Village Enterprise Fund, Inc.
Village Enterprise Fund, Inc.
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About this organization
Mission
Mission - Our mission is to end extreme poverty in rural Africa through entrepreneurship and innovation. Our vision is a world free of extreme poverty and chronic hunger where people have the means to sustain their families.
About
Village Enterprise's mission is to end extreme poverty in rural Africa through entrepreneurship and innovation. We implement a high-impact micro-enterprise graduation program for people living in extreme poverty in Uganda and Kenya. The organization engages groups of three entrepreneurs who live below the extreme poverty level of $1.90 per day in a one-year program that provides seed capital, training, and ongoing mentorship. These entrepreneurs form business savings groups focused on savings and growth capital.
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “To end extreme poverty in rural africa through entrepreneurship and innovation.”.
When referring to its functions, they were specified as: “To end extreme poverty in rural africa through entrepreneurship and innovation.”.
- The non-profit has reported their operating state as CA, as required by law.
- As stated in the filing, the non-profit's address in 2020 was 751 LAUREL STREET PMB 222, SAN CARLOS, CA, 94070.
- The non-profit's form reports a total of 15 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $492,929.
- The organization has 13 independent voting members.
- The organization was formed in 1987.
- The organization pays $1,931,195 in salary, compensation, and benefits to its employees.
- The organization pays $487,747 in fundraising expenses.