Women’s World Banking designs and invests in the financial solutions, institutions, and policy environments in emerging markets to create greater economic opportunities for women worldwide. Founded in 1976, Women’s World Banking serves as an essential partner in its mission of sustainable, lasting change.
Benefits of Women’s World Banking?
It is not just a financial institution, but an inclusive finance solution designed to serve as many women and girls as possible. This makes it unique from other development institutions, where gaps often result in missed opportunities and prevent women from achieving their potential. Women’s World Banking has pioneered a holistic approach to financial inclusion for low-income women one that includes what’s needed to make money work for them, rather than against them. With over 25 years of experience providing Banking A Fire innovative financing solutions tailored specifically for low-income women, Women’s World Banking has shown that microfinance isn’t just an easy or quick fix, but can be done well. And it means different things to different people.
For some, World Banking is a microfinance institution that lends money to women who have never had access to formal credit. For others, it’s a chance to invest in businesses that they not only feel good about but also give them a fair return on their money. It’s about women having real choices for financial independence, advancing gender equality by supporting economic opportunities for women and girls, and about building sustainable communities through financial inclusion. As we celebrate our 25th anniversary year, we are proud of what we’ve accomplished together over the past quartercentury. But as excited as we are about our past successes, we’re even more excited about what lies aheadThe next 25 years will be even better! This recognition reflects Women’s World Banking innovative approach to providing high-quality financial services tailored specifically for lowincome women entrepreneurs worldwide and underscores our commitment to inclusive finance solutions designed with low income women at their core.
Why Invest in Women’s World Banking?
Women’s Banking invests in programs that help Women’s World Banking, open bank accounts, start businesses and save. Since our inception in 1976, we have worked to leverage financial inclusion as a catalyst for global development and gender equality.Our vision is a world where all people have access to safe and affordable financial services.Our mission is to empower women to escape poverty through financial inclusion and prosperity.We develop innovative partnerships with financial institutions, business schools, governments, and other investors to bring about systemic change in how finance serves society.We design impactful products that work for investors and market participants aliketo increase their investments in women’s programs worldwide.
More than 1 billion people around the world lack a bank accountmore than 70 percent of them are women. Of those who have an account, more than 100 million do not have access to a safe and secure place to save their money. However, when Women’s World Banking receive financial services they often reinvest their money into productive assets that contribute to economic growth in developing economies. Financial services such as microcredit loans and payments for poor households help lift communities out of poverty by providing increased liquidity, income, and food security through improved household management and food production.
Our investment Initiatives Women’s World Banking
Innovative microfinance loans in specific sectors, investments in financial and public policy initiatives, targeted research, and advocacy efforts to improve women’s opportunities all of these are strategies Women’s World Banking banks on when developing new markets. Our core financial programs Empowerment funds allow women to start businesses that support their families and communities. These loans also help build confidence as loan recipients attend a class meeting where they learn financial skills from other women in their community.
This peer-to-peer network helps new entrepreneurs avoid falling into a cycle of poverty common with large lenders that target low income populations. In addition to offering social services and direct job creation, our employment programs for poor women give them vital access to health care like prenatal and family planning care. Over the past 40 years, we have mobilized over $3 billion in capital to support more than 21 million women. The highest quality microfinance institutions are key to achieving these goals they provide low cost services, focus on increasing repayment rates and offer social services to help customers develop life skills and form strong community connections. Our innovative partnerships with Women’s World Banking give local communities a say in how their banks operate and encourage greater transparency in financial transactions. Together with our partners we also advocate for policies that level playing fields for poor women around issues like property rights, domestic violence laws, and health care systems.