Why is a Social Enterprise?
Social entrepreneurship has had significant impact around the world. Craft enterprise has proven successful in job creation, skills development, peace building, women empowerment, economic growth, and cultural enhancement. Handicrafts are an important productive sector and export commodity in developing countries. In Armenia, approximately 40% of the population lives at some level of poverty. The money received by our craft partners from the sale of their goods supplements their monthly household incomes. HDIF's seeks to promote financial stability, create stronger families, and stimulate sustainable rural communities, especially along Armenia's border regions.