Entrepreneurs
The Cora Yvonne Carey Institute
Overview by Jonathan C. Carey
My late mother, Cora Carey excelled in business in a time when many women never had the opportunity to follow their dreams, and my dad was her greatest supporter.
In 2020, while visiting my mom, she presented me with a copy of the book Banker to the Poor, and it stirred a vision within. I think that was her goal.
Banker to the Poor
Banker to the Poor by Muhammad Yunus is the story of the Grameen Bank program, founded in Bangladesh by Yunus to help the poor. In 1983, the credit program was formed to provide small loans to the poor. Yunus has a dream of helping the poor to help themselves. He feels that if they receive a little financial help in the form of a loan and are taught some basic principles of financial management, they will act responsibly and do the rest themselves. He begins to formulate this philosophy in 1976 when he comes upon forty-two women in a small village that makes chairs. They needed money to buy the raw supplies so he loaned them $27 of his own money. They put his money to good use and developed a thriving business. On the basis of this experience, he begins to develop his theories and program to help eradicate poverty in the third world.
Our Program
The Cora Yvonne Carey Institute in Partnership with The Full Circle provides Bahamian Entrepreneurs with the education, support, and resources they need to build successful businesses and create thriving communities.
Entrepreneur Development Box (EDB) is our cornerstone program, providing comprehensive business education to aspiring and existing entrepreneurs.
The EDB Course includes:
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In-person classes available in multiple languages
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Biblical perspective on business
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Keys to successful entrepreneurship
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Activities for researching ideas and building a sales plan
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Skills to access the sustainability of a business
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Tools to launch or grow a business
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Development of a business plan and budget
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Ongoing support through monthly Business Club meetings