YOU are the KEY

by Yayasan Cinta Anak Bangsa Foundation
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Project Report | Oct 12, 2020
Resiliency for Women Owned MSME's during Covid-19

By Greg Stretton | Project leader

YCAB Foundation and PT Bank HSBC Indonesia commenced a collaboration that would contribute to the post-pandemic economic recovery of Indonesia via the Resiliency for Women & Farmers program. This program strives to create business opportunities for female and farmer-owned MSMEs by presenting a comprehensive, long-term solution to the complex problems they face as a result of COVID-19.

The COVID-19 crisis has negative implications not only for health but for social and economic conditions as well, of which are detrimental to MSME owners and farmers. That is, despite the primary role they play in job creation and ensuring food security for the Indonesian population. In 2018, MSMEs contributed to 60% of Indonesia’s GDP and employed 121 million Indonesians. In addition, the agricultural sector in its height has contributed to 13.63% of Indonesia’s GDP growth rate.

The health crisis in face of the COVID-19 pandemic has snowballed to produce economic and social consequences. To overcome this recession and prevent social distress, we’ve taken the initiative to support the backbone of this nation’s economy, women-owned MSMEs and farmers. Increasing production capacity and improving the accessibility of capital are the two fundamentals we’ll be working on to help women micro-entrepreneurs and farmers. This program aims to build business resiliency in our target communities, which then has positive implications on their social welfare.

Resiliency for Women & Farmers was created to ensure sustainability for our fellow MSMEs and farmers, such that they can continue to operate and improve their standards of living. YCAB Foundation is providing training and mentorship along with seed capital to improve entrepreneurship skills and knowledge about start-ups in an effort to boost the MSME sector. Through the Resilience for Women & Farmers program as many as 25 groups of women micro-entrepreneurs in the Jakarta local area. West Java and Central Java will receive sewing lessons and training to become resellers. They will receive training for about a year.

As many as 120 farmers, comprising of 72 potato and 48 tomato agriculturists will feel the financial benefit of this program. It is hoped that Resilience for Women & Farmers will restore MSME and agricultural sector conditions, enabling them to recover and once again, contribute to the Indonesian economy.

This project would benefit from extra funding so we can help more people. why not set up a monthly donation here on GG. It would be great if you could.

Stay safe and well dear reader.

Thank you.

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Sep 16, 2020
Covid-19 responses helped by you.

By Greg Stretton | Project leader

May 22, 2020
Lighting up lives

By Greg Stretton | Project Leader

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Organization Information

Yayasan Cinta Anak Bangsa Foundation

Location: Jakarta - Indonesia
Website:
Facebook: Facebook Page
Twitter: @ycabfoundation
Project Leader:
Samantha Susilo
Jakarta , Indonesia
$5,738 raised of $50,000 goal
 
28 donations
$44,263 to go
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