5by20 Artisans - Empowering millions, one woman at a time
5by20 is The Coca-Cola Company's global commitment to enable the economic empowerment of 5 million women entrepreneurs across the company's value chain by 2020. Through 5by20, we address the most common barriers women face when trying to succeed in the marketplace. In addition to access to market, this initiative offers women access to business skills training courses, financial services, and connections with peers or mentors – along with the confidence that comes with building a successful business.
According to figures from UNICEF, women perform 66 percent of the world's work but earn just 10 percent of the income. 90 percent of this amount is invested into families and communities.
In response, 5by20 strives to expand the opportunities for women to fully and equally participate in the global workforce. Since its launch in 2010, the program has reached a total of 865,000 women across 52 countries.
To do this, 5by20 uses the world's economy as a springboard to implement our programs that assist women throughout Coca-Cola's network of producers, distributors, recyclers, suppliers, retailers, and artisans. In conjunction with organizations like UN Women, TechnoServe, the Bill & Melinda Gates Foundation, and International Finance Corporation, Coca-Cola has connected women with training, stronger financial services and business relationships, and essential equipment to expand their businesses and benefit their families and community. Learn more about 5by20 and read success stories here.
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