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Gender Sensitive Venture Capital,
Thailand
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The
Gender Sensitive Venture Capital (GSVC) project started in 1993, to
test a new financial instrument (commercial loan and equity
financing, that is, venture capital) targetting small scale women
entrepreneurs. The project promotes women's ownership of business
and financial assets, and trains women in entrepreneurial skills. |
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The
objectives are to:
- provide women in disadvantages
rural areas of Thailand with access to capital for enterprise
development activities
- increase women's opportunities
to own assets and establish linkages with mainstream financial
institutions
- invest in businesses that are at
least 50% owned by women, and
- enable the women to increase and
retain control over their incomes.
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The project had a seed
capital of USD150,000 and was piloted in the provinces of Khon Kaen
and Phitsanulok in North Eastern Thailand. It has funded small
enterprises in:
- bread making and sandwich making
- silk flower production from silk
cocoons
- vegetable growing and marketing
- basket weaving and marketing
- textile waving and marketing
- pottery making and marketing
- fish selling
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The women in this project have been
empowered by their participation in decision-making related to their
businesses.
Dated: 6Mar1999
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