Center For Socially Responsible Business< Lokey Graduate School of Business, Mills College Lecture 9Feb2009, Karuna Jaggar, Executive Director, East Bay, Women's Initiative "The Power of Microenterprise: Inspiring High-Potential, Low-Income Women Entrepreneurs"

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8. People, Profit, Planet
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14. Creating Quality Jobs
•57% of participants reported employing others or self employment for themselves
•The average Women's Initiative client business pays $16.45 an hour in wages, over double
the minimum wage in California. This wage is especially impressive given that many client
businesses operate in sectors such as housekeeping and food service that traditionally pay
close to minimum wage.
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15. Giving Back
•In the past year, 79% of Women's Initiative clients donated money or made an inkind
donation, compared to 45% of all Californians. Donations averaged over $1,020.
•69% of clients volunteer regularly
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16. Building Community
Women microentrepreneurs not only create thriving businesses, but also support their
communities as mentors, volunteers, patrons and civic leaders. As business owners,
women are choosing to redefine success by serving people and the planet while building
wealth.
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17. Some Women’s Initiative graduates, from Day One, place a priority on conserving natural
resources, minimizing waste, and recycling.
A recent survey of graduates indicates that a majority say they use some environmentally
friendly practices in their business, such as buying low‐wattage light bulbs, recycling paper,
and saving fossil fuel by buying locally.
Others are doing much more: some have been certified green by a government agency,
others are practicing sustainable business, and others are innovating in recycling.
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