An Idea isn’t a Project because you have to convert it into a venture, starting with a feasibility study going through assumptions, justifications and work out a business plan. The promoter’s professional profile should be in line with the proposal.
Our question/idea has been: how to strengthen the Private sector’s development programmes aimed at supporting and financing small and medium business, which are the backbone of the national economies?
Firstly, we have reviewed the narrative on development finance issues focusing on Africa that has made, again, the headlines as a Continent of opportunities, which have been estimated at billion $ 1.5. We completed a forty pages Feasibility Study along with a Swot Analysis and concluded to launch JAMBO FUND:
The “Gateway to Africa Inclusive Growth – JAMBO FUND”
Secondly, we have taken into account our background in terms of field experience: we do have collaborated in some sixteen African Countries out of twenty-six world-wide.
Thirdly, we have checked our expertise in the matter: we have designed, managed and evaluated FUNDS in the following Countries: Tunisia, Bosnia, Caribbean, Romania, Mali, Albania, Netherlands Antilles, Malawi, Algeria, Morocco Ghana and Russia Federation.
Fourthly, because a Project is not all the time an opportunity, we have proved the viability and validity of the proposal in the field. Although the Project’s horizon is the Continent, it doesn’t mean to cover 54 Countries, opportunities being available everywhere; initially, the activities shall focus on some selected countries.
Fifthly, we supported the Proposal with a methodology: the Project should be seen in the picture of the Community-based economy as a new approach replacing Credit-based economy:https://www.amazon.com/kindle/dp/B01ENJP37S/ref=rdr_kindle_ext_eos_detail .Accordingly, we have elaborated a conceptual framework that has been visualized in the Figure https://www.linkedin.com/in/ascanio-graziosi-968ba43/detail/recent-activity/shares/, which has been the reference in point to design the Model to promote growth via business approach. The connected market segmentation deserves a detailed investigation of the landscape to understand which kind of service/product may be delivered and makes also the difference between lender, developer and philanthropist.
Final Step. On the grounds of above and encouraged by the positive comments, we have launched the Fundraising Campaign and here the highlights the FUND’s features.
JAMBO (Swahili salutations) isn’t a fund as usual (Extract from 40-page Project Document Feasibility Study):
A. To our knowledge “JAMBO” is the first RISK FUND designed within the UN 2030 Agenda for SDGs along with the guidelines of Basel III Committee on financial inclusion: (Fund vision: Objectives 1 and 8 of SDGs)
B. JAMBO isn’t just financing but much more: it does match-up traditional and innovative approach to the market and the proposed market segmentation will be of utmost importance for both finance and the digitalisation providers. It has a twofold objective: to provide financial resources to UNDERSERVED ENTREPRENEURSand assistance to UNDERCAPITALISED LENDERS, both facing the following three big challenges: UNDERCAPITALISATION, DIGITALISATION and MANAGEMENT. The linkages between FUND and national financial providers (MFI, Banks, Finance Agencies, etc.) shall be worked out country by country, in accordance with the related market situations; if this way isn’t viable or feasible, the FUND will directly link with the Entrepreneurs;
C. The Model is viable and valid at both regional and country level and in this understanding, a specific request can be fitted into it;
D. The FUND shall have a positive impact on the financial market by lowering the high cost of borrowing;
E. Based on the current lending activities in the Continent, the FUND can secure an ROI above 3%; besides, there is a non-negligible Investors’ image return by acting as a development’s actors;
F. Although the Project’s horizon is the Continent, it doesn’t mean to cover 54 Countries, opportunities being available everywhere. We have planned to achieve round-up meetings in 3-4 countries and come back with an important portfolio. It is worthwhile to note that some entrepreneurs have already anticipated requests for financial assistance: Ghana (cotton), Cote d’Ivoire (cocoa beans), Benin (port) Nigeria (recycling), Tanzania (enterprise expansion), Algeria (Construction).
G. We have worked out a tentative timetable (see Figure), which should be discussed with the Founders, visualising two ways to go: 1) a field survey in some selected countries, 2) round-up meeting with our high-level contacts in some countries. In case, the field survey could be completed soon after FUND inception.
H. The seed capital along with the African Country where to register the Venture Company shall be discussed with a restricted Group of the Founders: Investment Companies, Firms, Private Investors, Donors, Financial Institutions.
You will make the history of promoting the Gateway to Africa’s inclusive growth.
Subscribers will receive a copy of the Feasibility Study: JAMBO FUND, Africa’s Gateway to Inclusive Growth. Truly interested Investors may have more information: firstname.lastname@example.org or via Skype.
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