Blog

 Why Supporting Women Entrepreneurs is the Key to Inclusive Growth

 Across developing countries, women entrepreneurs are building businesses against the odds. Yet, despite their ambition and resilience, they face unique challenges such as lack of access to finance, training, and networks. By supporting women entrepreneurs—especially in high-growth and non-traditional sectors—we can accelerate economic recovery and create more equitable societies.

Small Funds, Big Lives: Stories from the Streets

 Meet the women entrepreneurs transforming their communities one market stall at a time. See how a small donation becomes a life-changing investment

 

Across developing countries, women entrepreneurs are building businesses against the odds. Yet, despite their ambition and resilience, they face unique challenges such as lack of access to finance, training, and networks. By supporting women entrepreneurs, we can accelerate economic recovery and create more equitable societies.


Women entrepreneurs exchanging handmade products in a local market showing business growth and empowerment

Why International Women Business Owners Matter in Today’s Economy

April 15, 20261 min read

Why International Women Business Owners?

Women selling handmade products in a beach market business setting

You might wonder why we focus so specifically on marginalized groups of women, like street vendors or local market sellers. The answer is simple: because they are the backbone of their communities, yet they are the most likely to be ignored by traditional banks.

Imagine being a mother in a rural village or a bustling coastal town. You have the skills, the work ethic, and a loyal customer base. But because you don’t have "traditional collateral" (like a house or a massive bank account), the big banks won't even let you through the door.

When you support these women, the ripple effect is massive. Statistics (and our own eyes) tell us that women are more likely to reinvest their earnings back into their families: paying for school fees, better nutrition, and healthcare. Supporting a woman street vendor isn't just about helping her sell more mangoes; it’s about ensuring her daughter can finish secondary school.

The St. Lucia Reality Check

Let's talk specifically about our friends in St. Lucia. For many of these vendors, the "post-COVID" world is still a work in progress. They are incredibly dependent on the cruise industry. When a ship is in port, it’s a sprint. When the ships are gone, it’s a struggle.

The loss of tourism during the pandemic wasn't just a "bad quarter": it was a total wipeout of their livelihoods. These women didn't have "work from home" options. They couldn't pivot to Zoom. They needed resilience, and that’s what a revolving fund provides. It gives them the capital to weather the off-season and the confidence to grow when the tourists return.

https://risingphoenixfund.org/

Rising Phoenix Fund empowers marginalized women entrepreneurs through financial resources, mentorship, and business training—creating lasting economic impact and generational change.

Back to Blog

FOLLOW US

CONCTACT US:

Address:

3225 MCLEOD DRIVE SUITE 100

LAS VEGAS, NV 89121,


📞 Phone: +1 (667) 255-1889

📧 Email: [email protected]

EIN: 33-2465108

501(c)(3) non-profit organization

Copyright 2025. risingphoenixfund.org. All Rights Reserved.