Page 23 - ANNUAL REPORT 2024
P. 23

CHALLENGES &


      LESSONS LEARNED












                    1        Rising inflation and operating costs.
               CHALLENGES








                            Limited Access to Affordable       2
                            Credit.





                    3        Intense Market Competition.


















                                                                                                                  LEARNED
                   Integrated Approaches Work: Seed capital is most effective when
                   combined with capacity building, financial literacy and mentorship.

                  Collaboration Enhances Outcomes: Partnerships involving government,
                  private sector and local leaders foster a supportive environment for
                  youth enterprises.


                  Holistic Support is Key: Integrating economic empowerment with
                  psychosocial support and mentorship enhances youth resilience and                      LESSONS
                  promotes the sustainability of their businesses.












       19  Annual Report 2024
   18   19   20   21   22   23   24   25   26   27   28