The Coca-Cola Company has launched the 5by20 program to empower 5 million women entrepreneurs in 200 countries by 2020. The company has initiated 5by20 program in 2010 to enable the economic empowerment of the targeted number in the esteemed time.
“In collaboration with our partners, we aim to help women entrepreneurs overcome the barriers they face to business success”, Coca-Cola said.
The company is helping women who produce ingredients, supply goods, distribute beverages, own shops, recycle packaging and create products from packaging. “Women are a powerful global economic force, but they are consistently undervalued.
We wanted to do something to change that, so we made a global commitment to enable the economic empowerment of five million female entrepreneurs by 2020”, the company informed.
The company is helping women overcome the barriers they face when trying to succeed in the marketplace offering training, financial services and connections with peers and mentors.
The program is currently working in more than 40 countries including Brazil, South Africa, Philippines, India, China, Mexico, Nigeria, Kenya, Uganda, Haiti and Egypt.
The empowered women aspire to own their own businesses, provide a good education for their children, and create the best life possible for their families. The company aims to provide the tools and skills needed to act on those dreams.