From shopkeepers to entrepreneurs, boosting small businesses
At the Bavaria Foundation we're always looking for new ways to promote entrepreneurship. This year, we have been tackling one of the main barriers to starting a small business – the lack of access to credit. We've worked with local banks to provide micro-finance for shopkeepers so they can strengthen their businesses, increase their revenues and improve their quality of life. In the last two years, more than 4,000 shopkeepers have benefited from US$6 million made available in micro-credit financing.
Our priorities: Communities
A rigorous analysis of water risk
Through the Water Futures partnership SABMiller works with NGOs such as WWF and The Nature Conservancy in eight markets including Peru, South Africa, the US and India to protect the watersheds on which our business depends. But this can only be done if we recognise that the local community and ecology also depend on the watershed and seek to meet their needs at the same time.
Our priorities: Water
Supporting the development of our smaller suppliers
At Industrias La Constancia, we are working hard to encourage enterprise development across our value chain, from our suppliers to our retailers.
This year, we partnered with the UNDP and the Inter-American Development Bank to help ten small suppliers participate in a Suppliers Development Programme which aims to help small and medium-sized suppliers to improve their businesses. One of our suppliers which participated was SERVIMETAL which is a small business which supplies us with metal racks used for the transportation of our products.