Balloon Ventures
@balloonventures
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We grow high potential small businesses in Kenya and Uganda. This creates safe, secure and fairly paid work where it’s needed most.
London | Kenya | Uganda |Ghana
Joined January 2012
We have recently explored the role of #fintech #innovation in increasing the resilience of #climate vulnerable populations, and have selected our latest cohort based on these insights. Learn more ➡️ https://t.co/yrqw0FeRgY
@carrarom
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Delighted to receive funding through the @DutchMFA supported Challenge Fund for Youth Employment (#cfye) and to be working with @PalladiumImpact in delivery of the project!
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Interesting piece on growth of digital credit in Kenya.
Entrants from outside the regulated sectors are increasingly offering #DigitalCredit. However, this is more by default rather than by design, writes @EdGwer. Read on for more insight into Kenya's credit market. https://t.co/7aoHNaeHqN
#FinancialRegulation #InclusiveFinance
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Great to see two innovative projects supported by @CFYEmployment in Uganda: @balloonventures & @hesocialimpact. Check out what is a #DecentJob according to Ugandan youth 👉 https://t.co/IvRORNAocA
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We’re less than one month away from #GlobalEntrepreneurshipWeek! 📣 Make sure your project gets the recognition it deserves by sharing your GEW initiatives with @unleashingideas online here 👉 https://t.co/bbBClX6d2o
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@joshbicknell is the co-founder of @balloonventures, a social enterprise working to unlock the potential of small & growing businesses in Kenya and Uganda to create good jobs. Josh will present Balloon Ventres at the #YouthAtHeart Forum on the 2nd of Nov.>> https://t.co/bc1EcmL5vC
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Interesting piece from @FSDKe on the opportunities and limitations of skills-based apprenticeships.
Apprenticeships allow youth to start earning a nominal income as they develop skills. However, they limit future prospects as higher-paying jobs require formal certifications. More in this blog by @timmukata @gann12 & Abigail Steinberg: https://t.co/PDuWBy7QEk
#InclusiveFinance
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An entrepreneurial mindset can open doors. Read more about #Citi Foundation's investments in #entrepreneurship programs for #youth and other lessons learned from our last six years of #Pathways2Progress programming: https://t.co/18dswZy5UU
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"The support has been immense - it's had a huge impact on my business". Larry on his work with @balloonventures & @Citi Fdn. We're delighted to be part of @Citi Fdn's $100m commitment to helping marginalised young people into meaningful work. #pathways2progress
#100YouthVoices
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Very excited about the potential of this collaboration!
In #Mbale launching our partnership with Balloon Ventures to use #MYAccounts #automation and #businessintelligence platform to support #SME lending. #Data based credit for cheaper and more effecient capital for the #African #SME
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Great overview from @SpringImpact exploring effective ways to deliver mentorship micro, small and medium enterprises. Lots of *practical* guidance for orgs supporting informal firms. Supported by @Argidius. https://t.co/FI46qS8jum
springimpact.org
In these times of high global uncertainty, mentoring can act as a critical tool for helping firms to overcome a range of barriers and to succeed. By increasing the growth and sustainability of MSMEs,...
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"At a moment that requires worldwide solidarity, it is worth appreciating just how financially vulnerable individuals and families are." Important work here from @FSDKe
A majority of Kenyans work in the informal sector. Lack of formal safety nets means job losses & income reductions hit families harder. How will they weather the #COVID19 storm? Read the insights here: https://t.co/0Ly4jP38rn
#Covid19DiariesKenya #KomeshaCorona
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Absolute must read for anyone supporting informal sector businesses.
NEW: "The Informal Economy Revisited: Examining the Past, Envisioning the Future" The new open-access book is the culmination of 20 years of pioneering WIEGO work on the #informaleconomy & includes contributions from leading scholars: https://t.co/d6JPp6Y14u
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We are proud to announce the launch of the #Uganda Entrepreneurial Ecosystem Initiative-Phase 2. The @AspenANDE multi-year, multi-stakeholder initiative seeks to improve the business environment for SGBs in Uganda. Join us for the virtual launch! https://t.co/5FGySqZsJK
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This is a really nice summary from @amritasaha and @OpeyemiA on the @IDS_UK blog. Practical steps governments can take to support informal businesses managing impacts of Covid.
ids.ac.uk
In Africa, micro, small and medium-size enterprises (MSMEs) in the informal economy are particularly vulnerable to economic impacts of the Covid-19 pandemic. Consumers are demanding and spending...
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Must watch from @IDS_UK for orgs supporting informal businesses and their workers.
ids.ac.uk
COVID-19 has had a huge impact on the health and economies of countries all over the world. Some of the hardest hit have been low-income informal sector workers. This event will discuss the impacts...
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Some Kenyan communities are turning to local cryptocurrencies to cushion themselves from the economic hardships occasioned by #Covid-19. Read @aprzhu’s @restofworld feature, with some insights from @FSDKe & @Finmarktrust. #COVID19tracker #financialinclusion #Inclusivefinance
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Important reading for SGB support orgs in Uganda. Industrial Policy overview. Interested to see how role of Uganda Development Corporation develops. @cdaeastafrica @KASonline
https://t.co/7boZZM4jV5
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Very useful resource from @nesstorg on gender lens investing in small businesses. https://t.co/tHB88jmgHb
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Excellent piece on gender lens investing by @mzngoasong on @openDemocracy.
opendemocracy.net
African women entrepreneurs can overcome the funding gap with targeted support from a new type of gender-focused investors.
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