Globally, just 55 percent of women (ages 15-64) are engaged in the labor force, compared to 78 percent of men. On average, women earn approximately 80 percent of what men earn. However, women represent 85 percent of all consumer purchases worldwide, controlling $20 trillion in global spending. These statistics point to a clear disparity between women’s participation in and contribution to the global economy. To move the needle on women’s economic empowerment, Banyan Global is implementing the Women’s Economic Empowerment and Equality Technical Assistance (WE3 TA) project, a task order under the United States Agency for International Development (USAID)-funded Advancing the Agenda of Gender Equality (ADVANTAGE) indefinite delivery, indefinite quantity (IDIQ) contract.
Impact Stories View All
Banyan Global is taking a three-pronged approach to the COVID-19 crisis that focuses on responding in the short-term; planning for long-term recovery; and building resilience for sustainability. Recognizing that COVID-19 is not just a health crisis but is disrupting every aspect of life, from education to livelihoods and from agricultural production to supply-chain and trade bottlenecks, Banyan Global is working synergistically across its practice areas to take a multisectoral approach. Additionally, Banyan Global’s response, recovery, and resilience-building efforts are gendered, socially inclusive, and targeted to the needs of the marginalized, who have been hit hardest by this crisis.
The United States Agency for International Development (USAID)-funded Honduras Workforce Development Activity, Empleando Futuros (Employing Futures), is addressing the social and economic isolation that contributes to violence in Honduras head on. In 2018, Empleando Futuros began exploring ways to provide employment and entrepreneurship training for youth who were either former gang members or had previously been in conflict with the law.
In Ethiopia, women farmers achieve agricultural yields that are up to 35 percent lower than that of their male counterparts. The United States Agency for International Development (USAID) Feed the Future Ethiopia Value Chain Activity (FTFE VCA) addresses barriers to success for women farmers through a peer mentorship program. Banyan Global, as a subcontractor to Fintrac, leads the program’s implementation.
There are many reasons why a young person living in Honduras might feel unprepared to face life’s challenges. Banyan Global leads the United States Agency for International Development (USAID)-funded Empleando Futuros (Employing Futures) project in Honduras, working to create more and better economic opportunities for Honduran youth in their home country while also working to decrease the levels of violence that contribute to instability and lack of access to sustained employment.
The United States Agency for International Development (USAID)-funded Sustaining Health Outcomes through the Private Sector Plus (SHOPS Plus) project improves health outcomes in Madagascar. Banyan Global leads the access to finance and business strengthening component of the project. The Investing in Excellence program, created by Banyan Global, recognizes the ways in which private health providers like Mr. Patric are leveraging financial support to invest in and improve their health care practices.