In small business ownership, dreamers are plenty. Entrepreneurs are few. What's the difference? According to Chris Alexander, "Not everyone who dreams of owning their own business should. Running a business - for any of us - is a challenging proposition that demands at least a basic understanding of human nature and local economics within the individual's social and cultural context." Dreamers have big ideas for their own businesses but do not necessarily have the knowledge, experience, fortitude, or ability to be successful as a business owner.
CRISIS AND EVENT CULTURES
"An entrepreneur in the developing world must be able to create and adhere to a simple business plan in order to be successful," says Chris. Many of the cultures where OneIN works are considered "crisis and event cultures." This means that crises or events often take over the needs of everyday life. When a crisis arises, many small business owners use the funds that should have been used to maintain and grow their businesses to pay for the crisis. The decision to help or not or the compromise that people make often determines whether or not the business succeeds or fails. According to Chris, "In countries with high unemployment, low wages, and no insurance the challenge to protect and develop a new business is daunting."
TAKING A CHANCE CREATES OPPORTUNITIES
Even though true entrepreneurs are hard to find, they do exist in every culture. OneIN has found that when we help these entrepreneurs, they, in turn, help those around them. Chris states, "Entrepreneurs have always been the backbone of national development and it is no different today." The positive relationships developed through empowering entrepreneurs opens unique opportunities to share the hope that we have in Christ. "Ultimately, that is why we do what we do," he shares.
Thank you for your help in enabling entrepreneurs to take their businesses to the next level and for helping OneIN be there to take the opportunity to share our faith in Christ!
Tyagi: a OneIN Success Story
In March of 2015 we met Tyagi at Lakeview Bible College. He was a student working on earning his Bachelors in Theology. Tyagi was going to be graduating soon and would go back to his home village where he would become a pastor. He understood that being a pastor alone in India would not be enough to support his family.
We worked with him to create a business plan, then loaned him funds, at no-interest, to start the business. He purchased a buffalo and successfully started his own business selling its milk. He was excited for the opportunity to do something that he knew would only increase his ability to serve his community.
In those two years Tyagi began working on his Masters of Divinty. His business did so well that he even was able to open his own savings account. There were ups and downs in his family; medical emergencis and the like, but because he had the savings account and a steady business, it allowed him to pick up where he left off and not succumb to the consequences of poverty. In that time, Tyagi also got married. He and his wife continue to run their buffalo business, all while serving the community. Here's a note from Tyagi:
"The benefits I received from my business have supported my family and minstry, financially and in paying the loan back. It has also helped me to become independent. I no longer have to look anywhere for financial support because I can supply my family's needs from my own business."