Supporting Afghan women entrepreneurs

Image source IEEW

TMP – 24/07/2017

Hundreds of women entrepreneurs in Afghanistan are receiving professional training through a “Peace through Business” programme run by the Institute for Economic Empowerment of Women (IEEW) and Bank of America.

The initiative provides training, strategic planning support and mentorship to equip women entrepreneurs to grow their businesses and strengthen their local communities.

Since the programme launched 11 years ago, 80 percent of the women trained are still in business today. These women have in turn created thousands of jobs and are helping to promote local economic growth and stability in Afghanistan.

This year, trainees of the programme will receive one-on-one mentoring and will attend a dedicated training boot camp in the United States. At the boot camp, they will learn how to apply for loans, best practices in human resources and other essential business skills. The trainees will also receive coaching on specific business goals and challenges.

Previously, women entrepreneurs have been  held back by a lack of access to the business education, technology and capital they need. Through this new partnership, IEEW and Bank of America aim to empower women so they can make significant contributions to creating safe and prosperous communities.

“Our partnership with IEEW is part of a larger effort at Bank of America to empower women here in the U.S. and around the world and drive economic mobility,” said Andrea Smith, chief administrative officer at Bank of America.

“These women have overcome incredible challenges to help their businesses grow and communities thrive, and it’s important we support them and other women like them,” she added.