Cafe Business Startup
The summary below was provided by the Peace Corps Volunteer and the community administering this project.
Map of CAPE VERDE
The objective of this project is to provide the means necessary to enable a single local woman, to create and run a small home-style restaurant and catering business. In doing so, the ultimate goal is to create a much-needed source of sustainable monthly income for this woman and her three children. The village is a remote and impoverished rural community of about 400 people on an island of Cape Verde. The village is located at the entrance to a national park – “Parque Natural de Monte Gordo” (PNMG). It is the islands primary tourist attraction. Such opportunities are scarce in these small rural towns, where unemployment can run from 40-50% and the vast majority of the island population depends on subsistence agriculture and or foreign remittances from family members living and working abroad. Overcoming this challenge through creating sustainable opportunities, locally, is one of the primary goals of the government and people of Cape Verde.
More specifically, the goal is to increase the monthly personal income of the project beneficiaries by 75% after the first three months of business operation. In order to do this, the business will need to turn a minimum monthly operating profit of 11.250$00 CVE (approx. $137 USD) per month. Of this amount, a minimum of 25% (2.813$00 CVE/ $34 USD- approx./rounded) will be designated to be set aside into a personal savings account. The remaining money will be available for household/family expenses and or for reinvestment into the business. As a community leader and President of the local women’s association, she will serve as a powerful example for empowering other women to pursue similar entrepreneurial endeavors. The required resources will be obtained through a combination of the donated funds received, local funds and locally donated material and labor: • Construction of a bathroom with functioning toilet and sink (restaurant) • Structural improvements made to the outside patio “dining area” (restaurant) • Miscellaneous business supplies and marketing costs such as printing business cards and other relevant promotional materials targeted towards the tourist market
More specifically, the goal is to increase the monthly personal income of the project beneficiaries by 75% after the first three months of business operation. In order to do this, the business will need to turn a minimum monthly operating profit of 11.250$00 CVE (approx. $137 USD) per month. Of this amount, a minimum of 25% (2.813$00 CVE/ $34 USD- approx./rounded) will be designated to be set aside into a personal savings account. The remaining money will be available for household/family expenses and or for reinvestment into the business. As a community leader and President of the local women’s association, she will serve as a powerful example for empowering other women to pursue similar entrepreneurial endeavors. The required resources will be obtained through a combination of the donated funds received, local funds and locally donated material and labor: • Construction of a bathroom with functioning toilet and sink (restaurant) • Structural improvements made to the outside patio “dining area” (restaurant) • Miscellaneous business supplies and marketing costs such as printing business cards and other relevant promotional materials targeted towards the tourist market
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Go directly to the peace corps website to donate to this project: https://www.peacecorps.gov/index.cfm?shell=donate.contribute.projDetail&projdesc=655-024
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