looking forward & looking beyond: policy challenges in promoting women entrepreneurship in...

LOOKING FORWARD & LOOKING BEYOND:

POLICY CHALLENGES IN PROMOTING WOMEN ENTREPRENEURSHIP IN PAKISTAN

PC HOTEL, LAHOREFEBRUARY 14, 2013

Tara Uzra Dawood

CEO, Dawood Capital Management Ltd. * President, Dawood Global Foundation * Founder, LADIESFUND®

@ladiesfund @tudawood #leadconf

1www.dawoodglobal.orgwww.ladiesfund.com2

The most common way people give up their power is by thinking they don’t have any – Alice Walker

DAWOOD GLOBAL FOUNDATION & LADIESFUND®

www.dawoodglobal.orgwww.ladiesfund.com3

Dawood Global Foundation inspires*educates*connects women through @ladiesfund

A tax exempt foundation audited by Ernst & Young Ford Rhodes Sidat Hyder

Established LADIESFUND® in 2007

LADIESFUND® is:An initiative to provide financial security to women and to promote and train women entrepreneurs. Integrates the entrepreneurial needs based on the economic and social aspects of the local communities, with respect to greater women participation in the workforce. Began its mandate in Pakistan and currently has 140 local and international partners. LADIESFUND® recognizes women achievement through awards, educates women through conferences and workshops, and connects women to each other and local and national resources, empowering them to be a part of and leaders of the She-Economy.

ROLE IN EMPOWERING WOMEN ENTREPRENEURS

WHAT I DO?


Live your passion … be a suitcase entrepreneur … be paid to exist

12,000 + women and youth in our network

Over 3,500 people have attended our events

140+ partners globally

LADIESFUND® Scholarships

LADIESFUND ® Mentorships

LADIESFUND® Internships

LADIESFUND® Fellowships

LADIESFUND® Magazine

LADIESFUND® Entrepreneurship Conferences

LADIESFUND® Women’s Awards

LADIESFUND® Women of Influence Luncheons

LADIESFUND® E-Daily newspaper

Coming soon … LADIESFUND ® Companies to Watch

DCM KNOWS HOW TO MANAGE A WOMAN’S MONEY


You are worth more than you think!

DCM SPECIALIZES IN MANAGING MONEY ESPECIALLY FOR WOMEN

ASSET MANAGEMENT SERVICES INVESTMENT ADVISORY SERVICES

Investment products offerings with:

Highly regulated open end mutual funds schemes.

Professional Management. Higher management and

regulation fees and charges. Market compatible returns. Minimum startup sums

required.

Investment products offerings with:

low regulated SMA portfolios. Professional Management. Lower fees and charges Higher than market returns. Higher startup sums required.

GLOBAL SNAPSHOT OF WOMEN IN THE MARKETPLACE


Surveys reveal 91% of women feel advertisers don’t understand them

Almost 50% global population is women

Globally 35% of the total wealth is own by women

85% of all brand purchases are made by woman

3% of advertising agency directors are female

PAKISTAN FOCUS


#LEADConf discusses Pakistan making strides in gender equality

Pakistan scores low on indicators for gender equality, ranking

125 out of 169 countries on the United Nation Development

Programme (UNDP) Gender Inequality index and 132 out of

134 countries on the Global Gender Gap index.

The Constitution of 1973, in its Principles of Policy section,

declares that “steps shall be taken to ensure full participation

of women in all spheres of national life” (Article 34).

Source: LEAD Pakistan, Labor Laws, Gender and Reproductive Health:An Analysis of Pakistan, Dec’12

KEY CHALLANGES

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WOMEN HAVE LOW PRESENCE IN THE WORK FORCE

WOMEN DON’T GET TRUE MATERNITY LEAVE

WOMEN DON’T HAVE MANY DAY CARE FACILITIES

WOMEN HAVE LOW PRESENCE IN UNIONS

BOSSES FEAR SINGLE WOMEN WILL MARRY & LEAVE

www.dawoodglobal.orgwww.ladiesfund.com

Pakistani women's participation in the formal labour

force is still among the lowest in the world the

workers are not eligible to any benefits or rights.


KEY CHALLANGES

WOMEN HAVE LOW PRESENCE IN THE WORK FORCE


WOMEN DON’T GET TRUE MATERNITY LEAVE

According to the Pakistan Labour Laws, women have

a right to maternity leave but in most cases it is

considered a favour by the employers rather than a

right of the mother.

KEY CHALLANGES


WOMEN DON’T HAVE MANY DAY CARE FACILITIES

Mothers with small children have no concessions or

any spaces provided as baby crèches as a result

women with young children are forced to abandon

their work. There are also no provisions in the law

for post-delivery conditions.

KEY CHALLANGES


BOSSES FEAR SINGLE WOMEN WILL MARRY & LEAVE

No protection in law regarding age discrimination.

Women of reproductive ages are discriminated

against by employers who fear that they will not be

able to deliver as much as required.

KEY CHALLANGES


WOMEN HAVE LOW PRESENCE IN UNIONS

Women workers have minimal or no participation in

the trade unions due to their perceived marginalized

role in the employment sector.

KEY CHALLANGES

KEY STRENGTHS

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EMPOWERING WOMEN IN AGRICULTURE INCREASES PRODUCTIVITY – 10% MORE CROP YIELDS

WOMEN HELP FAMILIES & COMMUNITY

EDUCATING GIRLS GROWS THE ECONOMY

WOMEN ARE FAIRER LEADERS

WOMEN PAY BACK MONEY OWED


Women make up 43% of the agriculture labor force

globally and are less likely to own land, when women

do own the same amount of land as men, there is

over a 10% increase in crop yields. Women are the

principle producers of foods eaten by over 90% of the

poor around the world.


KEY STRENGTHS

EMPOWERING WOMEN IN AGRICULTURE INCREASES PRODUCTIVITY – 10% MORE CROP YIELDS


WOMEN HELP FAMILIES & COMMUNITY

Women have a proven record to pay forward. They

know how to utilize money, resources and ideas with

wisdom and creativity to make better choices.

Women are more likely than men to put their income

back into their families and communities, driving

illiteracy and mortality rates down and GDP up.

KEY STRENGTHS


EDUCATING GIRLS GROWS THE ECONOMY

When 10% more girls go to school, a country’s GDP

increases by 3%. When women are educated and can

earn and control income, even more good results

follow: infant mortality declines, child health and

nutrition improve, agricultural productivity rises,

population growth slows, economies expand and

cycles of poverty are broken.

KEY STRENGTHS


WOMEN PAY BACK MONEY OWED

Investments in women extend to the world around

them. Women don't just pay back microloans, but

also more likely than men to share the rewards of

microfinance and contribut towards rising GDP.

KEY STRENGTHS


WOMEN ARE FAIRER LEADERS

Countries where women’s share of seats in political

bodies is greater than 30% are more inclusive,

egalitarian and democratic, according to USAID.

Women are more likely to prevent conflict and

achieve reconciliation after conflict has ended.

KEY STRENGTHS

WHY DOES ENTREPRENEURSHIP FOR PAKISTAN MATTER?


The She-Economy is critical to powering the economy

Economic expansion

Increasing competitiveness

Engaging and acknowledging women powers our economies

Enabling all to participate in the economic life of a nation

Contribute to the global GDP

Narrows the gap between the developed and the developing countries

In Pakistan, 37% of Financial Decisions are taken by Women

Readers Digest

21


Asian Women are key to powering the World Economy

Incorporate appealing to women buyers into your marketing strategies.

Hire more women.

Help train women at conferences, workshops, online forums, etc. like LEAD Pakistan is doing.

Educate grassroots girls (such as through our LADIESFUND® scholarships – contact [email protected]).

HOW YOU CAN GET INVOLVED IMMEDIATELY!


For as little as $1500/year through @ladiesfund, you can put a grassroots Pakistani girl

through a top University in Pakistan

mailto:[email protected]

Thank You!

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Tara Uzra Dawood President, Dawood Global Foundation & @ladiesfund

looking forward & looking beyond: policy challenges in promoting women entrepreneurship in...

Documents

ladiesfund companies

women achievement

global snapshot of women

train women entrepreneurs

greater women participation

leadconf slide

higher management

female slide