International Entrepreneurship Essay Example | Topics and Well Written Essays - 4000 words

International Entrepreneurship - Essay Example The investment fund is in a continuous recruitment process, especially in Africa. 1.3 Industry Sector the industry served by the company is financial services. The investment fund is involved in financing and advising of the smaller and less privileged business in the rural parts of Latin America and Africa (Root Capital, 2013c). The objective of the investment fund in to increase rural prosperity and decrease environmental vulnerability within small and medium businesses (Root Capital, 2013b). Offerings The company is involved in increasing its environmental and social impact with the help of three step strategy. These include financing, advising and catalyzing Financing- this involves providing leans to the small and medium business in rural and poor sections of various countries. Presently Root Capital operated in Africa and Latin America. The company is involved in both long term and short term financing of loans. Through lending, a support system is provided to the rural ecosyst em. Advising- the investment fund is involved in providing financial training to prospective clients as well as current clients. The objective of providing management training in finance is to make these clients capable of establishing and maintaining business. The service products in financial advisory include information seminars, diagnostic workshops, and financial training and preparation services for loan application Catalyze- root capital aims to create a financial market in which the underprivileged and vulnerable classes of business are provided with full potential and expertise so they are able to thrive in this competitive market and make a mark for themselves. The catalyze strategy for Root Capital is to innovate and accelerate. 1.4 Main market (Domestic/ International) Root capital is majorly involved in international market. Majority of its operational revenue come from Latin America and Africa. The target clients of Root Capital are small and medium businesses in rural areas. During the early days, majority of the clients were from agricultural background. Later on, the company started providing loans to coffee products and small trading companies. 1.5 B2B/B2C Root Capital falls in business to business category where small and medium businesses from rural parts of Latin America and Africa are its customers. Demographic Profile of the entrepreneur REF DESCRIPTION RESPONSE 2.1 Age, Gender, education, marital status etc. William Fulbright Foote popularly known as Willy Foote is the founder and current Chief Executive Officer of Root Capital. Willy is 43 years old and married to Virginia Foote. His present home address is Greater Boston. Willy completed his bachelors from Yale University in the year 1990. He then went on to pursue his masters in development economics from the London School of Economics 2.2 Prior Work Experience He stated his carrier working with Latin American Corporate Finance (LACF) as a financial analyst. After leaving Wall Street , Willy started working as a business journalist in Mexico. This was the time when he was confronted with the challenges of the small and medium businesses of the rural areas and the disadvantages they were facing. 2.3 Personal interest, special training Willy Foote completed his specialist training at the Aspen Institute in the year 2012. He attended the Henry Crown Fellowship Class. Apart from work, he likes to spend his time with family.