Maputo, Mozambique, February
22, 2011—IFC, a member of the World Bank Group, said today that 50
women entrepreneurs have acquired new business management skills using
IFC’s Business Edge training product, skills that will increase their
productivity and improve their access to markets and to finance.
IFC delivered the two-week training
under existing partnerships between Banco Comercial e de Investimentos
(BCI) and IFC’s Women in Business and SME Management Solutions Programs.
The women were grouped according to their business management needs, and
participants completed at least three courses each. Topics included budgeting,
controlling cost, business planning, caring for the customer, selling skills
and marketing strategy.
The training will help the women
entrepreneurs better manage their businesses, use strategies to more effectively
deal with clients and suppliers, and develop business plans to gain access
to finance through BCI. Two Business Edge training partners in Mozambique,
Process and International Capital Corporation, provided the training.
“I liked the training because
it is very practical,” said Rezia Claudia Nhancale, a woman entrepreneur
who attended the training. “I will use the skills gained during the training
to improve my business.” Rezia runs a small boutique in Maputo and
employs 4 other women.
Business Edge is an IFC management
training tool designed to support SME owners and middle managers of large
firms. IFC hires local trainers who are trained and certified.
IFC Business Edge has seven partners
Mozambique: Escola Superior de Negócios e Empreendedorismo de Chibuto;
Sociedade de Investimentos; Formoprojectos; Eurosis - Consultoria e Formação
em Gestão; Process - Consultoria e Formação; International Capital Corporation;
IFC works closely with its partners
in Mozambique to help organize educational events, identify training needs,
customize content, manage training activities, ensure quality, and to evaluate
the impact of the training for Mozambican clients.
IFC, a member of the World Bank
Group, is the largest development institution focused on the private sector
in developing countries. We create opportunity for people to escape poverty
and improve their lives—by providing financing to help businesses employ
more people and provide essential services, mobilizing capital from others,
and delivering advisory and risk-management services to ensure sustainable
development. In a time of global economic uncertainty, our new investments
climbed to a record $18 billion in fiscal 2010. For more information, visit
About Business Edge
Business Edge is IFC’s comprehensive
range of practical and flexible management training solutions, specially
designed to improve the performance of small and medium firms and middle
management of corporate firms.
To date, Business Edge has been
rolled out in more than 30 countries and more than 120,000 entrepreneurs
were trained through a network of 350 certified trainers. Flexible in its
application, Business Edge is reducing the skills gap of very different
populations, often underserved or not served at all. Twenty-four percent
of all BE trainees are women, IDA and conflict affected countries represent
59 percent of the regions currently served by BE and 26 percent of all
BE trainees come from conflict-affected
countries like Iraq and
Recent partnerships with banks,
microfinance institutions and major
corporations are presenting
new opportunities. Tailored BE services have been delivered to clients,
as well as distributors and suppliers in corporate
value chains, and corporate
middle managers. For more information, visit www.businessedge-africa.com.
About SME Toolkit
The SME Toolkit was launched
in 2002 by IFC. In Sub-Saharan Africa, the SME Toolkit network covers
Benin, Kenya, Rwanda, Madagascar, Nigeria, Senegal, South Africa, and Zambia.
The sites enable users to search and browse content, list their businesses,
and create Web pages in a searchable business directory. Users are also
able to network by participating in multilingual community forums on key
business management topics. The SME Toolkit content can also be distributed
on CD-ROM and mobile phones. In 2006, IFC partnered with IBM (www.ibm.com)
to strengthen and expand the Toolkit’s capabilities.
Globally, to-date the SME Toolkit
is available through 31 Web sites and in over 17 languages throughout the
developing world. In many of these markets there are no other comparable
on-line support resources for small businesses in the local language. The
Toolkit receives over 4.5 million unique visitors per year. For more information,