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Colombia is a strong growing economy US Commercial Service 2012 with a growth rate of 55 in 2011 moderate inflation US Commercial Service 2012 important flows of foreign direct investment reaching USD14 billion in 2011Beittel 2012 and investment grade credit rating granted by Standard Poors Moodys Investor Service and Fitch Ratings Proexport Colombia 2011 In addition Colombia is considered a high human development country with a HDI value of 071 -ranked 87 out of 187 countries- UNDP 2011 Currently Colombia also has political stability and improving security conditions due to a set of policies implemented by the government to reduce an internal conflict that the country has suffered for the last fifty years However the country has a major problem related to the high rate of inequality with a GINI coefficient that reaches 058 Beittel 2012 The third sector has been an important actor helping to address this issue by delivering goods and services to the most deprived communities in order to reduce the social and economic gap Nevertheless this task has been limited due to the lack of regular financial resources and low administrative capacity of these organisations which reduce their efficiency and capacity to deliver more and better goods and services Builes 2012 In light of the above this essay will present a project called Value 4 All This project is based on the premise that non-for-profit organisations in Colombia are pertinent reaching-out deprived local communities However the project also recognizes that these organisations have not reached their fullest potential and need some support to leverage their administrative capacity and financial sustainability Therefore this project seeks to take advantage of the Colombian favourable economic outolook to strengthen the social purpose of a non-for-profit organisation and create value by improving its management capacity and establishing a social enterprise to make the organisation self-sustainable Builes 2012 Although the project is designed for an individual organisation it can be replicated as many times as
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