All Yennenga Progress companies were started to meet a current need. These companies contribute practically to building the village's welfare functions, developing the infrastructure and creating a diversified production. It is through these companies that we, through our partner companies, try to develop sustainable technologies and services, as well as creating a local funding for the welfare services in the village.
Nakamtenga, Burkina Faso
Ongoing since 2019
– We need tips (and contacts) on partners who can contribute and work with microfinance. Do you have tips or contacts?
– Do you have new business ideas for The Good Village?
– Sustainability guidelines for people and the environment based on our strategies must be formulated as a policy for new entrepreneurs.
– "Chamber of Commerce" is an idea for gathering the local entrepreneurs at the marketplace for collaboration, marketing etc. We need a sponsor
Do you want to join the partnership network?
Join Yennenga NetworkThe tipping point for a local economy was when we had hired 70 of the 1,500 residents of the village. When there was a significant proportion of residents who had money in their pocket and could invest in a bicycle, buy morning coffee at a café, etc., a number of businesses started in the marketplace. Since then the market place has grown ever larger, putting more people into work and new businesses are created all the time. We see a steady increase in activities and companies every year.
Now that we have reached a tipping point where the number of customers are growing, there is a new opportunity to invest in supporting small businesses. The population begins to move from income group 1, which lives on the poverty line, to group 2, which has more diversified income and thus more secure livelihoods.
In all new investments we make in entrepreneurship and in the welfare functions, we strive to break the link between economic growth and environmental degradation through sustainable guidelines for the environment and people.
In a country like Burkina Faso, where 70 percent of the population still lives on self-sustaining agriculture, the income gaps between the city and the countryside are huge. With investments in education, as well as the jobs that the welfare society The good village can offer, these gaps are successfully reduced.
All Yennenga Progress local businesses in the village started as vocational schools and have since transitioned to become businesses. We now have:
– Construction company,
– Welding workshop
– Carpentry workshop
– Textile studio
– Restaurant, conference and accommodation.
– to finance the local welfare
– to be a role model for locally produced, ecological and sustainable tourism
– to create sustainable consumption and production patterns
– to create sustainable innovation
– to increase the diversification of families' incomes
– to increase the employment rate and youth employment
– to be good role models for working environment.