Observe how TechnoServe adapted Impulsa tu Empresa, a continuing company accelerator system, to raised target females entrepreneurs’ requirements.
The Impulsa Tu Empresa (“Boost Your Business”) program is a small business accelerator system, which aims to assist 850 tiny and businesses that are growing Guatemala, Honduras, El Salvador, Nicaragua and Burkina Faso. The Multilateral Investment Fund, the Walmart Foundation, the Citi Foundation and the PIMCO Foundation, TechnoServe provides participating businesses mentorship, market connections, and access to capital to help them grow and expand with support from the Argidius Foundation. This program hopes to boost profits among these companies by $25 million and create 750 jobs that are new 2017.
Understand how Veronica, creator of IKO Imagen, expanded her business while changing her community with TechnoServe’s assistance. Learn More
ORIGINAL CHALLENGES FACED with LADIES ENTREPRENEURS
Feamales in Central America face unequal usage of financial possibilities as business people, leaders, workers and manufacturers when compared with males. Because of this, you will find less tiny and growing organizations (SGBs) where females have leadership functions, and of those SGBs with females leaders, you will find frequently greater profitability and growth constraints relative to those led by males.
A number of the challenges that are key business owners face whenever growing their organizations consist of:
- Balancing household care and company obligations
- Accessing finance without appropriate ownership or an assurance
- Joining business that is traditionally male-dominated