Aurelien was immediately taken aback by the way the entrepreneurs and the whole village have received their new visitors with open arms:
“All the families in the village were so welcoming! We were invited to eat at several different entrepreneur’s houses which was such an amazing and enjoyable experience.”
The training got underway with Aurelien and Joana presenting an engaging session on how to outline a specific business model canvas, which had been tailor-made to help the entrepreneurs plan their business. Prakash, one of the entrepreneurs, has spent many years working overseas in the Middle East to provide for his family, like many other young Nepalis. He emphasised the importance of the business model:
“The business plan taught me about the importance of identifying a target market. You need to focus on one idea, revise it and move forward.”
Dinesh, another eager entrepreneur who hopes to expand his chicken farming business, agrees that the planning session gave him some useful tools to apply:
“The key to long term success is a good business plan. After this training, I feel a lot more confident in making a business plan and what I need to include in it.”
One of the most difficult dynamics of running any successful business is the ability to keep track of your finances and accounting. Raleigh and local project partner RADO (Rural Awarness and Development Organisation) identified this as a key point for the BNP Paribas (Suisse) SA training to focus on. Despite being a tough topic, the entrepreneurs relished the challenge and soon realised the important dimensions of accounting when starting up a business.
Sanja wants to diversify her business model by expanding the offerings in her shop with cosmetics and clothes, so it is especially important for her to keep an eye on costs:
“Being able to keep track of your finances while running a business is important if you want to be successful, which is something that I learnt during today’s session.”
Prakash agrees that a stronger knowledge of accounting will help him as he sets up a business creating plates from leaves and develops his poultry farming business:
“The session has taught me how to keep track of my business finances a lot better and the correct way to record them.”
With the first week of training over it is clear the impact the training has had on the community. Entrepreneurs have not only gained new skills and knowledge, but the inspiration and passion to make their ideas a reality. This is a process which has clearly not only impacted the community, but also on Joana as well:
“I am both very proud and lucky to get the chance to help change the lives of the local communities here in Bagdali.”
Over the next week our BNP Paribas (Suisse) SA volunteers will be heading to the second Raleigh ICS village of Agor to deliver further entrepreneurship training to a whole new community.