Assisting Women Build Better Organizations in Latin America
Observe how TechnoServe adapted Impulsa tu Empresa, a continuing company accelerator program, to higher target females business owners’ requirements.
The Impulsa Tu Empresa (“Boost Your Business”) program is a company accelerator system, which aims to assist 850 little 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 improve profits of those companies by $25 million and produce 750 jobs that are new 2017.
Learn 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 vendors when compared with males. Because of this, you can find fewer tiny and businesses that are growing) where females have leadership functions, and of those SGBs with females leaders, you will find frequently greater profitability and growth constraints in accordance with those led by males.
A number of the key challenges ladies business owners face whenever growing their companies consist of:
- Balancing household care and company obligations
- Accessing finance without appropriate ownership or a warranty
- Joining business that is traditionally male-dominated