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* HOME
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GUIDING BUSINESSES THROUGH COVID-19
Listen to testimonies from our entrepreneurs about what ONOW is doing with Youth
Business International's Rapid Response Recovery Programme, funded by
Google.org, to support struggling small businesses during the COVID-19 crisis.
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WHY SOUTHEAST ASIA?
Southeast Asia is a region with over 1 billion people, bordering 3 billion in
India and China. SE Asia is young with 34% of the population under the age of
25. The ethnic diversity of the region is both a challenge and potentially its
greatest asset. Young people are mobile, pushing the frontiers of culture,
business and technology. The people are taking action to advance their own lives
as well as build up their nations.
GRINDING POVERTY
Vast differences exist in the quality of life between countries, yet the
considerable mobility between nations leads to clear econoimc class differences.
LACK OF CAPITAL
Those who want to start businesses are held back by a lack of access to cash.
Some loan sharks and pawn shops even charge usurious rates of upwards of 40%
interest per month.
BROKEN EDUCATION
Though most in the region value education, migrant and rural populations in SE
Asia continue to lag behind the education rates found in urban centers.
WHAT WE DO AND WHY WE DO IT
ENTERPRISE DEVELOPMENT
We emphasize simulation and experience to prepare participants for problem
solving and innovation. Participants are equipped with the knowledge of
essential components of starting and operating a business.
ACCESS TO CAPITAL
We help Entrepreneurs understand their sources of capital, including family
networks and micro-finance institutions. If not available, we step in and
directly provide the necessary startup capital.
FINANCIAL CAPABILITY
We mentor businesses in the fragile first years of their new venture. We
emphasize the importance of cash flow management. We ask questions that help
Entrepreneurs make decisions with an eye toward the future.
INDUSTRY IMPACT
173K+
PARTICIPANTS EQUIPPED
10,000+
ENTREPRENEURS COACHED
$500K
CAPITAL UNLOCKED
WHO WE'VE WORKED WITH
CONNECT WITH US
Drop us a line! We would love to get to know you!
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ONOW exists to enable female migrants to become financially capable and
empowered entrepreneurs.
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Carmel, IN 46280 USA
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