Empretec Women in Business Award 2012 publication - Unctad XI
Empretec Women in Business Award 2012 publication - Unctad XI
Empretec Women in Business Award 2012 publication - Unctad XI
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10 FINALISTS <strong>2012</strong>10AURORA separates, collects, prepares and sells to recycl<strong>in</strong>g firms – several ofthem overseas – solid <strong>in</strong>organic waste from 20 Salvadoran companies and<strong>in</strong>stitutions. This material “would otherwise be garbage”, Maria Carlota reports, and<strong>in</strong> fact “the idea to start AURORA came from realiz<strong>in</strong>g the enormous amount ofgarbage piled up <strong>in</strong> the streets of El Salvador. When it ra<strong>in</strong>ed, the sewers wouldbe blocked with this waste. The street sewers were contam<strong>in</strong>ated; the birds builttheir nests us<strong>in</strong>g plastic or glass fibre; plastic bags hung from the trees. We knowthat this waste, if prepared adequately, has market value. The comb<strong>in</strong>ed action ofde-contam<strong>in</strong>at<strong>in</strong>g critical areas and recycl<strong>in</strong>g their components seemed to havethe potential for a bus<strong>in</strong>ess, not only a profitable one but also a valuable one for the country.” The firm began with capitalof $15. “This capital did not even allow us to have an office.” But then AURORA received a two-year bus<strong>in</strong>ess <strong>in</strong>cubatorgrant from FUNDEMAS (Fundacion Empresarial para la Accion Social, the host of the <strong>Empretec</strong> Centre) and began to f<strong>in</strong>dclients. It obta<strong>in</strong>ed a permit from the M<strong>in</strong>istry of the Environment allow<strong>in</strong>g it to dispose of waste – and also authoriz<strong>in</strong>g it togive tra<strong>in</strong><strong>in</strong>g sessions on environmental responsibility to Salvadoran companies. It now provides clients and suppliers withformally written statements backed by the M<strong>in</strong>istry for the Environment stat<strong>in</strong>g the amount that each <strong>in</strong>stitution recycles ona monthly basis and certify<strong>in</strong>g its clients as “green” enterprises.It collects and disposes of different types of plastic, paper, carton, electronic equipment, computer equipment, corrosiveand non-corrosive materials, batteries and oil. It was strongly affected by the 2009 recession but expected to be profitableby the end of 2011 and to attract additional <strong>in</strong>vestment capital. It began with 2 permanent employees and as of 2011had 6 permanent and 10 seasonal or temporary workers. Among the challenges faced by the firm has been a 2008Salvadoran law prohibit<strong>in</strong>g the export of corrosive metals and sett<strong>in</strong>g up a monopoly arrangement that excluded AURORAfrom a potentially lucrative export market. “We quickly had to adapt and dedicate ourselves to export<strong>in</strong>g other types ofwaste and search for other markets <strong>in</strong> Central America. We now have negotiated with Guatemala and Honduras which willallow us to send several conta<strong>in</strong>ers of material to the Asian cont<strong>in</strong>ent.”AURORA now has 13 buyers for the waste it collects – 10 domestic, and 3 <strong>in</strong>ternational. Growth prospects appearstrong: “The tendencies of the sector are towards demand and better prices <strong>in</strong>ternationally, high prices for virg<strong>in</strong> <strong>in</strong>puts,fiscal benefits, and demand that is bigger than supply.” Maria Carlota attended a March 2010 <strong>Empretec</strong> workshop ondevelop<strong>in</strong>g entrepreneurial capacity and says, “My entrepreneurial life has two phases: before <strong>Empretec</strong> and after. Before, Iwasted numerous opportunities I had <strong>in</strong> front of me and didn’t recognize.” She says that through work<strong>in</strong>g more effectivelywith support networks and through tak<strong>in</strong>g advantage of strategic networks, “In the eyes of our clients and buyers, we havebecome a trustworthy source of waste disposal, with personalized service, professional attention, compliance with ourdelivery dates, regular pickups, qualified personnel, and guaranteed adequate clear<strong>in</strong>g and transport.” Goals for the firm<strong>in</strong>clude expand<strong>in</strong>g to 23 permanent employees, obta<strong>in</strong><strong>in</strong>g its own fleet of trucks, and extend<strong>in</strong>g waste collection to <strong>in</strong>cludehomes as well as Salvadoran bus<strong>in</strong>esses. AURORA also hopes to open a reprocess<strong>in</strong>g plant for used tires and eventuallyto operate throughout Central America.AURORAColoniaEscalon Norte, CalleBeethoven No. 53San Salvador,El Salvadorwww.fundacionaurora.blogspot.com