Money alone might improve extreme poverty; economic justice requires more. When Upaya looks for companies that create dignified jobs for the poor, we evaluate questions of reliability, safety, and fundamental respect in addition to the economic benefits.
Upaya Social Ventures today announced its exit from its longstanding equity position in Tamul Plates, an Assam-based social enterprise that produces and markets high-quality, all-natural disposable plates and bowls made from arecanut (palm) tree leaves, all while creating jobs throughout a sustainable value chain.
“There hasn’t been a better time to be a woman entrepreneur”, said Ekta Jaju, Founder of ONganic in one of the conversations we had with her last year. This stuck with me. And it’s absolutely true, but I only partly agree.
Woman agripreneur and Upaya Partner Siddhi Karnani of Parvata Foods is breaking stereotypes in the highly male-dominated agriculture industry in India. Read the article on globalcitizen.org >>
Earlier this year, we at Upaya wrote about the tenacious female founders in our portfolio and how their companies were outperforming the others. We asked them what piece of advice they would give to other aspiring women entrepreneurs. From their insights, several themes emerged. . .
Representing Upaya at the Clinton Global Initiative for a second year in a row, I was honored to meet Secretary of State Hillary Clinton and share with her Upaya’s successful completion of its Commitment to Action — to double the number of jobs in our portfolio over the past year! The timing could not have been better, either, as Secretary Clinton told the assembled members earlier that day that “We need to provide the support systems that enable … the array of opportunities that women at all ages should have.” I was heartened by this statement, and could not agree more when she followed it up by asserting “work is an essential part of one’s purpose in life.”
A common theme during the meeting was the empowerment of women and girls all over the world, and the discussions made me reflect on our own experience as an organization that has now promoted entrepreneurship for over three years in India’s poorest districts.
We’ve seen with our own eyes the power of women in the workforce. A woman who earns is far more likely to provide nutritious food for her family, send her children to school and save for the future.
We have seen the effect that a woman’s job has on her daughters — they start to believe that they too can be productive and more independent when they are older. They aspire to stay in school, reject the notion of early-teen marriage, and collectively perpetuate a virtuous cycle that will lift their communities out of poverty.
Women entrepreneurs are an especially powerful breed — they are fearless, have overcome seemingly insurmountable societal obstacles to pursue their dreams, and run their companies with a devotion and purpose that is infectious. These entrepreneurs are committed to hiring other women, counseling them through their own challenges at home, and providing a safe haven for them in the workplace. Women helping women, women helping girls … it’s a natural rhythm we kick off when we equip just one in a community with the funds and the right tools to start a business.
Upaya is more determined than ever to identify the women leaders of tomorrow in India and nurture their incredible potential. And after my recent experience, I know we’re not in this alone.
Upaya is proud to join Global Washington and the Seattle Center's Next 50 campaign in taking a stand for women and girls around the world.
Please join us September 22nd at the Seattle Center to learn more about Upaya and the community!
Click http://bit.ly/USV4women to learn more.
Update
on 2012-10-30 19:22 by Upaya
Steve discusses Upaya's evolution at the Stand for Girls event:
Upaya Social Ventures is a registered 501(c)(3) nonprofit organization.
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