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Impact & Business Outcomes

Once a year we survey MicroMentor entrepreneurs to see how their businesses have thrived with the help of one-on-one business mentoring. In spite of 2009's economic downturn, it was a successful year for many MicroMentor entrepreneurs. The following data is a snapshot of what we found.

  • Entrepreneurs saw an increase in revenue of $15,390 – representing a 75% increase in their income.
  • 87% of existing businesses were still in operation a year after working with their mentors.
  • Over 50% of businesses that were in the pre-launch stage upon joining MicroMentor were able to open their businesses, while another 38% were still in the planning process.
  • On average, entrepreneurs worked with their mentors for an estimated 16 hours.
  • 43% of interviewed mentees were still in contact with their mentors over one year after the match was made.

 

2009 Business Outcomes Survey Results

To download the entire results of MicroMentor's 2009 Business Outcomes Survey, click here.

 

Get Started

Find a Mentor. Be a Mentor. Build a Business. Join Now.

For more information, check out How It Works or contact us at info@micromentor.org.

MicroMentor is an initiative of Mercy Corps. Mercy Corps is a non-profit, humanitarian agency that implements community-led and market-driven programs in over 35 developing countries. Learn more at www.MercyCorps.org.

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