Economic Empowerment through Self Employment... and Jobs?
Cities can be dangerous, but they can also be full of opportunities. The success of micro-finance in improving access to funding and helping people realize their entrepreneurial potential is well documented. Women's Initiative is an organization doing incredible work with "high-potential, low-income" women in Oakland, San Francisco and New York. Over 70% of their graduates remain in their business ventures 5 years after their training. Women's Initiative graduates have created over 5,000 jobs.
Since this challenge is focused on cities, I'm especially curious about how existing urban institutions might help extend economic empowerment to women -- both through access to credit / training that leads to self employment, as well as through job creation focused on women. I realize that in some places, women are barred from formal employment in many sectors. Will this change? How?
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CommentMaria Rosa Galter