Empowering Widows and Feminine-Headed Households Worldwide for Economic Independence
— Dr. Nagesh N. Borse, the Government Director, Global Fund for Widows
WASHINGTON, DC, UNITED STATES, October 13, 2023 /EINPresswire.com/ — The Global Fund for Widows (GFW) has been devoted to empowering widows and female-headed households worldwide by selling monetary independence and financial empowerment. All through its journey, the GFW has established practically 200 microbanks and has helped over 100,000 beneficiaries obtain financial empowerment. The efforts of GFW resonate with the article by Melinda French Gates, “How Leaders Can Increase Women’s Economic Power,” printed by the Gates Basis.
In her groundbreaking article, Melinda French Gates passionately argues for the pressing want for world leaders to help girls’s financial empowerment. She emphasizes that girls play a pivotal function on the planet economic system and that concerted efforts are essential to uplift them economically. Her phrases function an inspiration to organizations like ours and numerous girls who proceed to face the challenges of widowhood whereas striving to safe a sustainable future for themselves and their dependents.
GFW is devoted to turning this imaginative and prescient right into a actuality. We perceive that widows, who’re systematically and structurally marginalized and uncared for, expertise distinct challenges in the case of attaining monetary independence. Widows from everywhere in the world are strong-willed and possess important untapped potential, however they require extra sources and alternatives to make the most of their capabilities totally.
GFW has taken a number of initiatives to empower widows and guarantee they’ve entry to capital, entrepreneurial expertise, authorized schooling, monetary providers, and well being and wellness alternatives. Our imaginative and prescient contains a number of crucial parts, such because the Widows’ Financial savings and Mortgage Affiliation (WISALA) Program, which offers widows with monetary capital, mentorship, and coaching to start out and develop their companies. Moreover, we accomplice with native authorized establishments to advertise authorized rights literacy amongst widows. We additionally collaborate with governments, world and native NGOs, and the non-public sector to boost consciousness about widows’ challenges and advocate for coverage modifications that shield their rights.
Dr. Nagesh N. Borse, the Government Director, totally helps Gates’ effort to empower girls globally. He strongly believes that when girls’s monetary standing improves, so does their household’s welfare, thus leading to higher growth outcomes for communities and nations.
“We’re thrilled to work beneath the management of Melinda French Gates with the Gates Basis, who share our dedication to amplifying the financial energy of ladies globally. By revolutionary applications and partnerships, we purpose to uplift probably the most susceptible girls and contribute to the broader objective of ladies’s financial empowerment. We’re grateful to the Gates Basis for their continued management in championing girls’s rights and financial energy and sit up for working collectively to create a brighter future for widows worldwide,” stated Dr. Borse.
About Global Fund for Widows:
The Global Fund for Widows is the world’s largest non – revenue group economically empowering widows within the creating world. We do that by constructing our monetary inclusion innovation of the Widows’ Financial savings and Mortgage Associations, or “micro-banks,” which offer them with a everlasting
supply of capital to launch micro-businesses. So far, we have now constructed 185 banks worldwide, empowered 26,000 widows, and helped 64,000 of their kids throughout Egypt, Kenya, Tanzania, Nigeria, Cameroon, Malawi, and India.
The COVID-19 pandemic has drastically affected widows all over the world. To accommodate alarms of starvation emanating from world lockdowns, the Global Fund for Widows pivoted from constructing banks for widows to feeding the hungry and beginning small income-generating companies. In the previous few months, we’re proud to have provided widows with 6.5 million meals and launched 400 micro-enterprises.
Global Fund for Widows makes use of its success to advocate for widows on the United Nations Normal Meeting, United Nations Safety Council, United Nations Human Rights Council, US Congress, the UK Home of Commons, and the UK Home of Lords.
For extra info on the Global Fund for Widows and to get entangled, please go to www.globalfundforwidows.org or contact data@globalfundforwidows.org.
Dr. Nagesh Borse, Government Director
Global Fund for Widows
+1 202-802-1290
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