Techno Serve
Techno Serve
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About this organization
Mission
To fight poverty by helping people build regenerative farms, businesses and markets that increase incomes.
About
Technoserve works with enterprising men and women in the developing world to build competitive farms, businesses, and industries. As a nonprofit organization operating in 29 countries, Technoserve is a leader in harnessing the power of the private sector to help people lift themselves out of poverty. By linking people to information, capital, and markets, we have helped millions to create lasting prosperity for their families and communities. 2018 represented the 50th anniversary of Technoserve's founding, and during the course of the year, our work benefited 457,000 farmers, businesses, and employees, improving the lives of an estimated 2.3 million household members. We helped these beneficiaries generate $188 million in additional revenue and wages. Women's economic empowerment is a central focus of Technoserve's work, and 39 percent of all of our beneficiaries-including 58 percent of the beneficiaries from our entrepreneurship programs-were women in 2018. Below, we provide updates from several key projects representing a cross-section of Technoserve's work in agricultural value chains and entrepreneurship around the world. In Benin, Technoserve is leading the Benincaju project, which was launched in 2016 and is funded by the U.S. Department of Agriculture. By providing agronomy training to farmers, building the capacity of cashew-nut and cashew-apple processors, harnessing new technology, and improving access to finance and markets, the program is helping to make the cashew sector an engine for Benin's economic development. To date, the program has provided training to more than 30,000 farmers and has contributed to a 450-percent increase in the sales of locally processed cashews. 2018 marked the successful conclusion of the Nirmal Dhara project, a partnership with global healthcare company Abbott in India. The project helped smallholder dairy farmers to become producers of high-quality milk and enter Abbott's supply chain, where they were able to earn a price premium. As a result of the partnership, local farmers and entrepreneurs have earned $9.5 million of additional income. Technoserve partnered with the U.S. Agency for International Development and the J.M. Smucker Company to implement the Better Coffee Harvest program, which supported the recovery of the coffee sector in areas of Nicaragua and El Salvador that were badly affected by the coffee leaf rust epidemic. The project provided training on climate-smart agricultural techniques to coffee growers and facilitated access to improved inputs in order to make farms more productive and resilient. By the time the project ended in 2018, it had benefitted 9,500 women and men, whose yields increased by an average of 50 percent. In addition to our work in agricultural value chains, Technoserve works with entrepreneurs around the world to start and grow competitive businesses. Technoserve teams have helped to equip Kenyan 'mom-and-pop' shopkeepers with better business knowledge, tools, and practices. Harnessing innovative technological tools, business advisors have provided training to improve these micro-retailers' merchandising, marketing, inventory management, and recordkeeping, while also introducing mobile finance and inventory management solutions. The Smart Duka project worked with more than 1,000 businesses, 60 percent of which are women-owned; participants experienced average revenue increases of 44 percent. In Central America, the Crece Tu Empresa program has helped young people to grow their small businesses by providing training on key business skills and fostering stronger market connections. The project, which is supported by the Citi Foundation and is programmed to run through 2020, has helped 257 youth entrepreneurs across Guatemala, El Salvador, and Panama to increase their sales by 78 percent. The Emerge program, an ongoing Anglo-American-Technoserve collaboration in Chile, has helped to create new, diversified economic opportunities in mining communities by strengthening local small businesses. The program builds the capacity of these businesses and helps to connect them to profitable supply chains. Through 2018, the program has worked with more than 1,700 small businesses, helping them to generate more than $11 million in additional revenue and support more than 3,000 jobs.
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “Technoserve works with enterprising people in the developing world to build competitive farms, businesses, and industries.”.
When talking about its functions, they were outlined as: “Technoserve works with enterprising people in the developing world to build competitive farms, businesses, and industries.”.
- The legally reported state of operation for the non-profit is NY.
- According to the filing, the non-profit's address in 2019 is 1777 NORTH KENT STREET NO 1100, ARLINGTON, VA, 22209.
- The non-profit organization as of 2019 has a total of 130 employees reported on their form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $3,108,868.
- The organization has 24 independent voting members.
- The organization was formed in 1969.
- The organization pays $38,383,289 in salary, compensation, and benefits to its employees.
- The organization pays $2,125,489 in fundraising expenses.