President Clinton endorses TYO’s women’s entrepreneurialism initiative

CGI sealFollowing our fabulous experience at CGI 2009 in New York last month, we were happy to hear from the CGI folks again today! They have made available an official seal of approval for all Commitment Makers in good standing (at left). They’ll also send a certificate signed by President Clinton that we will proudly display in the entrance of our Nablus Center, next to our other commitment certificate from CGI 2007!

In the meantime, we can confidently say that our commitment is in very good standing – we’re interviewing for Project Managers on Wednesday for the women’s economic empowerment initiative that we’ve developed in cooperation with the Cherie Blair Foundation for Women. The Small Enterprise Center of Ramallah is the local technical partner, and has generously agreed to help out from the very first stages of project development and recruitment.

Another great development on this front this week was learning of the Entrepreneurial Finance Lab within Harvard’s Center for International Development from Henriette Kolb, Director of the Cherie Blair Foundation for Women. The team at Harvard is studying ways to remedy the under-utilized economic potential of small and medium enterprises (SMEs) in developing countries. This group at Harvard, as well as Mrs. Blair and her Foundation, see SMEs as an essential ingredient for fighting poverty, in different ways from microfinance initiaitives or global expansion of Fortune 500 companies. Harvard’s site provides a comprehensive and lucid description of the issue, as well as innovative and compelling solutions that they are developing, including using psychometric tests to evaluate loan applications!

Come visit us in Nablus to see the CGI certificates in person, and more importantly, check out this exciting new project to promote women as innovative and potent economic engines in their community!

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