A team of five MIT students will work with a community of women in Pascuales, Ecuador during summer 2009 to help them start businesses by providing skills training, guidance, and financial support.
The local community of Pascuales has many street children. Children of Guayaquil has been working to address this problem by constructing a community center and providing educational workshops in the community. Now, a team of MIT students from MIT International Development Consulting will be assisting the NGO to help the women in Pascuales - the mothers of these disadvantaged children - to start businesses in order to provide for the healthcare, education, and safety of the street children.
We will do three things to improve the financial options and help the women generate income: 1) Create a savings opportunity program. 2) Help the women obtain loans for their businesses. 3) Help the women start businesses.
The project would serve directly to 20 families by helping them increase their quality of life. Indirectly we would be providing services to 2.000 people in the community.
This project has provided additional documentation in a PDF file (projdoc.pdf).
