The goal of Women’s Global Empowerment Fund is to provide economic opportunities, giving women the tools necessary to create sustainable development. By looking back at global precedents and looking forward to what is possible, Women’s Global is poised to create a sustainable organization based on our current Credit Plus model and the belief that the true power of microfinance is in its potential to transform. We believe this transformation can only happen if our program continues to be relevant and provocative.
Women’s Global Empowerment Fund was founded upon the belief that microfinance can be a revolutionary concept, and when bundled with educational programming, can build social capital and increase the potential for women’s empowerment and success. It is this belief that created our Credit Plus program.
Women’s Global Credit Plus program combines microcredit services with health, nutrition, family planning, and basic business education into a single service reaching under served women in cities, villages and rural areas. Through our Credit Plus program, participants will receive a microcredit loan bundled with social and educational services, allowing them to create an opportunity for sustainability, increased food security and health and nutrition. Investing in women and families by creating a social network provides not only small business loans, but educational opportunities as well. This can help women to build livelihoods and a brighter future for the families. Our program goal is poverty reduction, human security enhancement and women’s empowerment. Our motivation is the belief that very poor women can rise above poverty with dignity.
In the second quarter of 2011 WGEF gave out 131 new loans, included 20 new borrowing groups; average loan size is $31 usd; loans at risk remains at 0. Please visit our website for more information, www.wgefund.org
client and founder in her village