In Argentina, high school dropout rates are close to 20% and 1 in 3 unemployed persons is a young adult between the ages of 18 and 24. This age group not only has the highest unemployment rate in the country but also, it is the segment that has benefitted the least from the recent financial upswing.
Reciduca prepares and places low income high school graduates with local companies To prepare the youth, Reciduca provides training and paid internship opportunities to the students while still in high school preventing them from dropping out. Reciduca plans to scale number of students placed in next four years.
- The social enterprise placed 109 at risk youth in the labor force in 2012.
- Annual income of social enterprise grew by 142% from 2010 to 2012.
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Enterprise Development Manager