T-O-I works with beneficiaries that have the skills and desire to start businesses and the smallest businesses at the bottom of the economic sector to help improve their capacity. This includes farming/agriculture, livestock, etc. from a holistic approach. This assistance can come in many forms, from mentorship and training to supplying livestock to help the business grow. This grassroots program is focused on 1-on-1 relationship building and assistance to the new business owners in the community.
In many cases, the needs of the business owner are simply guidance on how to best maximize their income, or minimize their expenses. In some cases, T-O-I will provide assets to the business in the form of livestock, grain, etc. to improve the capacity of the business. In return, these goods will be returned, in kind, to T-O-I in the future by the participant so that they may be used to help someone else.
T-O-I believes that starting businesses in communities is a vital part of creating jobs, and opportunities for the most at-risk people. By working hand in hand with qualified participants to train them and help them start businesses T-O-M empowers people with hope and dignity. Providing hope, opportunity, and assistance to participants is a catalyst to bringing prosperity and hope to the community.
Today, 1st of September 2015, more afghan people got an opportunity to improve their lives, because today T-O-M in Afghanistan has opened new branch. The new branch opened its doors and welcomed all afghan people who are interested in developing their businesses. T-O-M serves businesses and individual entrepreneurs by offering business investment services to help them develop their businesses.
Today governmental officials, district leaders and representatives of local and international NGOs came to the opening of the new branch. There were speeches given by the CEO of T-O-M and guests, such as the Executive Director of AMA, Najib Samim, wishing success to the new office.
The new microfinance product “musharaka” was also presented today during the opening. According to the Executive Director of AMA, T-O-M is a first company to offer the musharaka product to afghan businesses and the first company who will put it into practice. According to the practices of other countries, musharaka is the most suitable for the economy of developing countries such as Afghanistan. T-O-M’s musharaka product conditions and requirements are based according to the Sharia law. All T-O-M business development officers are trained on the new product and have already provided services to clients.
T-O-M, as a part of T-O-I, has social performance and social responsibly at the core of its mission. Subsequently, the T-O-M Social Performance Manager introduced guests to the Social Performance and Social Responsibility programs being implemented by T-O-M. Currently a Transition Home for orphan boys, Job placement services for widows and orphans, handicraft design business development, and disaster relief programs are being targeted in Kabul.
At the end of the event there were fresh pastries served and guests were given souvenirs to remember the event.
We are grateful to be able to help and serve more people in Afghanistan. We believe that everyone has a right to opportunities that improve their lives and each person can help someone to Improve his/her life.