TechnoServe and Walmart Foundation Helping Women Entrepreneurs in Nicaragua

August 04, 2011

TechnoServe is helping more than 1,000 women in Nicaragua to strengthen their business skills through the "Initiative for Women Entrepreneurs," a program funded by the Walmart Foundation. The initiative officially kicked off last week at a launch event featuring representatives from Walmart Mexico and Central America, the U.S. Agency for International Development, Vital Voices, beneficiaries and other special guests.

TechnoServe is helping more than 1,000 women in Nicaragua to strengthen their business skills through the "Initiative for Women Entrepreneurs," a program funded by the Walmart Foundation.

The initiative officially kicked off last week at a launch event featuring representatives from Walmart Mexico and Central America, the U.S. Agency for International Development, Vital Voices, beneficiaries and other special guests.

The project aims to empower women across Nicaragua to reach their full potential as business leaders. TechnoServe advisors will show these women vital skills and help them access the financing, markets and expertise that will allow them to grow their businesses and launch new ventures. TechnoServe will also help build a network of businesswomen across Nicaragua by linking the beneficiaries to mentors.

The program was initially expected to benefit 750 people. But during the two-month selection period, TechnoServe identified nearly 1,050 women in 25 business groups who will receive assistance. The women entrepreneurs operate in industries such as organic apparel, bakeries, organic cashews, coffee, organic honey, shrimp, cereals, dairy processing, natural juices, handicrafts and processed cassava.

 

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