The Walmart Foundation to Increase Women’s Development Partnership with CARE to $3 Million
The Walmart Foundation announced today plans to increase its women’s development partnership with CARE to $3 million, expanding its $1 million, one-year partnership initiated last year. The funding will empower women in Peru, Bangladesh, and India by developing new skills and creating new opportunities through education, literacy and job training programs in agriculture and factory settings.
“We are excited by the positive difference we have made in the lives of women through the work we have done in partnership with CARE and are looking forward to building on these successes to do even more,” said Eduardo Castro-Wright, vice chairman of Walmart and CARE board member. “These projects will create new jobs and advancement opportunities for women in the work place, as well as help to build and improve their confidence.”
In Bangladesh, the new funding will enable 2,500 women to take advantage of an expanded curriculum to build their reading, writing, math and analytical skills, as well as promote health and nutrition awareness. With this addition, a total of 5,000 women will build life-long skills that will increase their income-earning potential.
In India, Walmart and CARE will create additional women owned-and-operated cashew processing institutions, expanding into 18 new villages. This extension will help an additional 500 women in the cashew farming and processing sector achieve more equitable and consistent incomes, totaling 1,250 women impacted through the partnership.
In Peru, the project will extend its work into more provinces and new products, helping in total more than 1,600 households improve their agricultural operations and creating approximately 700 new jobs in the region. The project also includes strategies to empower women to take a stronger leadership role in their family farms and communities, including training in how to better market their produce and support in implementing women’s business networks.
“Walmart’s support has made a significant difference in the lives of thousands of women, and their families, in Bangladesh, India and Peru,” said Helene Gayle, president and CEO of CARE. “This new funding is a testimony of Walmart’s long-term commitment to provide women with the skills, knowledge and opportunities that will enable them to reshape the future for themselves and their families. By leveraging our collective resources, we can bring about lasting impact in the fight against poverty.”
Globally, women make up 70 percent of the one billion people living on less than a dollar a day, work two-thirds of the working hours, produce half of the world’s food, yet earn only 10 percent of the world’s income and own less than 1 percent of the world’s property. Equipped with the right tools, research shows that women are the solution to breaking the cycle of poverty. Together, Walmart and CARE are working hard to ensure women are part of the solution in the fight against global poverty.
(Source: Walmart)
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