In business

Women’s Entrepreneurship Day kicks off at the U.N.

November 19th is Women’s Entrepreneurship Day at the United Nations, a day to discuss the obstacles facing women business owners globally and to celebrate the successes of female entrepreneurs. The event will feature appearances from entrepreneurs and global business leaders at the U.N., including singer Leona Lewis, Sen. Jeanne Shaheen of New Hampshire, and Andrea Jung, the President and CEO of Grameen America. Women’s Entrepreneurship Day founder Wendy Diamond says the idea sparked for her after volunteering with the Adelante Foundation, a microlender, in Honduras. Roughly 30 percent of men who took out loans with the microlender repaid them, but women borrowers repaid loans 96 percent of the time. “The woman using the microcredit loans felt so empowered and happy,” she says. “We need to support women and increase opportunities for them if we want the world to be a better place.” The movement looks to continue the momentum on December 2 with an event being touted as Women on Wednesday, a day to encourage people to invest in and shop at women-owned businesses.

Read the full story at Forbes.

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