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Press release: Visa Launches Foundation With Inaugural Grant to Women’s World Banking
At the heart of the Visa Foundation is the belief that micro and small enterprises are the backbone of the global economy. In fact, small and medium enterprises account for more than 90 percent of enterprises worldwide, and contribute 50-60 percent of global employment. However, these segments struggle to access the financial tools, capital and training programs required to enable them to fully thrive. The Visa Foundation’s core mission is to support efforts to rectify this imbalance.
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The female micro-entrepreneurs disrupting India’s garment trade
Industree Foundation has reached 30,000 women artisans across India and Africa, through collaborative efforts with organizations such as India based retail group Future Group, and IKEA, which teams up with social enterprises in India for its Next Gen initiative, which aims to enable social entrepreneurs to gain access to global markets.
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- South Asia
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Good Intentions Are Not Enough: How Microfinance Can Truly Serve Low-Income Women Entrepreneurs
Smaller businesses require smaller loans, which are generally less practical or profitable for financial institutions. Group lending solves these issues for institutions – but it’s not always ideal for customers, who often prefer an individual loan. With support from MetLife Foundation grantee Women’s World Banking, Egypt’s Lead Foundation set out to design and deliver this type of product – specifically to low-income women entrepreneurs.
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Adding the Secret Sauce: The Recipe for Turning Young Social Entrepreneurs into Impactful Leaders
Six years ago, Alanna Sousa couldn't even pronounce the word 'entrepreneurship,' but she soon fell in love with social entrepreneurship. Sousa recounts her journey from naively opening a 'consultancy for social impact' in her native Brazil to learning the importance of mentoring and coaching for success in the social business sector. She now works for the Global Good Fund, which trains young entrepreneurs to tackle urgent social problems.
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Why CEOs of socially responsible companies face a higher risk of getting fired
As a consumer, you may feel a little better knowing that stores where you shop pay their workers a fair wage, hire a diverse workforce and avoid polluting the environment. But if you’re a CEO trying to run your business in this way — known as practicing corporate social responsibility — you may actually be taking on an unexpected personal risk, a new study finds.
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Lusia Kiroyan: Empowering female inmates through batik-wearing dolls
Since setting up the Cinderella from Indonesia Center (CFIC) foundation in 2012, she has empowered over 740 female inmates at two penitentiaries in Riau Islands and one in Jakarta to make dolls with dresses made of used batik attire or fabrics.
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- Asia Pacific
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British Council: US Social Enterprises Make Strides but Lag on Gender Equity
The report, done in cooperation with the US-based Social Enterprise Alliance, is titled “From an Activist to Entrepreneur: The role of social enterprise in supporting women’s empowerment in the US,” and is meant to be the first in a series of country studies.
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- North America
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