At a Glance

Location: Bucharest, Romania

Impact Area: Sustainable Income

People Supported:
Small artisans and local producers, Rural

Joined NESsT Portfolio:
2013

www.villagelife.ro

 

Overview

Romanian villages are a rare sight in Europe and beyond. Many are models for true environmental sustainability. However, there is little economic incentive to maintain village traditions, homes and way of life. Small-scale household farming is under pressure from industrial farms. Village Life promotes sustainable rural development by connecting urban travelers with old world village life in the heart of rural Romania.

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NESsT Investment

Village Life joined the NESsT portfolio in 2013. Since then, NESsT has invested financial capital, as well as tailored business development support in the business.

FINANCIAL SUPPORT

  • US$22,190.90 invested to date. 

BUSINESS DEVELOPMENT SUPPORT

  • Helped Village Life with its business planning and implementation, time management, and HR planning.
  • Guided the enterprise to create and implement a sales strategy and communication strategy, to research and implement an online payment system, and to conduct customer satisfaction monitoring and impact measurement and monitoring.
We started working with NESsT just a few months after establishing our social enterprise. The entire process from application to funding had a major role in the development of Village Life. In addition to financial support, all the training sessions, business plan development, assistance and constant feedback and access to a network of professionals in relevant fields were essential for us. We have enjoyed the flexibility of the NESsT team, so necessary for a pioneering social enterprise like Village Life.
— Alexandra Vasiliu, Founder, Village Life

Results & Impact 

17%

growth in annual family income for host families

 

22

host families gained experience in sustainable turism

30

villages trained on development through sustainable tourism