The mission of the Support Fund for Business Creation by Young People (FACEJ) is to help young people in Mali who have completed technical, vocational or higher education courses to launch their own businesses. The fund also supports young entrepreneurs already in business with strong growth potential.
One of FACEJ’s key objectives is to support at least 40% of young women entrepreneurs in creating or developing their own businesses.
The fund is implemented by the PLAN-BØRNE fonden consortium and Swisscontact.
“With support from FACEJ, I bought the first machines we needed to process fruit. Without this investment, our project would not be at this stage today. Consumers are starting to show interest in made in Mali products. We are three workers and we produce enough cashew apple juice to supply our customers. I’m not trying to boast about our juice, but compared to other companies‘ juices, it’s the best, there is no doubt about it…” Gabdo Gindo, Promoter and director of Nimaba Agro-Business in Sikasso.
Results
To date, over 1,900 businesses received support from FACEJ in the Sikasso, Bamako, Timbuktu, Segou, Mopti and Kita regions.
Mali
Fields of action
