Skip to content

Local Content Success Stories Platform

Request

Back to listing

Favorites

ExxonMobil Foundation Supports Women Empowerment

May, 03rd 2022

Business Women Connect (BWC) is a $300 000 yearly initiative sponsored by the ExxonMobil Foundation and implemented in partnership with TechnoServe Mozambique. The BWC program ultimate goal is to increase women’s economic opportunity by supporting their activities in financial and merchandise management, marketing, customer service, and investing. It has been implemented in Maputo, Gaza, and Inhambane provinces supporting grocery stores, restaurants, takeaways, tailors, and beauty salons.

In 2018, in partnership with Letshego Bank, the program consisted of training bank agents to help women customers effectively use savings accounts and improve business and financial literacy to grow their businesses. In 2021, the program provided business and financial literacy to women micro-entrepreneurs through business development and management classes. In 2022, BWC consisted of a 4-month training for female business owners, followed by bi-monthly mentoring.

The impacts of BWC are remarkable and ExxonMobil foundation aims to continue with the program. So far, the BWC has provided business literacy training for over 1,000 women and nearly 100 bank agents in Mozambique. A major part of the beneficiaries has increased their income and their business has also registered improvements.

 Read more

Source by 

Project Specifications

Specifications Key Information
Sponsor
ExxonMobile
Sponsor Activity
Energy
Technical partner
TechnoServe
Technical Partner Activity
NGO - Business Solutions
Project Status
Update
Country
Mozambique
Province
Maputo, Gaza, Inhambane
Town
Maputo, Gaza, Inhambane
Budget
$300000 yearly
Key Numbers
+1000 women benefited, +100 bank agents
Specifications Key Information
Program
Capacity Building
Beneficiary/Target
Local Businesswomen
Solution
Training
Key Words
Capacity building, Business management, women empowerment
Impact
 Economic empowerment, Access to finance
Sector Supported
General Services
Sector Supported Specifications
General Services
Source Picture
ExxonMobil website
Key Date
May, 03rd 2022
en_USEnglish