In this conversation, Donna Rosa discusses the special needs of low-income country entrepreneurs. She highlights three key components for a successful program: long-term assistance, comprehensive coverage of all aspects of business, and personalized support. Donna emphasizes the challenges faced by entrepreneurs in accessing finance and suggests rethinking traditional criteria for loans. She also mentions the importance of grants, which provide free money without the need for repayment. Donna shares an example of a mentoring program that has had a significant impact on women agripreneurs. She advises entrepreneurs to make the most of mentorship, stay focused, and continuously search for funding. The key hack she suggests is instilling discipline in entrepreneurs to regularly analyze their financial numbers.

Takeaways

• Long-term assistance, comprehensive coverage, and personalized support are key components for effective programs for low-income country entrepreneurs.
• Access to finance is a major challenge for entrepreneurs in low-income countries, and traditional criteria for loans need to be rethought.
• Grants provide free money without the need for repayment and can help entrepreneurs get off the ground.
• Mentoring programs can have a significant impact on entrepreneurs, providing individualized support and guidance.
• Entrepreneurs should make the most of mentorship, stay focused, continuously search for funding, and analyze their financial numbers regularly.

More about the Guest:

Donna Rosa
Chief Entrepreneurship Officer, EFour Enterprises LLC
www.efourenterprises.com
linkedin.com/in/donnarosa
www.donnamrosa.com