Haiti - Enterprise Development

Haiti - Enterprise Development

To rebuild shattered lives, Haiti needs stable jobs.  Transformational Ventures is re-starting small businesses to create jobs. We are launching Phase 2. A new partnership with two organizations -- CrossWorld and IBEC -- is helping us move forward.  David Befus will return to Haiti in early August to review business plans and approve engagement with five ... Read More

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HAITI UPDATE: We are launching Phase 2

A new partnership with two organizations -- the mission agency CrossWorld and the BAM organization IBEC --  is helping us move forward with Phase 2.  David Befus will return to Haiti in early August to review business plans and approve engagement with five more Phase 1 businesses and a couple of Phase 2 businesses.  David will be accompanied by two leaders from CrossWorld and IBEC and by a Transformational Ventures volunteer.

In Phase 2 we are dealing with higher amounts of re-start capital for larger pre-earthquake businesses. The result will be:

  • more jobs created
  • more people out of bread lines
  • more revenue re-cycling into the local economy
  • stronger local churches able to do what churches can do for their communities.

We have a proven local partner with the expertise and integrity to manage Phase 2 well, with David fulfilling TV's duty to provide overall accountability.  The local entrepreneurs we are engaging have proven, pre-earthquake businesses with defined markets and some salvaged equipment. They are members of the network of churches we are cooperating with, which will create a ripple effect of spiritual benefit in their churches and communities.

Loans will be provided after a business plan proposal is approved, at 12% per year interest.  Success of this program will be based on the following metrics:  payback rate of the loans, businesses sales and profitability, and the demand for subsequent loans to expand business operations.     Read More...

Our Vision: Thousands of lives transformed among the world's poor..
Our Mission:  Create jobs in struggling communities around the world, in cooperation with spiritual outreach, health care, education, and justice initiatives.
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"Transformational Ventures has stood out as one of the best and most well thought out strategies for their targeted niche."
Kurt Boatright, CEO & Church Elder Emeritus
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