We believe that economic independence is the path to sustainable development – both for the individual and for society at large. For most people, work is the only secure path to economic independence. That is why PfC works to create jobs as an important instrument of enduring social change.
In developing countries, a large part of the population is employed in primary industries, and viable businesses are few and far between. According to the World Bank, 600 million new jobs must be created by 2020, most of them in Africa and Asia.
In cooperation with entrepreneurs, local populations and local authorities where we work, we evaluate how to bring about innovation that can become economically sustainable in the long run. Through identifying needs, competitive advantages and potential partners locally we gain an understanding of how we can contribute to holistic solutions.
Strategic, operational and financial support
We provide strategic and operational support. Our financial contribution is based on a pragmatic principle whereby we provide donations, loans, guarantees and direct investments, depending on what will be most effective for the project. We bring in partners and/or investors where appropriate.
To learn more about how we work, please click here.