Commitment to Action

FITE - Financial Independence Through Entrepreneurship

Commitment by

Laufer Green Isaac, Dermalogica

In 2010, Dermalogica, the largest global employer of women entrepreneurs, in partnership with Kiva.org, the world's first and largest online microlending marketplace, committed to help 25,000 women across the developing world achieve Financial Independence Through Entrepreneurship (FITE). By launching a global education campaign, engaging millions of consumers in dialogue on the importance of women's financial independence and presenting an unprecedented interactive opportunity for actionable change through Kiva.org, the program will raise global awareness and generate microloans for women in developing countries to invest in their businesses and families. Since launching in January 2011, joinFITE has funded over 1,381 women entrepreneurs to start or grow their businesses; has facilitated lending of over $900,000 in new capital; has engaged over 36 million people in educational dialogue on the importance of investing in women; and was spotlighted by Secretary-General Ban Ki-moon during remarks he made in 2012.

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Overview
Summary

Commitment

FITE - Financial Independence Through Entrepreneurship

Launched

2010

Est. Duration

3 Years

Estimated Total Value

$120,500,000

Region

Asia, Africa, Latin America & Caribbean

Countries

AFGHANISTAN, ARMENIA, AZERBAIJAN, BENIN, BOLIVIA, BOSNIA AND HERZEGOVINA, CAMBODIA, CAMEROON, Democratic Republic of the Congo, DOMINICAN REPUBLIC

Commitment by

Laufer Green Isaac, Dermalogica

Partner(s) of the Commitment Maker(s)

Kiva.Org, 10x10: Educate Girls, Change The World