56K Women Entrepreneurs Empowered Through CARE and H&M Foundation program

56K Women Entrepreneurs Empowered Through CARE and H&M Foundation program

Publication info

Posted
9/28/16

Investing in women's economic empowerment - a catalyst for positive change!

Since the start of CARE's partnership with the H&M Foundation two years ago, more than 56,000 women from poor communities got the opportunity to become self-sufficient entrepreneurs. In 11 countries worldwide, women have been provided with the funds and business skills they need to start or expand their own business - and change the future for generations to come.  

"We are very excited to see the impact this program has had so far. I travelled with CARE to Jordan in August and met so many women expressing their enthusiasm, witnessing about how the program has given them the tools and the courage to become empowered and transform their own lives," says Maria Bystedt, project manager at H&M Foundation.

Within the program, CARE empowers women to take leadership of their own lives. They start to believe in themselves and find the inner strength to become successful entrepreneurs. Through trainings they are equipped with the proper business and financial skills to develop a business plan, improve the quality of their products and find markets to start or increase sales.

CARE is convinced that encouraging and facilitating entrepreneurship for women is a vital step to fight poverty and achieve equality. The program not only helps women to increase their income and opportunities in life, it is also a core contributing factor in achieving equality between women and men. Reintje  van Haeringen, coordinator of the global Women Empowerment through Enterprise Development program, explains: "To support the women's process of empowerment, in many countries we engage their husbands and sons. Through gender awareness trainings we enhance men's sharing the load of household tasks, allowing women to dedicate time to their business. In the end this benefits a whole family, because when women earn, they invest the majority of their income in their families."

About the Global Partnership:

In three years time CARE, with support of the H&M Foundation, will provide more than 100,000 women in poor communities with access to tools, knowledge, skills training and/or seed capital to start up or to expand their businesses. Women are trained according to their needs, in sales expertise, general business development skills, and financial literacy.

We also organize five campaigns in Peru, Jordan, Nepal, Burundi, Ivory Coast and Sierra Leone with powerful and inspiring role models that raise awareness regarding the barriers they have had to overcome to reach their full potential. The role models inspire women of poor communities to realize their dreams for a better future through the establishment of small businesses.

A global report will be developed advocating for policy changes needed to ensure more women reach their full potential and exercise their rights. This report will be offered to key policy makers and influencers on women’s rights and empowerment.

About H&M Foundation:

The H&M Foundation is a non-profit global foundation, privately funded by the Stefan Persson family, founders and main owners of the fashion company H&M. The mission of the Foundation is to create long lasting positive change and improve living conditions by investing in communities, people and innovative ideas. Through partnerships with prominent organizations around the globe, the Foundation drives change within four focus areas; strengthening women, education, clean water, and protecting the planet. In addition, the H&M Foundation can also provide emergency relief. Since 2013, the Stefan Persson family has donated SEK 1.1 billion (USD 154 million/EUR 123 million) to the H&M Foundation. For further information, visit www.hm.com/hmfoundation.

Photo credit: CARE/Prtic

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56,000 Women Strengthened as Entrepreneurs through Program of CARE and H&M Foundation

When women earn, everyone benefits. Watch how these women entrepreneurs are making real changes in their lives and their communities every day.