Economic Development

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In the Koh Kong province of Cambodia, CARE is tackling poverty by teaching women to become innovators. The Young Women in Business project helps women access employment and income opportunities in this area of Southwestern Cambodia where gender inequality is high and job opportunities are scarce.

Chim Srey Thorn, age 27, is one of these women who now runs her own business thanks to the training she got from CARE. Through the Young Women in Business project she learned how to raise livestock, manage a small business and handle finances. She also learned basic veterinary skills. 

An Atlanta chef hopes to help transform lives and raise awareness of communities struggling around the world through CARE.

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In October 2013, we caught up with Maria Landa of Peru to see how she and her welding business were doing.

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Undeveloped transportation infrastructure in Zambia is a major constraint to improved productivity for the estimated 800,000 smallholder farmers living in remote, rural areas of the country.

Without transportation, these farmers either have to pay inflated prices for local goods, or travel up to 120km to access affordable seeds, fertilizers, herbicides, pesticides and other farming essentials.

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For many rural communities in developing countries, banks are either unavailable, or too far away.  

In Tanzania, CARE partnered with Vodafone to start M-Pesa (M for mobile, pesa is Swahili for money), a mobile phone-based money transfer and microfinancing service which allows users to deposit, withdraw and transfer money using a mobile device.

VSLA groups in rural communities began using their M-Pesa accounts on a weekly basis to store cash that otherwise would have remained in the group’s box.

There is a huge demand for formal financial assistance for those living on less than $2 a day, so how can we scale up our efforts?

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The global financial crisis has turned us into a world of savers — including the poorest people on the planet.

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