projecteverest

Gender Empowerment Through Financial Advisory Services - The Farm Ed of Finance?

by
James Balzer
James Balzer | Jan 26, 2018 | in Ideas Box

My idea is a project that seeks to develop UN Sustainable Development Goal Number 5: Gender Equality. 

I currently work for an entrepreneurial company called Enactus in which I lead my own sustainability project related to youth education regarding sustainability and Indigenous culture. Within Enactus, there is another gender equality based project known as the 'Women's Creative Hub', which seeks to empower women in refugee and multicultural communities across Sydney. 

The project works by using council funding to establish gathering places for women from these diverse backgrounds to create arts and craft. This often reflects their own culture and backgrounds, thus promoting cross-cultural relations as well. 

From here, Enactus supports the sale of the created goods in the hub via marketplaces across Sydney, which then creates a revenue stream for the Women's Creative Hub that allows it to have money other than just council funding. Note well that Enactus is a non-for-profit organisation, so profit is not a consideration of ours. 

However, I always thought that this could be used in a for-profit venture. Perhaps Project Everest could utilise other habits that Women's communities conduct in the countries we operate in as a means of replicating a similar business model to the 'Women's Creative Hub'. Perhaps we could charge a small operating fee to those whom we work with or take a share of the profits we produce or sell goods to Women's groups in developing countries for them to on-sell. 

The value proposition we could potentially offer them is that we have expertise in business through which we can financially advise and empower them in a similar way that Farm Ed does for farmers in regards to agriculture. 

I just came to consider all of the aforementioned quite recently, so it's not fully developed or considered as of yet. However, I felt as though it could be an interesting way to financially empower women in developing communities. 

 

edited on 26th January 2018, 13:01 by James Balzer

James Balzer Jan 26, 2018

What are your initial thoughts?

Reply 0

Share