Women’s World Banking raises money to provide women with the resources and tools needed to become successful entrepreneurs in their respective regions.

The organization operates primarily in Africa, Asia and Latin America, but has left footprints in other regions, such as the Middle East and Western Europe.

Women’s World Banking recognizes that although many women globally use their earnings to give back to their families and communities, the demographic continues to be underserved and underrepresented.

Once the group determines the tools needed to empower successful female entrepreneurs, they network with financial institutions to guide women through the business startup process.

Women’s World Banking consists of an executive team, staff members, fellows and a board of directors, all of whom help keep the organization afloat. These individuals have dedicated themselves to the development of innovated products, micro-insurance programs and enterprises.

The team helps women develop credit, savings and insurance programs that fit their needs. Through research and on-the-job experience, the organization also creates innovative methods that they share with hardworking women throughout the world.

This year, roughly 530,000 women have accessed tools and resources provided by Women’s World Banking, with the total participants each year totaling over one million. Eighty-five percent of people participating in their leadership programs each year are young women looking to make a living for themselves and their families.

For more than 35 years, Women’s World Banking has created and networked with more than 38 organizations dedicated to empowering women throughout these regions, leaving a worldwide impact on the state of poverty found within predominantly female areas.

– Julia Hettiger

Sources: Womens World Banking, Microfinance Gateway, Friends of Women`s World Banking
Photo: Flickr