Project duration: Ongoing
Project's focus area: Economic development for women in war-torn areas
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With a current unemployment rate of approximately 40% for the country overall, and 45% for women, very few formal sector employment opportunities exist for women in Bosnia and Herzegovina. Coupled with an extremely high rate of social isolation, women more than ever need substantial support to build social networks and become active members of their communities. Creating immediate and long-term economic opportunities for women has a proven stabilizing effect on the country and the economy.
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Women attend business classes, write a business plan and receive a loan to launch a small business. After receiving the loans, women meet monthly with a loan officer to make payments, receive training and discuss business strategies. |
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To rebuild communities, women need the economic resources to support their families. Women launch businesses that provide the resources to feed their families, build homes and send their kids to school -- building stronger, more peaceful nations. |
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"We made some profit and bought a vehicle. We used it to transport produce to the market. Then we turned it into a mobile market. We had permanent customers and business was growing."
- Envera, Microcredit client in Bosnia and Herzegovina
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Shannon O'Donnell,
Online Marketing Manager
4455 Connecticut Avenue, NW
Suite 200
Washington, DC 20008
United States
202-737-7705
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