Venezuela's economic crisis has led to challenging living conditions for millions. In 2019, nine out of every 10 Venezuelans were living below the poverty line. This situation has driven more than 5 million people to flee Venezuela. Of the Venezuelans who have left and crossed international borders, it is estimated that at least 40 percent are women.
The BetterTogether Challenge is working to foster economic empowerment for Venzuelan women fleeing the economic crisis in Venezuela and their host communities in Latin America and the Caribbean.
When entering a host country, Venezuelan women often face extreme poverty, workplace exclusion, and an inability to participate in the formal labor market, especially without the proper documentation. They face a double burden as they struggle to survive in the host country, while also sending remittances to support their loved ones back in Venezuela.
However, the addition of Venezuelan women to the labor force has the potential to drive new growth opportunities. Venezuelans fleeing the economic crisis are often well-educated and offer skills missing in their host communities. Including them in a country’s labor force produces economic benefits.
The BetterTogether Challenge is a global initiative to crowdsource, fund, and scale forward-thinking solutions from anywhere in the world to support Venezuelans and host communities affected by the regional crisis. BetterTogether is a partnership of the U.S. Agency for International Development and the Inter-American Development Bank.
The information provided on this website is not official U.S. Government information and does not represent the views or positions of the U.S. Agency for International Development or the U.S. Government. The information also cannot be attributed to the Inter-American Development Bank, its representatives, or member countries.