Economic Development

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Microfinance groups first developed by CARE in 1991 featured in new book by Pulitzer Prize-winners Nicholas Kristof and Sheryl WuDunn

ATLANTA  — A savings-led microfinance program pioneered by the humanitarian organization CARE in Africa has surpassed an important milestone — 4 million members — and is highlighted in a book about the science of giving released this week by Pulitzer Prize-winners Nicholas Kristof and Sheryl WuDunn.

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Tennis star launches a campaign with Join My Village to provide expanded education opportunities for young women in Africa; challenges her fans around the world to help 

ATLANTA – Tennis champion Venus Williams is partnering with CARE, one of the world’s largest humanitarian organizations, to raise awareness of and encourage support for girls’ education in the developing world by supporting programs in Kenya and Malawi. 

“If you have the right aspiration and devotion towards what you want to achieve in life, I guarantee that you will reach it at some point in time!”  

These are the words that Selina Akhter, a 20 year old girl was saying to other village girls her age.  In just six months, she was able to change her life like no one else in her village.  She is an example of how one’s own dedication and sincerity can fulfill goals in life, despite many obstacles.

Girls in the devastated city of Goma, “the rape capital of the world,” are breaking stereotypes to find work—and independence—as car mechanics and carpenters.

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In the Koh Kong province of Cambodia, CARE is tackling poverty by teaching women to become innovators. The Young Women in Business project helps women access employment and income opportunities in this area of Southwestern Cambodia where gender inequality is high and job opportunities are scarce.

Chim Srey Thorn, age 27, is one of these women who now runs her own business thanks to the training she got from CARE. Through the Young Women in Business project she learned how to raise livestock, manage a small business and handle finances. She also learned basic veterinary skills. 

An Atlanta chef hopes to help transform lives and raise awareness of communities struggling around the world through CARE.

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In October 2013, we caught up with Maria Landa of Peru to see how she and her welding business were doing.

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Undeveloped transportation infrastructure in Zambia is a major constraint to improved productivity for the estimated 800,000 smallholder farmers living in remote, rural areas of the country.

Without transportation, these farmers either have to pay inflated prices for local goods, or travel up to 120km to access affordable seeds, fertilizers, herbicides, pesticides and other farming essentials.

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For many rural communities in developing countries, banks are either unavailable, or too far away.  

In Tanzania, CARE partnered with Vodafone to start M-Pesa (M for mobile, pesa is Swahili for money), a mobile phone-based money transfer and microfinancing service which allows users to deposit, withdraw and transfer money using a mobile device.

VSLA groups in rural communities began using their M-Pesa accounts on a weekly basis to store cash that otherwise would have remained in the group’s box.

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