As our trustee Chris Lane recently articulated so well, the global pandemic presents an extremely challenging time for women entrepreneurs in low and middle income countries.
We also firmly believe the potential of women business owners and the benefits of women’s economic empowerment are a big part of building back after the crisis. To activate this, we’re implementing a response plan of support with changes to our activity and communications.
To help guide our actions, we’ve just surveyed the women entrepreneurs currently participating in our programmes on what the impacts of the coronavirus are on their businesses, which span a huge range of industries in many countries, and what support they’d like. Among the results, which we’ve released here, we found that 93% have already been negatively impacted.
There is now little doubt that women need our vital support more than ever. Among the most commonly-chosen areas women wanted support were business crisis management, business resilience and diversification, e-commerce.
So to help combat this crisis, we’re releasing a host of our learning materials – normally only available to those taking part in our programmes – to everyone through our website. Our hope is that these valuable skills training resources can in some way help to alleviate the virus’ negative impacts on women entrepreneurs, and by extension their families, communities and economies.
The first resource in this series is on how to manage your cash flow and plan for different eventualities:
More resources will be on the way very soon, as will a full report on the results of our survey – keep an eye on our website and social media, and sign up to our mailing list at the bottom of this page to receive them.
How can you support us?
With major implications for economies, businesses and entrepreneurs around the globe, the need for our work during this time increases. If you are able to help by making a donation today you’ll be enabling us to continue and expand the services women entrepreneurs need more than ever to support their families, communities and societies for years to come.