Helping Women Start Businesses in Ecuador

by Children of Guayaquil, Inc.

Summary

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.
$762
total raised
20
donors
0
monthly donors
7
years active

Challenge

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.

Solution

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.

Long-Term Impact

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.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

mailto: lvegter@mit.edu
Children of Guayaquil Inc.
MIT International Development Consulting

Organization Information

Children of Guayaquil, Inc.

Location: Rockville, Maryland - USA
Website: http:/​/​www.EcuadorOrphans.org
Project Leader:
Lauren Vegter
Director of Strategy, MIT IDC
Cambridge, MA United States

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.

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