The United Nations estimates that out of the world’s population of about 6.5 billion, over 1 billion live on less than $1 a day. 70% of this poverty-stricken population are women!
The following are additional reasons why we plan to focus our energies on working with women in Senegal:
- Similar programs have shown that women are best suited to work with small amounts of capital as compared to men.
- Accessing micro-loans from the formal financial sector in Senegal is disproportionately difficult for women.
- Many women have been abandoned with children by their husbands and therefore bear the economic burden of supporting their families.
We have found that these needy women are eager to work – to start or expand a micro-enterprise in order to provide the basic necessities for their families. Even a small amount of capital accompanied by support and training, will transform the lives of many.
The following statements by international leaders further support the case for women’s development:
” Women have plans for themselves, for their children, about their home, the meals. They have a vision. A man wants to enjoy himself ” – Mohammad Yunus, Micro-finance Expert and founder of Grameen bank in Bangladesh.
The Secretary-General of the United Nations, Kofi Anan, said that if women were involved (in a cause) everyone would benefit— men, women, boys, girls and families.