Usually investing in a franchise is all about (well, at least partly about) enriching yourself. But several well-respected franchise veterans have created an opportunity where a franchise investment (as little as $500) can enrich the lives of hundreds of thousands of people. CFWclinics are being formed and franchised to provide high-quality medicine and health-care services to the poor people in Sub-Saharan Africa (Kenya and Rwanda). Currently 85 Clinics serve over a half million people a year.
Each CFWclinic is owned by a local franchisee who is an experienced nurse. The franchise operates like most American franchises. The local franchisees are trained in the CFW system and receive local field support, as well as extensive manuals and support materials. Since the patients are among the poorest people in the world, the franchisees often do not receive payment for their services.
The cost to open a Clinic is $6,000. The franchisees pay a franchise fee of $500 (often their entire life savings). The rest is either financed through low-interest loans or grants. CFW’s parent company, The HealthStore Foundation (a 501(c)(3) not-for-profit corporation) is soliciting donations to help establish a small business loan pool which will help pay for site development, equipment, furniture, fixtures, inventory, training and the franchisees’ living and travel expenses during their training. A new CFWclinic will be opened for every $5,000 donated.
The company’s goal is to open 400 clinics across the region. If you want to learn more about CFWclinics you can watch the PBS Emmy-winning broadcast here: http://www.pbs.org/now/shows/321/video.html.
You can learn more about CFWclinics by going to their Web site. All donations are tax deductible.