Village Enterprise

About Village Enterprise

Village Enterprise is dedicated to ending extreme poverty in rural Africa through entrepreneurship. Their proven model equips first-time entrepreneurs with resources and skills to start income-generating businesses and savings groups, aiming to lift families out of poverty and create lasting impact. They partner with governments, nonprofits, and private sector companies to scale their efforts and target women, refugees, and youth for sustainable development.

Products & Services

Poverty Graduation Model:A cost-effective program based on rigorous evidence to reduce poverty, promote gender equity, and ensure minimal environmental impact through entrepreneurship training.

DREAMS for Refugees:A initiative to support refugees in starting businesses and becoming self-reliant, exemplified by success stories like Viola’s hair salon in a refugee settlement.

Digital Solutions and Innovation:Development and distribution of digital tools to support first-time entrepreneurs in rural Africa for small business development.

Partnerships for Scale:Collaborations with governments, nonprofits, and private sector entities to expand poverty alleviation efforts through entrepreneurship and climate-smart approaches.

Impact First Initiative:A focus on creating measurable impact in poverty reduction and community resilience.

Specialties

Entrepreneurship Training Poverty Alleviation Climate-Smart Agriculture Gender Equity Refugee Support Digital Tools for Small Businesses

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Grant T: - FT: Grant	A: 6500000 MR: - FA: $6.5 million FAN: 6500000	D: 2023-11-16 FD: 2023-11-16	1 investors
2	RT: Donation T: - FT: Donation	A: 7000000 MR: - FA: $7 million FAN: 7000000	D: 2023-03-29 FD: 2023-03-29	1 investors

Grant Latest

2023-11-16

$6.5M

1 investor (Pro only)

Donation 2023-03-29

$7.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

E

Emeka Ajoku

Board Treasurer

J

Jamie Austin

Board Secretary

P

Pat Brown

Business Trainer and Management Consultant

D

Dianne Calvi

CEO and President

M

Mary Dosunmu

Associate Director, Scientific Review

J

Jay Friedrichs

General Partner

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