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The combination of inadequate education, vocational training, and opportunities prevent many individuals from entering and succeeding in the formal job market.
Increasingly, self-employment is regarded as the solution to combating unemployment and poverty, accounting for over 70% of all jobs in the region.
But many microentrepreneurs lack the necessary training and/or financial resources to purchase materials and machinery, and/or any collateral for loans. Consequently, their businesses are destined to fail.
Our partners offer a broad range of financial and training services to low-income microentrepreneurs in Argentina, Bolivia, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru, Uruguay, and Venezuela.
These program offer:
- Microenterprise and financial training
- Technical assistance
- Credit and sales services to improve microentrepreneurs’ profits
- Access to loans for working capital and fixed assets
- Micro-insurance
Contact us to learn more.
Read more about the other programs we support.
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