The Women Empowerment Co-Creation Hub
Explain your idea in details:
The main objective is set up incubation centers capable of commercially manufacturing at least 2000 ready to wear clothing items monthly for retail outlets, fashion houses, brands and designers by engaging women (single mothers, widows or wives in extremely poor households) skilled in tailoring but not earning enough revenue to cater to their family's needs. Provide orientation to the selected women on ready to wear garment production utilizing standard U.K./E.U. sizes and partnering with a training institute to provide both the patterns and training on the production process and utilization of specific machines. Provide business and financial management training/support and setting up saving schemes to help them become better entrepreneurs and able to manage their business to become highly profitable upon graduation to their own facilities. Train the women on the benefit of crowd-funding and collaborative approach to running a business to save cost and enable them become future employers of Labour by replicating the model obtainable at the incubation center. Increase the monthly income of the selected Womenpreneurs from $50-100 a month to a minimum of $500 monthly (500-1000%) by the center generating a minimum monthly order of 2000 garments at an average production fee of $5 per garment. After deducting the 30-40% operational cost (depending on location) the balance $6000-7000 would be shared amongst the 10 women based on the ratio of work done monthly while at the center. The incubation centers would be the promoter of the manufacturing services, all additional volumes in excess of the capacity of the incubation centers would be directed to the women upon graduation from the center and establishment of their facilities; upon set up each woman has a potential to earn at least $1500 monthly by replicating the model and earning the monthly 30-40% operational cost.
Expected impact of your idea on sustainable development
To end poverty by creating financial access/inclusion, empowering and engaging these women as entrepreneurs who would become future employers of labour. Increasing their revenue base and ensuring they have enough funds to cater to their basic family needs (food, education and shelter for their children); by creating market access for their finished goods and/or ready to wear garment production services for local and international designers, retail outlets and brands. Economic empowerment by training these women on business and financial management. Monitoring them and providing market access upon graduation to ensure that the businesses are not just thriving but with high growth and profitability index. Our target is to engage and train a minimum of 10 women per center bi-annually to be set-up in at least 5 Local Government Areas within 5 years and ensure that these women would develop another set of womenpreneurs within 2 years, specializing in ready to wear garment production for local and international markets. Total estimated impact within 2 years of setting up at least 2 centers and graduating them to their facilities would be 200 to 500 grassroots women. Assessing the number of women being empowered both at the center and by the Womenpreneurs graduated from the centers as well as the volume of orders being generated across all the centers and facilities of the women that have passed through the center would be a good measure of success . We expect that we should be able to produce a minimum of 50,000-100,000 garments monthly in all the incubation centers and womenpreneurs' facilities within 2 years of commencement both for local and international markets.
Plans for implementation and sustainability
Model: Set up incubation centres capable of manufacturing a minimum of 2000 garments monthly that would be used to train (within 2-4 weeks), engage and empower at least 10 women (already skilled in tailoring) bi-annually on ready to wear garment production as well as providing them with business development and financial management training/support to enable them become successful entrepreneurs upon graduation from the centre whilst using a crowd funding model to manage the day to day operations of the centre and generating monthly income for the women that exceedingly surpasses their current revenue/income. After 6 months, the women would be graduated to their own facilities using the same crowd-funding model of operations obtainable at the incubation centre to engage/empower a minimum of 3-10 other women. The incubation centre would provide market access for the goods and services produced/rendered at the incubation centre and for the women upon graduation to their own facilities. Source of Funds to Set-up the Incubation Centres: Personal funds, fundraising, donations (cash and in kind), loans, grants, Angel investors Sustainability plan: Each centre would have the capacity to commercially manufacture a minimum of 2000 garments monthly at an average production cost of $5/garment. Use a crowd funding finance model to cover the operational cost of running the centre as well as guarantee return on investments and profits. By deducting 30-40% from the amount charged to produce each garment to cover operational cost and profit. The balance 60-70% would be paid into the account of the women directly according to the ratio of work done in the production of each garment. Break-even is estimated to be achieved within 12 months of manufacturing the targeted minimum monthly volume. Partners/Collaborations: Fashion designers, Retail Outlets, Fashion Brands, Fashion Training Institutes, Business Development Service Providers, Financial Institutions
Date of Birth: 15/02/1982 I started my entrepreneurial journey making clothes for my friends while I was in the university however my greatest limitation for expansion was sourcing and engaging committed and very good tailors. Thus forcing me to go back to the drawing board, so I delved into interior design and project management. I never gave up on my passion for designing outfits which at the time of my peak had brought me fame and fortune but limited room for expansion and growth. I looked around me and observed that there are so many tailors out there that are not making money on one hand while on the other hand there are so many designers that are making money but experiencing the same challenges I faced recruiting tailors/expansion. Eventually, it occurred to me that rather than engage these tailors as staffs it would be better to engage them as entrepreneurs thereby giving them the independent status they crave whilst still providing them with market access and business development support services that they lack to grow their business and also creating a model of operation that is easy to replicate and highly scalable (win-win situation). I love challenges and creating projects that have high social impact and it has always been my dream to be one of the instruments that would raise women out of poverty and give them the support they need to become successful entrepreneurs. I am a quick and dynamic problem solver, I like to proffer solutions to challenges by thinking outside the box. I always give my best to any task before me and i take my responsibilities very seriously. I am a goal getter and hardly take no for an answer, I'll keep trying till I get it right. I'm a great listener and a fast learner