Since the creation of the Fund, more than 450 talented young professionals and over 250 international companies have benefited from their association with the Prince Albert Fund. Find out how the Fund has contributed to their personal career development and international business expansion, as they share with us their experiences below.Be informed
Ruben Donceel’s mission consisted in starting up a new branch of Nguvu Utilities in Rwanda. The company operates in the energy sector, implementing solar installations and solar home systems for rural off-grid populations.
During his first months in the country, Ruben conducted a market analysis, in preparation of a business plan that was adapted to the field.
This prompted Nguvu Utilities to open a Nguvushop to sell off-grid solar equipment in Nyagartare district, a test market located in north-eastern Rwanda. Ruben was in charge of every aspect of the shop concept, including the pricing, overseeing the sales agents as well as the promotional campaigns. He also prepared the implementation of a “Pay-As-You-Go” technology, to finance the systems for the clients.
During his Prince Albert Fund mission, Ruben was in charge of the Rwandan branch and as such, responsible for all the aspects of the Rwandan business. “At some point, I had to hire a team – accountant/office managers, sales officers… – which proved to be very challenging but was
a good learning experience for me.” Thanks to the Belgian financial consultant, he also learned a lot about financial management, including short-term cash planning, currency exchange risk and long-term financial plans. ForRuben, this was also a unique opportunity to place orders and arrange logistics, to get equipment that was mostly manufactured in China to Rwanda. But above all, he appreciated the Rwandan way of life, which greatly values a sense of community.
The company – Nguvu Utilities
Nguvu Utilities is a social enterprise that focuses on small-scale utility services in developing countries. Its objective is to improve the access to affordable and sustainable utility services for households, businesses and communities in rural and peri-urban areas. In so doing, the company wishes to contribute to the local social-economic development and improve the quality of life.
“Ruben’s presence provided a lot of added value for our company. As a business development manager in Kigali, he developed the Rwandan branch of Nguvu Utilities, which was a success.”