Photo is taken from Unsplash for Marketing Representation.

The African Resilience Initiative for Entrepreneurs (ARIE) is currently working to support businesses through a zero-interest loan program with a strong focus on women entrepreneurs.

 What is ARIE?

ARIE is a Pan-African initiative committed to supporting 300 African entrepreneurs – 70% of whom will be women – by providing financial and technical assistance as well as a platform for networking that aims to connect entrepreneurs to potential investors. The initiative was started by Entrepreneurial Solutions Partners (ESPartners) in partnership with the US African Development Foundation (USADF), recognizing that women entrepreneurs have been disproportionately affected by the COVID-19 pandemic. Challenges they normally face in access to finance, skills building support, markets, and information have been exacerbated by the crisis, and they need additional support to reinvent their businesses following the pandemic.

 

What specific opportunities are available for SMEs?

ARIE will support entrepreneurs from seven countries (Uganda, Ghana, Ivory Coast, Kenya, Nigeria, Rwanda and Senegal) and from among the agri-business, manufacturing, energy and renewables, and essential services sectors. Selected SMEs will have the opportunity to receive up to 150,000 USD (Shs 540,000,000) per firm. The funds will be disbursed as an interest-free loan to ensure businesses have the working capital they need to maintain operations and scale despite the pandemic.

 

ARIE will assign each entrepreneur to a business advisor that will support them in diagnosing and rethinking their strategy and operational efficiencies. They will then have access to a team of experts that will help them adapt to and navigate the present economic reality.

Finally, the ARIE platform will help SMEs harness opportunities unleashed by the establishment of an African Continental Free Trade Area. It will connect African SMEs to potential investors and the networks they require to expand their geographical coverage, thus enhancing their capacity to trade across borders. The ARIE platform will also be a repository on a wide range of topics, including access to markets, building human capacity, and scaling.

How do I apply?

Applications will be available from 24th August through 25th September 2020. Interested SMEs should visit https://bit.ly/ARIE2020 to apply.

For more information, contact:

Entrepreneurial Solutions Partners (ESPartners)

Website: www.espartners.co

Email: info@espartners.co or arie@espartners.co

Tel: +225 224 142 49

 

Ekitongole ki African Resilience Initiative for Entrepreneurs kiyamba ku bakyala abasuubuzi.

Ekitongole kya African Resilience Initiative for Entrepreneurs (ARIE) nga kino kiyamba ku basuubuzi okusigala nga bagumu mu mbeera yonna; mu kaseera kano kiri mu kufuba okulaba nga kiyamba abasuubuzi nga kiyita mu nkola ey’okubawola amabanja agataliiko magoba era nga essira basinze kuliteeka ku bakyala.

ARIE kye ki?

ARIE kitongole kya Bafirika era nga kyewaddeyo okubeera nga kiyamba abasuubuzi Abafirika 300 – 70% bajja kuba bakyala – nga kibawa obuyambi mu by’ensimbi wamu n’amagezi g’ekikugu nga kw’otadde n’okubeera omukutu abasuubuzi mwe banaayita okusobola okukwatagana ne ba musiga nsimbi.

Enkola eno yatandikibwawo aba Entrepreneurial Solutions Partners (ESPartners) nga bakolaganira wamu ne US African Development Foundation (USADF), oluvannyuma lw’okukizuula nti abakyala abasuubuzi ekirwadde kya Covid-19 kibakosezza bya nsusso. Okusoomoozebwa kwe batera okusisinkana mu mbeera ya bulijjo omuli eby’ensimbi, amagezi g’ekikugu, obutale wamu n’amawulire agakwata ku bintu eby’enjawulo kweyongeredde ddala olw’akatuubagiro akaliwo era nga beetaaga obuyambi obw’enjawulo okusobola okuzza obuggya emirimu gyabwe olw’ekirwadde.

Amakolero n’eby’obusuubuzi ebitonotono (SMES) birinawo emikisa gya nnabaki?

ARIE egenda kuyamba abasuubuzi okuva mu mawanga musanvu (Uganda, Ghana, Ivory Coast, Kenya, Nigeria, Rwanda ne Senegal) era ng’egenda kuyamba abo abali mu busuubuzi bw’ebirime, ab’amakolero, amasannyalaze n’ebisobola okuzzibwa obuggya wamu n’abakola obuweereza obw’omugaso eri obulamu.

SMEs ezinaaba zirondeddwawo zijja kuba n’omukisa ogw’okufuna ssente eziwera 150,000 USD (Shs. 540,000,000) buli emu. Ssente zino zijja kubaweebwa ng’ebbanja okutali magoba okusobola okukakasa nti ebasuubuzi balina ssente eziddukanya emirimu gyabwe egya bulijjo wamu n’okwekuumira ku mutindo newankubadde ng’ekirwadde weekiri.

ARIE buli musuubuzi ejja kumuwa omuwi w’amagezi okusobola okubayamba okwekenneenya wamu n’okuddamu okulowooza ku ngeri gye baddukanyamu emirimu basobole okukakasa nti gitambula bulungi. Bajja kuba nga basobola okutuukirira abakugu abanaabayambako okumanyiira wamu n’okuyita mu mbeera y’eby’enfuna gye tulimu kati.

Ekisembayo, ARIE gugenda kuba nga gwe mukutu SMEs mwe zinaayita okufuna emikisa gyonna eginaatondebwawo oluvannyuma lw’okuteekawo  eby’obusuubuzi eby’awamu okwetooloola ssemazinga wa Africa yenna – (African Continental Free Trade Area)

Egenda kuyunga SMEs mu Africa ku ba musiga nsimbi wamu n’okubatonderawo emikutu mwe banaayita okugaziya emirimu gyabwe kibongere embavu ez’okusuubula nga bayita ku buli nsalo.

Omukutu gwa ARIE gugenda kubeera nga lye kkunganyizo ly’ebintu ebyenjawulo nga muno muzingiramu okufuna obutale, okwezimba ng’abantu wamu n’okwekuumira ku mutindo.

 

Nteekayo ntya okusaba kwange?

Okusaba kugenda kubeerawo okuva nga 24 Muwakanya (August) okutuuka nga 25 Mutunda (September) 2020, SMEs ezikyagadde zisobola okukyalira omukutu https://bit.ly/ARIE2020 okuteekayo okusaba kwazo.

 

Okumanya ebisingawo, tuukirira

Entrepreneurial Solutions Partners (ESPartners)

Website: www.espartners.co

Email: info@espartners.co or arie@espartners.co

Essimu: +225 224 142 49

 

 

 

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