Bindaas Social Ventures (BSV)
Bindaas Social Ventures (BSV) is a charitable organization working to create
change in the global understanding and eradication of poverty.
- BSV aims to accomplish this by providing relief to the poor, distressed or underprivileged populations of urban slum populations through its efforts to stimulate local economic development via direct job creation.
- BSV will create a sustainable model of job readiness and employment opportunities by implementing a digital work facility that will support ICT jobs from international contracts for services provided.
- Bindaas Social Ventures will empower marginalized community residents through employment opportunities and equip them with necessary skills and social service benefits to enable successful matriculation into long term private sector employment
Our methods will provide the stepping stones up the pyramid and opportunities for others to follow. BSV will accomplish this through the creation of small community based business process outsourcing centers and by participating locally in the growing field of Impact Sourcing. Impact Sourcing (IS), employing people in Business Process Outsourcing (BPO) centers, has the potential to become a $20B industry by 2015 as part of an overall business process outsourcing industry worth over $300B. Bindaas Social Ventures wants to ensure that, globally, at risk and marginalized populations are not left out.
BSV is starting in Nairobi to participate in discovering a solution to alleviate poverty and address the needs of an estimated 4 million urban poor. Employees of KCC may increase their incomes by 80%-100% compared to alternate forms of available employment. Moreover, the expectation is that these employees eventually graduate to private sector jobs with an additional 80%-100% increase in pay.
By utilizing a foundation building approach, each person touched by the program will grow into a sunflower, representing the organization and program and in turn instill hope and inspire motivation to others in the community. We call this the Sunflower Halo Affect.