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|INDICATOR 4: # of sustainable enterprises supported contributing to FNS&CR outcomes|
| Why this indicator? What will it measure and provide information for?
Ending poverty cannot be achieved without a local development environment which ensures stable, competitive, and improved production; increased service provision; and equal market access opportunities for men, women, and youth. Markets must work with and for the poorest to ensure productive and profitable livelihoods that can alleviate poverty. This is to encourage the use of a market based mechanism to sustain our work in development.
| What Sustainable Development Goal is the indicator connected to?
* SDG Goal 1
* SDG Goal 8
| Definitions and key terms
Sustainable: Definition depends on what stage the business is in. For a mature business, sustainability includes financial viability (ratio profit/operating costs) and sustained profitability (trend of profit and growth). For a start-up, growth rate, equity, ratio investment/profit, business plan/strategy in place, ratio profit/operating costs may be considered instead. Relevant skills of entrepreneur and her/his perception about future viability and vision for growth business development are also useful indicators.
Enterprise: CARE supports a variety of enterprises, but primarily micro enterprises or subsistence enterprise - starting with one entrepreneur doing something in addition to household chores or other work. Such enterprises can be considered as a starting point, larger ones should also be included.
| Data and information required to calculate the indicator
Survey data collected by CARE or CARE partners annually, broken down by sex
| Suggested method for data collection
Survey among supported entrepreneurs annually
| Possible data sources
Survey data and statistical data from community, municipal and national level
Supported entrepreneurs survey databases, broken down by sex
| Resources needed for data collection
The quantitative and qualitative data collection, storage and analysis should be conducted by CARE and partners. Partners may include research / university partners. Data collection needs to be included in the monitoring and evaluation plan and budgeted for.
| Reporting results for this indicator: number of people for which the change happened
* Reporting Purpose: þBaseline þProgress þ Evaluation
* Number of new effective enterprises created or effective enterprises supported(micro/small/medium enterprises diversified)
* Number of new sustainable enterprises created [contributing to FNS&CR outcomes]
* Number of sustainable enterprises supported [contributing to FNS&CR outcomes]
sustainable start up annual growth rate, equity, ratio investment/profit, business plan/strategy in place, ratio profit/operating costs
Sustainable scale up business monthly trend in customers (churn rate), financial viability (ratio profit/operating costs)sustained profitability (trend of profit and growth), growth rate [expected to rise sharply]; evidence of testing and revision approach or product
sustainable business financial viability and sustained profitability, growth rate [expected to saturate]; evidence of testing and revision approach or product]
* Female entrepreneurs have relevant skills to run profitable businesses. || || Questions for guiding the analysis and interpretation of data (explaining the how and why the change happened, and how CARE contributed to the change)**
* Do you run a micro-enterprise?
* Is your micro-enterprise growing annually and profitable?
* Do you have a business plan/strategy for your enterprise?
* Is your customer base growing annually?