YOUNG BELIZE ENTREPRENEUR BUILDS BUSINESS IN BACK YARD AND WINS INTERNATIONAL AWARD.
The Citi awards also recognises individual entrepreneurs.
The
Excellence in Micro-entrepreneurship Award went to Belize's Javier Basto
of Basto & Sons Plantain Chips. Basto will receive a cash prize of
US$3,000.
Frying plantains in his backyard
In
2008, the entrepreneur launched into business by frying plantains in
his backyard and selling to friends and neighbours in affordable US$0.50
bags in Guinea Grass Village, Belize.
With financing from La
Inmaculada Credit Union for equipment and improved facilities, his
business has expanded to seven employees and 5,000 bags per week; and
includes cassava chips and churros distributed through grocery stores in
Orange Walk Town, Corozal Town and Belize City.
The Citi
Micro-Entrepreneurship Awards for the Caribbean is a collaboration of
Citi Foundation, the Caribbean Microfinance Alliance (CFMA), and the
Multilateral Investment Fund (MIF). The awards are financed by Citi
Foundation and administered by CMFA and the MIF.
The awards will
be handed out annually. This year, the winners will be presented with
their prizes at the Caribbean Microfinance Forum IV in Bridgetown,
Barbados, on September 30.
JAVIER BASTO ON LEFT, WITH THREE OF NOW SEVEN EMPLOYEES.
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1 comment:
Thank you for the good article.
As far as I understand, every entrepreneur should have in mind the opportunity to make his business better. In my case it was m&a data room which helped me increase my company's efficiency.
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