Empowering Women through Entrepreneurship (UC Berkeley)

Facebook
Twitter
LinkedIn

Big Ideas LogoWomen living in the squatter settlements of Ulaanbaatar are among the most financially and educationally disadvantaged in Mongolia. The squatter areas—commonly known as “ger districts”—are mainly comprised of recently-migrated nomadic herders. Ger districts make up over 60% of the capital city’s population and have tens of thousands of new arrivals each year. The newly-settled nomads face difficulties in the urban job market due to stark cultural differences between rural and urban lifestyles and a mismatch of employable skills. The challenges of finding employment can result in alcoholism, domestic violence, and cyclical poverty. Women in the squatter settlements need confidence, practical knowledge, and access to capital in order to break from patriarchal gender roles that often prevent them from reaching their full potential as business and community leaders. Through structured small-group support, this project provides impoverished female migrants with information, skills, and low-interest microloans in order to develop their small businesses and foster more economically-resilient communities.

More Winners

CA$HFLOW

CA$HFLOW from Big Ideas @ Berkeley on Vimeo. To combat increasing student debt from rising tuition fees by bringing financial literacy to high schools. CA$HFLOW’s

Read More »

Codi

In the US, 1 in 4 renters spend half their income on rent. City life has become increasingly unaffordable while residential spaces remain empty during

Read More »

© 2021 Blum Center for Developing Economies

Design by Joseph Kim