Project profile — Building Economic Resilience for Women Entrepreneurs in Bolivia

• Bolivia (100.00%)

• Banking And Financial Services: Formal sector financial intermediaries (24030) (50.00%)
• Industry: Small and medium-sized enterprises (SME) development (32130) (50.00%)

• Gender equality (principal objective)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (significant objective)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Disaster Risk Reduction(DRR) (not targeted)
• Indigenous Issues (significant objective)
• Disability (not targeted)
• Nutrition (not targeted)
• ICT as a tool for development (significant objective)

The project proposes to address the barriers that penalize the development of women's entrepreneurship in Bolivia. It facilitates access for women entrepreneurs, including Indigenous women, to support services for women entrepreneurs. The aim is to strengthen their management, financial and digital skills. To do this, they must have access to financial and digital products and services adapted to their needs. The project aims to mitigate gender inequalities experienced by female entrepreneurs, including a high proportion of Indigenous women. It also aims to support them in reviving their economic activities affected by COVID-19.

The expected results of this project include: (1) improved socio-economic conditions for 1,500 female entrepreneurs and their employees (7,500) and their families; (2) strengthened management, financial and digital skills of female entrepreneurs; and (3) increased access for women entrepreneurs to financial and digital products and services tailored to their needs.

Results achieved as of March 2024 include: (1) supported 40 women to gained deeper knowledge to develop their businesses; 2) allowed 30 women who received the Financial Education (FE) program to improve their financial knowledge, skills and behaviors; 3) 95 individuals (women entrepreneurs and their families) demonstrated increased awareness of gender and environmental issues; 4) 40 women completed the review of the Leadership and Management Capacity Building Program for Women-Led Enterprises.

• Proactive disclosure