Principles & Strategy
Principles
- Self-reliance is the economic ideal for individuals, families, and communities.
- In developing self-reliance, ability to understand and manage resources is equally important as access to resources.
- Successful organizations provide opportunities for individuals to learn, grow, work, and contribute - thereby increasing overall satisfaction.
- Successful organizations create models for more innovation and investment, leading to further growth and development.
- Providing service to others leads to lasting relationships and a more meaningful life.
Strategy
AEF is not about raising money and spending it. Each donation becomes part of the "fund" which we believe will grow larger and larger over time -- in line with the success of our investments.
These results are achieved by applying the following methods:
- Pool resources, experience, and ingenuity to start successful and profitable micro-enterprises in African communities.
- Focus on educating, training, and developing employees into competent and confident managers and business owners.
- Gradually transfer the business by helping employees understand their ability to pay off debt or return dividends on borrowed capital.
- Sell, franchise, or further grow the business with the help of now-ready employees and third-party financing.
- Reinvest all profits and proceeds of the business into the education, development, and care of our employees - or into more micro-enterprises.
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AEF Assumes Operations of 400-student School - 05/07/10 AEF is pleased to announce that we have officially assumed operations of... (read more)
Award-Winning Entrepenuers Team Up with Empower Academy and AEF - 05/06/10 AEF is pleased to announce that Taylor Turnbull and Paul Dickson have... (read more)
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