Walmart Foundation announces USD 2 mn grant for strengthening 60 women-led FPOs

Screenshot 2023-02-27 at 15-37-43 remote.axd (WEBP Image 920 × 690 pixels)

This is the second project the Walmart Foundation is supporting after the success of the LEAP (Livelihoods Enhancement through Market Access and Women Empowerment) programme

Walmart Foundation on Thursday announced a USD 2 million (around Rs 16.32 crore) grant for a project that aims to transform 60 women-led farmer producer organisations (FPOs) into independent institutions over 30 months.

The grant, given to the project 'PROWFIT' to be implemented by an NGO Pradan, will aim to empower nearly 120,000 women to create viable smallholder businesses with a total cumulative annual turnover of USD 32 million, it said.

Source: Business Standard