At a Glance
Location: Bucharest, Romania
Impact Area: Sustainable Income
Small artisans and local producers, Rural
Joined NESsT Portfolio:
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.
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.
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.