An entrepreneurial training course is offered after six months of membership. This course includes budgeting, obtaining financial backing, the importance of location, customer service, advertising, product development, and daily financial
tracking. During this course members actually get to launch a weekend business and experiment with trying to make a profit.
After the entrepreneurial training, members write up business plans for their own businesses. Small business grants of up to 1 million shillings ($650) are available to each member to either launch their business or to take a big leap in expanding a business they have started.
In our first group that graduated in spring of 2008 we found that:
- 67% of the beaders have started at least one business since joining BFL, with a 62.5% success rate, which is almost double the success rate in the US.
- 87.5% of those who started a business said that they used their income from BFL to pay for their start-up costs.
- 82.6% of business owners say that they plan to expand their business.
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