Economic Empowerment and Financial Literacy
PK programs provide tools for women, many of whom are under great stress, toward self-sufficiency and self-actualization, helping them to take control of their financial lives and fine-tune their professional skills.
In 2019, Project Kesher Israel’s Financial Independence Program for Russian-speaking immigrants offered 25 training sessions, educating 289 people in nine cities. After the course, participants 60 years old and above, living on $20,000 a year saved an average of $1,100 per person. Younger participants, with greater annual income saved between $1,800- $,2200, after training with PKI. With an investment of $25,000, participants saved nearly 318,000 - approximately 1,200% return on investment.
In 2021, the Project Kesher Belarus team helped Loudmila Udler, previously a stay-at-home mother and active Jewish community member, turn her artistic hobby of making “Matryoshka” Russian nesting dolls into a profitable business with months of backorders.
An ENtrepreneur’s story
Recently, the Project Kesher Belarus team helped Loudmila Udler, previously a stay-at-home mother and active Jewish community member, turn her artistic hobby of making “Matryoshka” Russian nesting dolls into a profitable business. When the COVID-19 pandemic hit, her husband and oldest son were in Israel and got stuck there, while Loudmila was alone in St. Petersburg, Russia, with her two younger children. As the economic situation worsened, Loudmila applied to participate in PKB’s Women’s Leadership Training Program, which offered workshops on personal branding, public presentation, and business and self development. Read the full story here.