Module 8 – Diversify your business model

Welcome to module 8 of this training program. After discovering the basics of the entrepreneurial approach, this chapter aims to clarify the importance of diversifying your financing, by introducing income-generating revenues to gain greater independence and secure long-term financing.

Learning objectives :

• To understand the benefits of hybridizing/diversifying your business model
• To define/revise your business plan for greater sustainability and/or impact (learn about the feminist business model)
• To draw up an up-to-date SWOT
• To identify other sources of financing/revenue
• To learn how to implement and evaluate diversification

About Chloé Jacquin, trainer :

Chloé Jacquin is passionate about financial well-being encompassing financial education, financial inclusion, entrepreneurship, and EdTech with a focus on women. She has worked in this field for over 12 years in Africa and the Middle East. In 2019, she starts Fiinafas with the support of other experts having massive experience in Africa and the MENA as well. In 2023, Fiinafas is taking a fresh start with the specific mission to unlock the potential of vulnerable youth and women to reach their financial well-being.

Fiinafas proposes a financial well-being coaching solution (hybrid solution: tech and interaction-based), as well as develops impactful and innovative financial well-being content and approaches and enables access to reliable, independent and at large-scale financial well-being data.

 In 2021, she joins Empow’Her as the Africa Regional Manager to support the growth and structuring of the network in Western Africa to develop impactful projects to support women entrepreneurship across the region. Before, she worked at PPI whose mission is to fight global poverty by developing economic, social and environmental inclusion in a sustainable and equitable way. She has supported more than 200 organisations in more than 15 countries for over 5000 beneficiaries from diverse backgrounds and has worked with a wide range of stakeholders including public and private entities such as the EU, IFC, AFD, UNICEF, Symrise of the Occitane Foundation.