Browse by Theme: Entrepreneurs

The Independent Commission for Aid Impact (ICAI) has recently published a report on DFID’s approach to supporting inclusive growth in Africa – A learning review. Given the major increase in DFID’s economic development budget over the last few years (to £1.8 billion in 2015-16 – more than doubling the amount spent in 2012-13) and the publication at the start of this year of DFID’s new Economic Development Strategy, ICAI’s review of the evidence being used to structure DFID’s spend and programming is timely. It aims to answer a question of great interest to CARE: how DFID manages the dilemma between focusing on transformational growth and ensuring that the poor are able to benefit from it.

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We often talk about providing people with skills, knowledge and tools so they can improve their lives – but sometimes the impact is hard to quantify. So how does the fact that more than 90% of women’s businesses grew over the course of the Skilling for Change programme sound?

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Women’s economic empowerment is one of four priority areas for CARE’s work, as set out in the CARE 2020 Program Strategy. This strategy on women’s economic empowerment sets out what CARE will do to meet our aim of 30 million women having greater access to and control over economic resources by 2020.

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South Sudan has endured many decades of violent conflict. To escape from the cycle of destruction and revenge, the Compromise Peace Agreement signed in August 2015 presents an opportunity for national authorities and the international community to adopt a new approach. This paper draws on CARE’s integrated approach to peacebuilding and economic development to argue that community reconciliation and economic development should be given equal weight in strategy decisions by national authorities, donors and aid agencies.

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This report explores barriers to and opportunities for participation in the economy by young Palestinians, especially women, focusing on the skills development necessary for more inclusive, sustainable, and equitable employment and entrepreneurship.

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There are 2.5bn people who are financially excluded – who have no access to basic financial products, like savings, credit or insurance. I’ve just been to Kenya to visit Banking on Change, a programme which is changing that. I met young men and women who have joined savings and loans groups set up by CARE Kenya through Banking on Change, a partnership between CARE, Plan and Barclays. Here are five things that the visit impressed on me.

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Peer-to-peer (P2P) micro-lending platforms, such as lendwithcare, have become a popular method of supporting small businesses in developing countries. Local microfinance institutions (MFIs) select borrowers and appraise their loan applications, which if approved, are financed by the P2P platform. Lendwithcare was established in 2010 and to date around 17,000 individual lenders have financed loans to more than 8,000 borrowers across 10 countries. Our experience over the past four years is that as their loans are repaid, lenders invariably re-lend rather than withdraw their money. But while lendwithcare has proven to be very popular with supporters, is it an efficient way for MFIs to access funding?

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