POSTED June 14, 2022
How can an increase in female entrepreneurs help curb global food prices?
Learn how Children Believe is helping women increase their earning potential
It’s tough for women from vulnerable countries to contribute to the economy. But now their help could make a big difference as the world deals with factors such as the war in Ukraine, climate change and the COVID-19 pandemic, which are causing soaring food prices.
In some regions, females may work the land, but that isn’t translating to income. “Women make up about a quarter of the agricultural labour force in Latin American and about 40 percent globally,” reports Thomson Reuters Foundation. But without land rights, access to loans, quality seeds, training and more, they “often earn less and produce 20 percent to 30 percent lower crop yield than men.”
The good news is research by the United Nations and The World Bank show women-focused initiatives can help reduce rural poverty, since women spend their income on their children and re-investing into business.
At Children Believe, we help women access the knowledge and resources to build their own businesses.
In Burkina Faso, 2,000 women saved C$278,000+ in the past year through a Village Savings and Loans Association (VSLA). This program helps women access banking systems and credit that would not otherwise be available to them so they can get seed money to start or grow their own businesses.
Support entrepreneurship through our Vocational Training and Business Start-up gift. Learn more.
ABOUT CHILDREN BELIEVE:
Children Believe works globally to empower children to dream fearlessly, stand up for what they believe in — and be heard. For 60+ years, we’ve brought together brave young dreamers, caring supporters and partners, and unabashed idealists. Together, we’re driven by a common belief: creating access to education — inside and outside of classrooms — is the most powerful tool children can use to change their world.
About ChildFund Alliance:
A member of ChildFund Alliance, Children Believe is part of a global network of child-focused development organizations working to create opportunities for children and youth, their families and communities. ChildFund helps nearly 23-million children and their families in 70 countries overcome poverty and underlying conditions that prevent children from achieving their full potential. We work to end violence against children; provide expertise in emergencies and disasters to ease the harmful impact on children and their communities; and engage children and youth to create lasting change and elevate their voices in decisions that affect their lives.