GENERATING EMPLOYMENT
ALTERNATIVES FOR
SELF- RELIANCE
INTRODUCTION
Operational since 2010
Core Purpose - helping the deprived section of the
society to stand on its own feet through Self
Employment.
Organization in ‘Social Business’ based on funds from
those who can AFFORD to those who are in NEED
VISION & MISSION
Vision:
Social and economic prosperity through establishing
a culture of self-employment, dignity, and honor.
Mission:
GEAR is determined to create an innovative model
of ‘social business’ for the financially challenged of
the society by creating a sustainable financial
resource coupled with a support system resulting in
a continuous flow of economic activity.
OBJECTIVES OF GEAR
Identify poor section - Identify Financially Challenged people in
the society (GEAR Partners) by referrals through friends and
family circles.
Develop an unique Self Employment Model matching the
expertise and interest of GEAR PARTNER
Fund the Self Employment Model of the selected partner and also
help them in executing the same
Monitor the results and Operational Mechanism of the Model on a
continuous basis in order to ensure that the model is generating
acceptable revenue. Troubleshoot wherever needed.
OBJECTIVES OF GEAR
Collecting GEAR partners’ contribution of profit to GEAR pool of funds (to the extent of initial amount funded only; no interest/profit is charged) in order to create the next round of Self-Employment for new partners, hence, the ‘Sadaqa-e-Jariah’ keeps on moving with every one benefitting in both the worlds InshaAllah.
Make sure that GEAR-partners’ are earning a Halal living are morally conscious enough to spend their earnings on Jaiz (legitimate) personal and family needs and abstain from spending the money on drugs, alcohol, gambling etc.
Provide support to GEAR-partners’ in case of a contingency like medical emergencies in family or accidental destruction of business setup etc.
OUR OPERATIONAL PHILOSOPHY
Funds:
Funding of operational model
of social business is done
through local and international
donors. It basically started
from friends circle locally. This is
a revolving fund which creates
a multiplier effect. Nevertheless
we treat this as a short-term
measure for the start-up cycle.
FUNDS
Local Donors
Int. Donors
Friends
Family
OUR OPERATIONAL PHILOSOPHY
Operational Expenses:
Keeping our operational costs as minimum as possible, meetings are held at members’ homes, not at expensive venues.
Volunteering :
All of our Operational team members work without charging any salary and perform GEAR work including identification of candidates, visiting their places for evaluation, designing and helping out in execution of the social business model etc. and consider expenses incurred from their own resources as their contribution to GEAR pool of sadqa-e- jariah.
OUR OPERATIONAL PHILOSOPHY
Sustainability:
Long run - More Sustainable Self Revenue Generating Model
to bear its own expenses and fund the self employment
rather than depending fully on donations etc.
GEAR branded Self Employment Model e.g; GEAR Kiosk,
GEAR Vegetable and Fruit Cart etc., which will be provided
to GEAR partners to execute.
Advertising and sales promotion tools for local and
multinational companies and the advertising revenue earned
will become resource of GEAR for funding business initiative
of our partners.
OUR OPERATIONAL PHILOSOPHY
Affordable Contributions
Short-term fund raising - through lifetime membership program by paying a lifetime fee of Rs. 500.
The contribution goes into the revolving fund for creating self-employment of GEAR partners.
The convenience based contribution model can raise big funds e.g., 50000 members contributing Rs. 500 each Rs. 25m creating 1000 self-employment and a multiplier effect of 10,000 families in 10 years.
OUR OPERATIONAL PHILOSOPHY
Focus on Women and Family:
Together with male partners, GEAR focuses on women and the
entire family to put them into self-employment in especially
designed areas.
In this connection, partnering with Industrial Homes and
Training Centers for skill development like sewing,
secretarial work, etc. is also taken up as project.
Training cost is also put into social investment and GEAR
partners are expected to contribute in the pool of financial
resources after earning and income generation activities
based on the skill developed.
OUR OPERATIONAL PHILOSOPHY
Strategic Partnership with Allied Services to improve the life
of GEAR partners:
GEAR goes into strategic partnership with other Social and
Educational Institutions to improve the life of its partners catering to
services as Health and Medical facilities, Skill Development for
Self-employment, Religious, Moral, and Spiritual insights
development and such other areas of vital importance.
GEAR provides monthly feedback to the
donor in terms of an overall operational
and financial report. It is also done for
specific GEAR partners who have been
funded by some donors. An operational
progress report together with financial
status is also provided to such donors.
Funds are not released to candidate in
cash but in terms of investments. The
Volunteer organizes the self-employment
activity with necessary tools, raw material
purchases, infrastructure investments, etc
How We Operate..
•Visit the candidates at their home and collect information.
•Family composition - number of family members being supported
•Present income
•School going children and their needs
•History of self-employment
•Potential trade in which they need support,
•Amount of fund needed
Identification of Potential Candidates
•Funding is strictly done for the sake of core purpose i.e. creating self-employment so as not to deviate from the core purpose of GEAR. GEAR also avoids funding of businesses which are non-Islamic and injurious to the society e.g. pan/beri/gutka shop etc.,
Core Team Meets on Weekly/
Fortnightly basis for interviewing
and final approval
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SELF EMPLOYMENT MODEL EXAMPLES
Vegetable carts
Fruit carts
Pop corn carts
Potato chips stalls
Domestic sewing
Tailor shop
Tyre Repairing shop
Motor Cycle mechanic shop
Fabric selling at various markets
Rickshaw
Retail Kiosks
Residential Small Retail shop
Vault making
Cap making
Street Food stalls
Flower Making
Leveraging parts from C grades Imported Jeans
Selling garments in family and friends circle
Car Cleaning Clothes/Fabric selling
Candle making/distribution
Donkey Cart for transporting materials
Artificial jewelry/ornaments for ladies
Components and Parts for Shoes
Our Work
FINANCIAL STATISTICS
Total Receipts Rs. 5,875,832
Total Disbursements Rs. 5,586,110
Total families helped 319
Total Active cases 126
Average Loan Size Rs. 17,511
Administrative expenses 5%
Recovery Ratio: 91.5%
Our Sponsors
Public Relations Sponsor
Website Design & IT support Sponsor
www.gear.org.pk
Contact us at: