Investing in women in Mexico City
In March, Bank of America and Vital Voices will bring the Global Ambassadors Program to Mexico City, Mexico for the first meeting of 2014. The mentoring program will connect women business leaders from Latin America and the Caribbean to senior women executives, who will help the participants access networks, gain expertise around strategic planning, and create impact in their countries’ economies.
Why invest in women? While women in Latin America and the Caribbean are increasingly participating in the economy, women still face barriers and gender inequities. Female workers are more likely to be in low productive sectors than men, and some evidence suggests that they do not receive equal pay compared to men. However, women’s participation in the economy has led to poverty reduction and increased equality. Helping to provide women entrepreneurs with access to networks and training will help integrate them into global supply chains.
The Global Ambassadors Program in Mexico will work focus on building an international community of social and business leaders from Latin America and the Caribbean who are committed to strengthening women’s economic empowerment, as well as aid in strengthening participants’ understanding of how they can advance their business objectives, thereby contributing to their countries’ overall economic success.
Mentoring walks: A global movement
The Global Ambassadors Program is founded on the importance and effectiveness of mentorship for businesswomen in the developing world. During the meeting in Mexico this week, most of the time our mentees spend with the Global Ambassadors will be in a more structured setting.
However, on March 8 – International Women’s Day – Global Ambassadors and mentees will participate in one of over thirty Mentoring Walks being held around the world.
The walks, organized by Vital Voices and supported by global sponsor Bank of America, are the brainchild of Geraldine Laybourne, founder and former CEO of Oxygen Media. Laybourne initially invited young female professionals to join her on her morning walk around the Central Park Reservoir in New York City after she received an overwhelming number of requests for advice and mentorship. The walks gradually expanded beyond New York to include cities around the United States and around the world.
This year, on International Women’s Day, mentoring walks will be held around the world and for the first time in three cities in the United States – San Francisco, Seattle, and Washington, D.C. Mentoring is crucial to empowering women professionals around the world, and we’re looking forward to joining this year’s walks.
To learn more about Global Mentoring Walks, please visit the Vital Voices website.