12.07.2015 Views

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

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!