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The Enterprises project identifies individuals from local communities and trains them for 6–9 months to form a cadre of community professionals called Micro-Enterprise Consultants (MEC). MEC are expected to provide hand holding support and capacity building services primarily to women entrepreneurs from rural areas in exchange for a fee.
The term rural development is not limited to issues of developing countries. In fact many developed countries have very active rural development programs. [citation needed] Rural development aims at finding ways to improve rural lives with the participation of rural people themselves, so as to meet the required needs of rural communities. [20]
Rural women are particularly disadvantaged, both as poor and as women. [3] Women in both rural and urban areas face a higher risk of poverty and more limited economic opportunities than their male counterparts. [4] The number of rural women living in extreme poverty rose by about 50 percent over the past twenty years. [3]
In 1987, a workshop on the role of rural women in development was held in Abuja and led to the establishment of Better Life Program for the Rural Woman. [7] Currently the organisation has recently developed a new strategy which will be implemented over the next five years to ensure rural women in Nigeria and Africa are supported and empowered. [8]
The U.S. African Development Foundation (USADF) is an independent U.S. government agency established by Congress in 1980 to invest directly in African grassroots enterprises and social entrepreneurs. USADF's investments aim to increase incomes, revenues, and jobs by promoting self-reliance and market-based solutions to poverty.
Female entrepreneurs are women who organize and manage an enterprise, particularly a business. [1] Female entrepreneurship has steadily increased in the United States during the 20th and 21st century, with number of female owned businesses increasing at a rate of 5% since 1997.