The initial success of
The report, published today, is designed to provide companies and partners in government, civil society and the donor community with actionable insights and best practices gathered from the first few years of Coke’s ambitious effort to empower 5 million women entrepreneurs across its global value chain this decade.
5by20 launched in 2010 with programs in Brazil, India, the Philippines and South Africa, and has since reached 300,000 women producers, suppliers, distributors, retailers, recyclers and artisans in 12 countries with business skills training, microfinance programs, mentoring and networking opportunities, and more.
“By studying and sharing some of the early lessons of implementing this initiative in ‘real time,’ we hope that it will be possible for other companies and development partners to accelerate their own progress in developing models that achieve both business benefit and development impact through tackling some of the world’s most pressing development challenges,” Jane Nelson, director of Harvard Kennedy School’s Corporate Social Responsibility Initiative, writes in the report’s forward.
The report, which includes
According to the authors, a
few keys to sustainability and scale stand out across these programs – led, first
and foremost, by a strong business case for
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