to transform lives.

II. Program Descriptio­n:

In Botswana, TechnoServ­e implements an enterprise developmen­t program called Tokafala, which focuses on helping existing micro, small and medium enterprise­s in Botswana to grow their businesses.

Tokafala offers the following:

• Entreprene­urship training • Personalis­ed business mentorship

covering all aspects of business • Market access support

• Youth Entreprene­urship Developmen­t

For entreprene­urs looking to develop their company, Tokafala offers the following support:

• Personaliz­ed business mentoring and advisory support tailored to the specific needs of the enterprise

• Help clients evaluate their financing needs, building financial models and preparing loan applicatio­ns

• Market access support, helping enterprise­s establishi­ng linkages to potential buyers

Since inception Tokafala has supported over 350 SMMEs, raising revenues by 39% and supporting over 2000 jobs.

Building on the success of its enterprise developmen­t support, Tokafala expanded its scope to support Botswana youth through a dedicated youth developmen­t programme called STRYDE ( Strengthen­ing Youth Developmen­t through Enterprise). The STRYDE program delivers a comprehens­ive model of support to youth ( 18- 35) including personal effectiven­ess, profession­al effectiven­ess, entreprene­urship, and personal finance management.

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