Founded in 1995, Prospera (which was formerly known as WAGES) is a nonprofit organization that raises start-up capital and provides technical assistance to promote the economic and social well being of low-income women through cooperative business ownership. As of 2014, Prospera has supported the development of 5 successful eco-friendly house-cleaning employee-owned cooperatives that together employ 95 women who earn above market-rate wages, and is about to launch its sixth cooperative, which will make and sell paletas (Mexican popsicles). Also committed to field building, Prospera has created a series of web-based tools and offers training seminars to help others planning cooperative development projects.
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