Why it Matters

70% of women-owned businesses in Africa and the diaspora fail due to a lack of proper structure, inadequate funding, and a skills gap that leaves them unprepared to sustain and grow.
Without access to capital, most women entrepreneurs struggle to keep up with rising demands. The pressure on their cash flow can become unbearable—pushing many to abandon their dreams before they truly begin.
But it’s not just about funding. They also need intensive business training and intimate, long-term mentorship—the kind that equips them to navigate adversity, build systems, and create sustainable growth.
Economists estimate that 1 empowered woman can positively impact up to 30 people in her community through reinvestment in health, education, and well-being.
Real Impact in Action: Through a microgrant initiative led by the GSMA Mobile for Development Foundation, women-led tech startups in Nigeria experienced a 35–50% increase in revenue within just six months. Even more powerfully, the program created over 1,200 jobs—all directly linked to microgrant recipients. This is the power of funding women with vision. When women rise, communities thrive.
At The Changeover Foundation, we meet these needs—one woman, one business, one community at a time. African women are the fastest-growing group of entrepreneurs in the world. 87% lack access to formal funding. A $500 microgrant can fund inventory, equipment, or expansion. Mentorship increases business success by over 70%. Women reinvest up to 90% of their income into their families and communities.

Changeover connects women across the globe to ignite sustainable development through mentorship, entrepreneurship training, microgrants, and service—empowering women to lead, grow, and thrive.

Why it Matters

Why it Matters Why it Matters

70% of women-owned businesses in Africa and the diaspora fail due to a lack of proper structure, inadequate funding, and a skills gap that leaves them unprepared to sustain and grow.

Without access to capital, most women entrepreneurs struggle to keep up with rising demands. The pressure on their cash flow can become unbearable—pushing many to abandon their dreams before they truly begin.

But it’s not just about funding. They also need intensive business training and intimate, long-term mentorship—the kind that equips them to navigate adversity, build systems, and create sustainable growth.

Economists estimate that 1 empowered woman can positively impact up to 30 people in her community through reinvestment in health, education, and well-being.

Why it Matters