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From Artisans to Entrepreneurs through the Development of Social Enterprise

JUNE, 2012 By NESsT In Ecuador, social and economic indicators are trending upwards, inviting opportunities for international and local investors. Texsal WomenWith substantial oil reserves and a rich agricultural terrain, an 8.37% decrease in overall poverty in the last 5 years, an annual modest but increasing growth rate of 3.2%, and a GDP per capita of US$3,700, economic trends point to a promising investment climate.  However, despite these external success indicators, poverty and unemployment are still evident throughout the country. In Ecuador, there are currently 14.5 million people living in a geographic area roughly the size of the US state of Colorado; 4.5 million of them are employed or actively looking for employment. Twenty-eight percent of the overall population still lives at or below poverty levels, and this is exacerbated in the rural areas wh....

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