New York, January 23, 2025 – Girls’s World Banking is thrilled to announce an thrilling partnership, aligned with our mission to advance Gender Lens Investing. After six years of impactful work, Girls of the World Endowment (WoWE) has joined forces with, and transferred its property to, Girls’s World Banking.
Girls of the World Endowment was created by Endurance Marime-Ball with a daring imaginative and prescient that was dropped at life by the beneficiant assist of Dr. Ruth Shaber and different donors. Collectively, they aimed to shift the paradigm of capital allocation in direction of extra various groups and techniques that may drive higher monetary returns in addition to optimistic social and environmental change. Since its founding, WoWE has constructed a portfolio of impression investments, delivered key analysis and insights, and fostered a group of like-minded advocates devoted to its mission.
This mission will stay on and develop at Girls’s World Banking. This transfer permits Girls’s World Banking to increase the impression of Girls’s World Banking Asset Administrationfurthering its pioneering Gender Lens Investing method and funding technique, with the goal of selling girls as prospects, as expertise and as leaders.
Commenting on the announcement, Girls’s World Banking’s President and CEO, Mary Ellen Iskenderian, stated, “We’re excited to accomplice with Girls of the World Endowment and keep on their mission. This transition not solely validates Girls’s World Banking’s technique to increase into impression investing however confirms our management within the rising area of Gender Lens investing. We’re deeply grateful to the WoWE Board for putting their belief in our group as we construct on the vital work they’ve began.”
Commenting on the announcement the WoWE Crew mirrored, “Since our inception, WoWE has been devoted to investing in options that create lasting change at scale, with a give attention to girls as changemakers. Via this transition to Girls’s World Banking, we’re poised to construct upon this legacy, additional empowering girls and women to drive systemic transformation throughout numerous sectors.”
About Girls’s World Banking
For over 45 years, Girls’s World Banking has been devoted to serving the almost 1 billion girls excluded by the formal monetary sector. As an NGO, we accomplice with monetary establishments and policymakers to design, develop and implement options and applications that facilitate systemic change for girls. As an investor, we advance girls within the office and as prospects by direct fairness – to deliver them safety, prosperity, and independence. Since 2018 Girls’s World Banking has reached greater than 82 million girls serving to to vary not solely their lives but in addition of their households, communities, and nations. To study extra about Girls’s World Banking, go to womensworldbanking.org.
Media Contacts
Liz Richards, er@womensworldbanking.org
