Los Angeles-based social selling apparel business CAbi, launched the W.E. are CAbi (Women Entrepreneurs Are CAbi), the first ever one-for-one microlending program.
In partnership with Opportunity International, the global non-profit financial services organization, CAbi will fund small business loans and training programs to support female entrepreneurs in developing countries, in the name of every new CAbi consultant who starts her own business. By providing the financing and mentorship to empower women to start their own businesses, W.E. are CAbi is projected to create and support approximately 8,200 jobs, impacting over 35,000 people in developing nations by 2020.
“CAbi has always provided consultants the opportunity to realize their dreams through starting a business to support a better financial future for their families and communities. We are so proud to now extend the gift of that transformational opportunity to women around