2013 Annual Review

Page 1

2013 ANNUAL REPORT


IN 2013, THE UGANDAN AMERICAN PAR FORMALLY REBRANDED AS AKOLA PRO

EVOLVING TO MEET THE NEE

NEW MODEL Vocational Centers

Building vocational centers in rural villages to offer women new opportunities.

Sustainability

Training

Teaching women to invest in business initiatives to generate a sustainable income for years to come.

Training women in jewelry making, loom weavings and block printing.

Employment

Savings and Loans

Employing women so they can provide for their families’ basic needs and future business endeavors.

School Fees

Providing monthly income so mothers can afford school fees for their children.

Facilitating financial education courses and village savings and loans associations.


RTNERSHIP ORGANIZATION OJECT.

EDS OF THOSE WE SERVE:

NEW WEBSITE


AKOLA PROJECT


SOCIAL BUSINESS IN A NON-PROFIT FRAMEWORK MISSION & VISION: To empower marginalized women to transform the physical and spiritual livelihoods of their families and communities by facilitating vocational training, employment opportunities, savings and loans associations, education programs and leadership development. MOTIVATION: Akola Project is founded on and adheres to Christian principles of relieving poverty. We are motivated by the call of Jesus Christ to demonstrate God’s unconditional love for all people through the transforming power of the Holy Spirit


SOCIAL BUSINESS IN REVIEW: NEW COLLECTIONS RETAILERS MEDIA MENTIONS



IN 2013, AKOLA PROJ TWO NEW PRODUC

ETHIOPIAN M & LOOM WOVEN

THAT INCREASED REVENUE OPPORTUNITIES FOR T


JECT INTRODUCED CT OFFERINGS:

METAL PIECES

N CLUTCHES

E STREAMS & EMPLOYMENT THE WOMEN IN UGANDA.


RETAILERS: Alabama All About Her Amy Head Studio CK Collection Effie’s HL Hood Hue Studio J. Whitener Boutique Jane Loves Shoes Lilly’s Sportswear M. Lavender Marigail Mathis Perfect Touch Uptown Girl Whoopsy Daisy

Arkansas After Glo Ain’t That Funky Baptist Medical Towers Bella Boutique Beverly’s Blackbird Clothing Store Branch Out Caldwell Pharmacy Chic Ciao Bella City Drug Companions Darling’s Eden Embellish Full Moon Glo Harrison’s La Bella Vita Lundie Merle Norman Riff Raff Smith Caldwell Pharmacy Steam Roller Blues The Frenche Shoppe The Secret Nook Tulips Vesta’s

Nest Ware Osmosis Safari West San Diego Zoo Vices and Spices

Kentucky

Lanphier Day Spa

AJ’s Glasscock Monkees My Friend’s Place Serendipity The Farmer’s Daughter The Place

Florida

Louisiana

Bella Berlue Boutique Cx2 Project De Vane’s ETC Boutique In Search of Balance Ivory Coast Indigeaux Isle Style Juxtapose Apparel Posh Tunis Wickets

Caboose Boutique/Cafe Gypsy Junction H Two Designs Hemline Hemline Jewelie’s Boutique Kahre & Co. Le Marche The Bird’s Nest

Connecticut

Georgia Artisan Undies At Home in Thomasville Beth Ann’s Brown Jewelers Carlton and Carlton CC & Co. Ladies Boutique Fishtales Four Seasons Hemline Kathryn’s of Buckhead Lucy Lu’s One Monica’s Moxy LLC Rumor Boutique Terra Cotta The Honeybee Two Friends Two Friends Vices and Spices

California

Iowa

Adobe Design Casablanca Market Fairtrade Moller’s Garden Center Nest Ware

Santa Cruz by Alexandria

Kansas EJ’s

Mississippi Glitz & Glamour Material Girls S.F. Alman, LTD. Taunt International

Missouri Juju’s

Montana Meridian

Nebraska On a Whim

New Mexico Il Cicerone

New York A Tempo Habit Treasure and Bond

North Carolina All About Art Belle & Co Charlotte’s Inc. Cinch Gigi Gladiola Girls Kristen’s Place Lulu Blue Moon & Lola


Monkees Monkees Monkees of the Village Monkees Rebecca Byrd Rebecca of Winston-Salem Southern Swank Splurge Stephanie’s

Ohio Coco Addiction Thread on Grandview

Oklahoma Embellishments Prohealth Plaza Pharmacy Sideways St. John’s Bookstore City Drug of Coweta Primarily Kids

Oregon Cargo Jambo

Pennsylvania H Baskin

South Carolina Copper Penny Cynthia’s Laura Shull Millie’s Pink Cabana Savvy Inc The Resort Shop Utopia Warren on King

Tennessee Chocolat E’tincelle Jewelry Edenton Hemline Jongees Antiques K. McCarthy Fashion Truck Mari Mac Stones and Pearls

Texas 3 Threads Adelante Beasley at Home

Bliss Bridgette’s Brilliance Cadillac Cowgirl Christ Church Crazy Daisy Diamond Gems Dougherty’s Pharmacy Eklektik Interiors Elements Elements at Main Fischer & Anniston Frio’s Dry 50 Harley’s HB Style Shak Heartworks Hemline Hemline Hemline Houston Street Initials J. Hoffman Jazzy Jems Jennika’s Maverick Fine Western Wear Natural Bridge Wildlife Ranch Old Bryan Marketplace, Inc. Omni Hotel Dallas Pearl Preston Road Pharmacy Pure Denim Retail Therapy Roots Boutique Salon & Spa at Eaton Court Spoiled Pink Stitch Sussie’s Ten Thousand Villages The King’s Table Twenty Two-Fifty VJ Carriage Vintage House Your Shop

Virginia The Dandelion Monkee’s of Onley

West Virginia Charlie

Wisconsin Fayes Shi Shu Baby

Wyoming Barewood Gallery Purpura y Carmesi Peonies of Martinborough Trends Boutique


Modern Luxury feature on Akola Project Founder and President, Brittany Merrill Underwood

Who What Wear Epic Street Style feature of Akola Project Classic Necklace

MEDIA MENTIONS


Worn by Kathie Lee Gifford on the Today Show, holidays 2012

Ocean Drive feature on Taylor Cole’s work on Akola Project clutch designs



NON-PROFIT IN REVIEW: TRAINING PROJECTS EMPLOYMENT SAVINGS & LOANS EDUCATION PROGRAMS LEADERSHIP DEVELOPMENT


TRAINING PROJECTS

AKOLA PROJECT PROVIDES VOCATIONAL TRAINING TO 200+ WOMEN IN NORTHERN + EASTERN UGANDA.

OPENING OF

- AKOLA PROJECT VO

This October, the Eastern Ugandan community celebrated the op will house vocational training and education programs for 200+ w center for worship services on Sunday and community events.


F THE SECOND

OCATIONAL CENTER -

pening of the second Akola Project Vocational Center. This center women in Akola Project. The community will also be able to use the


VOCATIONAL SKILLS TRAINING:

LOOM WEAVING SEWING RAFFIA BONING BRAIDING PAPER BEAD ROLLING JEWELRY ASSEMBLING



EMPLOYMENT

AKOLA PROJECT EMPLOYEED 200+ WOMEN IN NORTHERN & EASTE THEIR FAMILIES’ BASIC NEEDS INCLUDING SCHOOL FEES AND MED


ERN UGANDA, EMPOWERING THEM TO AFFORD DICAL COSTS.


SAVINGS & LOANS ASSOCIATIONS

AKOLA PROJECT REQUIRES EACH WOMAN IN THE PROGRAM TO SE 8%-30% OF THEIR INCOME IN THE VILLAGE SAVINGS & LOANS ASS TO PLAN FOR THEIR FAMILIES’ FUTURES.

39 WOMEN STARTED THEIR OWN BUSINESSES WITH THEIR AKOLA PROJE 13 LIVESTOCK BUSINESSES 10 PRODUCE BUSINESSES 5 FISHING BUSINESSES 4 CULLINARY BUSINESSES 3 SECOND-HAND CLOTHING BUSINESSES

1 CHARCOAL BU

1 TAILORING BU

1 BEDSHEET SE

1 BRICK-MAKING


ET ASIDE SOCIATIONS

ECT INCOMES:

USINESSES

USINESSES

ELLING BUSINESSES

G BUSINESSES


EDUCATION PROGRAMS

AKOLA PROJECT WHOLISTICALLY CARES FOR AND INVESTS IN COMM DEVELOPMENT THROUGH EDUCATION PROGRAMS ON VARIOUS TOP


MUNITY PICS.


DEVELOPMENT EDUCATION PROGRAM

CLEAN WATER ENGLISH LANGUAGE AIDS/HIV PREVENTION SANITATION MALARIA PREVENTION FAMILY BUDGETING FARMING


MS:


LEADERSHIP DEVELOPMENT

TRUE SUCCESS HAPPENS WHEN WOMEN IN THE PROJECT START T OWN BUSINESSES AND BECOME AKOLA LEADERS. MEET HELLEN, A 2013 AKOLA SUCCESS STORY: Yangi Hellen is 50 years old and is from Koboko, a village in Northern Uganda. She moved to Southern Uganda to escape government run internally displaced camps after 20 years of civil war claimed the lives of her family members and decimated her community. Hellen joined the Akola Project in 2010 to generate income to uplift the lives of her family members and other dependents. Over the last four years, Hellen has worked to make beautiful jewelry designed and sold by Akola Project. During this time she received vocational training and generated revenue from her work, allowing her to provide for her seven children and send them all to school. Akola Project placed Hellen and her friends in a village savings and loans association. Through this group, Hellen saved enough money to start a poultry and fishing business! Hellen says that working with Akola Project “is good for me because I can leave struggles at home and enjoy my work. It makes me feel free.” She hopes to continue to earn money to make her livestock business sustainable. Through Akola Project, Hellen has learned about hygiene, family budgeting, childcare and grown in her faith.

In 2013, Hellen was promoted to Akola Supervisor and now trains and facilitates Akola’s newest women’s group in the Nabukosi village. Hellen feels very proud that through her work with Akola Project, she is able to pay school fees and is able to carry the burdens of her growing family. She is excited to become one of the first trainers for the new Eastern


THEIR


FINANCIALS REVIEW: 2011 - 2013 INCOME STATEMENTS 2013 REVENUES 2013 EXPENSES



INCOME S

2011 INCOME Product Sales $146,015.98 Donations $4,086,635.61

EXPENSES Development Projects $102,356.25 Beneficiary Wages/Production $87,563.47 Product Distribution USA $58,636.81 Admin $46,213.74


STATEMENTS

2012

2013

$272,012.15 $387,75524 $409,812.39 $363,901.88

$287,232.07 $268,300.69 $209,757.03 $263,076.56 $98,861.48 $109,592.24 $93,060.84 $91,751.79


52%

DONATIONS

SALES

INCOME

48%

AKOLA PROJECT REBRANDED AS A SOCIAL BUSINESS IN 2013, AND FOR THE FIRST TIME, SALES OUTWEIGHED DONATIONS.


37%

36%

15%

ADMIN

PRODUCT DISTRIBUTION USA

BENEFICIARY WAGES/ PRODUCTION

DEVELOPMENT PROJECTS

EXPENSES

13%

TOTAL PROJECT EXPENSE ACCOUNTS FOR 88% OF AKOLA PROJECT EXPENDITURES IN 2013.


THANK


K YOU!


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