Business skills for young people in Suriname

Our project in Suriname will provide entrepreneurial training to young people, where they will learn how to set up sustainable businesses and learn vital skills to help them lift themselves and their families out of poverty.

Empowering young people with business skills in Suriname

We are excited to be working with a local organisation in Suriname, the ‘Women in Business Suriname Foundation’ (WBS), established in 1993.

Despite its’ natural beauty and relatively high standard of living, Suriname faces economic and political challenges. Since independence from the Netherlands in 1975 Suriname has endured coups and a civil war, and in some areas unemployment and gender-inequality are rife, as can be seen in the Global Gender Gap Report 2013, which highlighted Suriname as the most gender-unequal country in South America.

In some districts of Suriname, a lack of opportunities has left young people stuck in a cycle of poverty and unemployment. In the Para District, this is apparent from a high dropout rate at school, which is often caused by a lack of family resources or, among female students, teenage pregnancy. With no qualifications and low levels of literacy, people who dropped out of school struggle to find employment or earn an income.

The young people our project will support will develop knowledge, confidence and skills that will help them to break the cycle of poverty, low-literacy levels and unemployment – and to set up sustainable businesses that will create economic empowerment in their communities.

To do this, our project will provide entrepreneurial training to young people where they will learn how to set up sustainable businesses, and get the financial management skills needed to run and grow their businesses. The project will also provide information about personal budgeting, access to medical insurance and pensions and stimulate youth to act as role models in their communities.

The impact of this project will create long-lasting change, as the young people will pass on their newly acquired knowledge to other people in their community. This will give younger generations hope and hopefully inspire them to continue their education too.

Our project will help young people to set up sustainable businesses, and get the financial management skills needed to run and grow their businesses. The project will also provide information about personal budgeting, access to medical insurance and pensions and stimulate youth to act as role models in their communities.