Helping Women Start Businesses in Ecuador

Students from MIT International Development Consulting (IDC) Lauren Vegter and Richard Mancco, will travel to Ecuador in June 2009 to continue their ongoing support of NGO Children of Guayaquil. Their project involves teaching business skills to the Frente Femenino, a group of women determined to improve their community. The women will learn about saving, banking, pricing, and marketing, in their native language of Spanish.

Lauren Vegter, a sophomore at the Massachusetts Institute of Technology, explains the details of setting prices when starting a new business.

MIT students Lauren Vegter and Juan Diaz pose for a photo with Andrea Pazmino, Vice President of Children of Guayaquil, and the four children of single-mother Cecilia Carillo, who hopes to start a beauty salon with her new business skills.