Community Enterprises
Community enterprises is where an individual or a group of local producers come together to set up a locally based income generating venture. Sevalanka over the last two decades have supported many such interventions around the Island. The type of enterprises can vary from agriculture, fisheries, and handicrafts, to small household businesses such as coir production and brick making etc. Most of these ventures are set up with the intention of boosting the local economy.
Some of the services provided by Sevalanka for the many communities we work with are -
Some of the services provided by Sevalanka for the many communities we work with are -
- Financial management services (e.g. analysis of assets, constraints and opportunities; strategic planning; capacity building; systems for savings, revolving loan funds, financial management, collection and quality control; shareholder structures)
- Production-oriented services (e.g. training, extension, learning workshops, study and exchange visits)
- Microfinance services (e.g. affordable capital to invest in production or new enterprises and smooth-out seasonal variations in income)
- Direct trade linkages (e.g. access to information, working capital and trade agreements to overcome trade monopolies and increase share of value chain)
- Value chain investments (e.g. investment capital and advisory support to invest in storage, transport, processing, packaging, certification, labelling or retail outlets)