farip seeks and explores ideas from proactive people in rural Tanzania on how they could supplement their income. We support motivated entrepreneurs to further explore and test their business ideas, and we link them to useful sources of information and competence-building.
Once they have the confidence and courage to get something going themselves, farip gives them small loans. They can then prove that their idea works in an experimental phase. The next step is crafting business plans with these small rural start-up companies, based on their real-world experience and actual parameters. Our goal is to help transform those start-ups into attractive investments. Once such start-ups can receive loans on normal terms, farip can withdraw its support.
How does scouting work? What is the pathway from idea to experimentation? How can an interesting idea from rural Africa be transformed into a successful small business? It takes scouting! This is what farip specialises in: “scouting”. We pick up ideas brought to us by proactive people in rural Tanzania. farip then digs deeper and challenges these ideas, asking questions like: Who are the innovative potential entrepreneurs and their team members who want to bring this innovation to life? How do they organise themselves? Which technical tests can show whether the business idea is feasible? And where is the market for the products?
farip’s ventures are concentrated in the southern highlands around Makambako and Magunguli, as well as along the cargo service’s route to Dar es-Salaam, in Msowero and Morogoro. farip also supports ventures in Dar es-Salaam.