Tuesday, July 19, 2011

Indego Africa Publishes its 2010 Annual Report

Indego Africa is pleased to today provide Social Enterprising’s loyal readership with a 2010 Annual Report.

The end of any given year may seem to some like an arbitrary cut-off point for an organizational portrait. And it may be. But we feel strongly that, as an organization, not taking advantage of such customary temporal delimitations to ask yourself the important questions would be missed opportunity. So what did we at Indego Africa accomplish in 2010? In one word, growth.

And what do we mean by growth? Check out some key highlights from 2010:
  • Developmental Growth: Significant strides across critical social metrics such as earned income, food security, access to running water, and quality of life for our artisan partners (see our Social Impact Report)
  • Market Growth: Promising new retail partnerships with Anthropologie, Nicole Miller, ShopBop, Steven Alan, and Polo Ralph Lauren
  • Personal Growth: Emelienne Nyiramana, founder and treasurer at partner cooperative Cocoki, participated in Goldman Sachs 10,000 Women Entrepreneurship Program (more information HERE and HERE)
  • Financial Growth: 211% increase in revenues from the prior year, including a 265% increase in product sales revenue and an 183% increase in donations income
For a full version of the 2010 Annual Report, click HERE.

With this 2010 Annual Report, we invite you to commemorate a banner year with us. So read away and dig into the rich panoply of images, memories, and results from 2010. I think you will come away with a lasting impression of Indego Africa as an organization and a development community on the rise.

Rosemarie Rossetti has said “adversity precedes growth.” I would only add that I think we will soon find out for ourselves that strategic and measured growth itself precedes further growth. In fact, we at Indego Africa are already looking forward to sharing what is shaping up to be a memorable 2011 with you.

-Conor French and Rachel Tennenbaum

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