25 women living in the urban slums of Chittagong will be provided with extensive business training and a loan of $200 to set up their own small businesses, such as grocery shops and roadside hotels.
What is the issue, problem, or challenge?
25 women selected for this project will be given an unprecedented opportunity to launch a business that could propel them and their families out of poverty. Many of these women moved to Chittagong from the rural areas with high hopes of achieving financial independence by securing factory jobs. They instead found the realities of urban living to be harsh and unsustainable.
How will this project solve this problem?
The 25 women will receive training in entrepreneurship, marketing, and business plan development and then provided with a $200 loan to start their own small business in the heart of Chittagong City.
Potential Long Term Impact
Increases the capacity of women to start their own business and, in the process, increases their income and provides employment in the community. The project will help women scale-up their income generation activities.
Total Funding Received to Date: $1,453
This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.
Donors' contributions and pledges to this project totaled $1,453 . The original project funding goal was $6,153.