Micro-venture Capital Fund

 WHAT IS A MICRO-VENTURE CAPITAL FUND?

1. HVPV children group together to start a small business and we provide capital, training and supervision and take a 49% equity in the venture

2. Children if over 21 years old will register as a local company with OHF representative owning 49% share of the local company

3. After we have seen that the children are able to manage the business and are self supporting, they will buy out OHF shares.

4. Fund will pay for company registration, assets like land, equipment and materials, an expatriate or local adult staff could be employed to provide management in the beginnings as the children are still of a young age. Like a Mentor to guide and counsel them. Mentor will be paid. Mentor could manage several projects.

5. We may pay for external expertise e.g. expatriate to stay a few months to kick start project

6. Typical  projects: chicken egg farm, making soap in another province, food stall or small restaurant, computer installation or repair, video and photography services, flower arrangement service, electrical and plumbing services for condominiums and expatriate houses in Phnom Penh, tour agencies, beauty and personal grooming services, food processing, jewelry-making, embroidery, sewing, crochet etc...

7. Donors will not get a return as it is a donation and not an investment

8. We prefer donors who can be hands-on and have experience in the venture and can act as mentor.

9. Donors to help in marketing if we are making products

10. Open to individuals, companies, bible study groups and churches.

11. Can be one or more individual

12. Cost could be from US$1,000 to US$250,000 depending on the project

"When you discover your mission, you will feel its demand. It will fill you with enthusiasm and a burning desire to get to work on it." - W. Clement Stone