Women entrepreneurs operating micro, small and medium enterprises (MSMEs) in developing and emerging markets face multiple barriers. While women’s entrepreneurship is on the rise globally, many women lack the confidence, access to capital, skills and networks to take their small businesses to the next level.
Road to Growth is a collaborative venture developed in partnership with the ExxonMobil Foundation, designed to build the business skills and financial literacy of women entrepreneurs.
The project uses a ‘blended learning’ approach, which combines in-class training with a unique, custom-built online learning tool. The in-class training enables women to benefit from networking opportunities and peer-to-peer learning, while the e-modules are accessible via tablets, allowing women to learn at their own pace and convenience.
‘The Road to Growth model we have developed with the Cherie Blair Foundation for Women harnesses the skills of a diverse range of experts to empower women entrepreneurs to realise their full potential. The ‘blended learning’ approach will help set women on a road to growth, enabling them to expand their businesses, strengthen their financial security and drive development in their communities.’
– Jim Jones, Executive Director of the ExxonMobil Foundation
The ExxonMobil Foundation is the primary philanthropic arm of Exxon Mobil Corporation. Since 2005, the ExxonMobil Foundation has helped women in developing countries fulfil their economic potential and drive economic and social change in their communities. To date, it has invested more than $120 million to help community-based and global partners implement programs directly benefiting tens of thousands of women in over 90 countries.