AMMAN — Blumont, a global
non-profit development organization, and the European Bank for Reconstruction
and Development (EBRD) recently signed an agreement to promote the sustainable
economic growth of home-based businesses led by youth and women in Madaba, according
to the Jordan News Agency, Petra.
اضافة اعلان
In this pilot project, funded through the
Foreign, Commonwealth, and Development Office (
FCDO), Blumont will support the
establishment of a self-sustaining business hub in Madaba by partnering with
Kawon book store and cafe.
The business hub will support local home-based
businesses by helping them access development opportunities, markets to sell
their products and services, and micro-finance facilities to support the growth
of their businesses.
Under this agreement, Blumont will produce a
comprehensive case study to highlight the findings of the pilot project and
share it with the wider development cooperation partners and members of the
Livelihoods Working Group as a guiding document.
Caroline Haddad, Blumont Jordan country
director, expressed his pride in the partnership and said: "Home-based
businesses are the backbone of the Jordanian economy as they contribute to
employment, entrepreneurship, and sustainable livelihoods."
EBRD Director Philip ter Woort added that the
organization is “very happy with this partnership with Blumont and look forward
to creating a successful and sustainable model that can be duplicated in other
parts of Jordan and possibly other countries."
Rami Samain, regional inclusion specialist
from EBRD said that Kawon bookstore will ensure sustainability of the model.
Blumont will build the capacity of Kawon’s
staff to provide coaching and skills development support for local home-based
businesses. Kawon will then provide home-based businesses' with training
sessions covering a number of areas, including management, marketing, finance,
and business skills to facilitate their entry into the formal economy.
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