PEO HOLDINGS

Peo Holdings (Pty) Ltd, a venture capital company, is a business development initiative established by Debswana and De Beers Botswana in 1997. It is committed to promoting and facilitating the establishment of commercially viable enterprises in Botswana as well as promoting the involvement of Batswana as owners in these in business.

Peo
Veterinary and Agricultural Consultants
Peo Holdings assisted project

Since its inception, Peo has funded 45 businesses, with an investment value of P17.4 million.
In 2005, six projects with an investment value of P10.5 million were approved. To date, businesses funded by Peo have created employment for over 1,000 Batswana.

Debswana and De Beers Botswana consider this initiative as a re-investment in Botswana's economy. The rationale for investing resources in a business development initiative is:

• To harness the potential of Small and Medium Enterprises(SMEs) to create jobs

• To contribute towards economic diversification through a strong SME sector.

Peo's strategy for the development of SMEs was specifically designed to address major constraints faced by the sector in Botswana, i.e. the shortage of entrepreneurial skills, lack of capital, small domestic market and lack of financial discipline.