BRONZE2023

Naney, Incorporated

Trust is Our Foundation

Sheffield, MA   |  www.naneyinc.org

Mission

Naney, Incorporated invests in the dignity of communities in Niger, focusing on capital and capacity.

Ruling year info

2017

President and CEO

Jocelyn Farrington

Main address

PO Box 864

Sheffield, MA 01257 USA

Show more contact info

EIN

82-2148940

NTEE code info

International Economic Development (Q32)

IRS filing requirement

This organization is required to file an IRS Form 990-N.

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Investment Package

NANEY groups, anywhere from 20-100 people, generally women, save a minimum of $10 each over a year. In Niger, the annual per capital income is about $1000. Saving $10 over a year in Niger is like saving $600 in a year in the US. It is reasonable but also significant.

Once the group – and the individual – has proven their ability to work together and save through the savings activity, NANEY provides two starter investments to each individual, managed in the group. A $40 sheep loan and a $40 peanut loan.

These two loans provide a minimum return on investment of 100% for each individual (meaning that for a $40 loan they generate at least $80 of revenue) in the first year. The loans are structured to be self-perpetuating, generating capital for the group and allowing new individuals to join. NANEY’s initial investment in a community will double in value in 5 years and that capital stays in the group and in the community. Once additional capital is generated, it can be used to fund other projects of importance or value to the community.

Population(s) Served
Women and girls
Families

Where we work

Financials

Naney, Incorporated
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Naney, Incorporated

Board of directors
as of 11/30/2023
SOURCE: Self-reported by organization
Board chair

Jocelyn Farrington

Patrick Johnson

Edge Capital Partners LLC

Christine Heaton

Big Elm Brewing

Kabirou Amusa

Cara Greger

Minnesota Department of Natural Resources

Patrick Kadian

Paul Bellin