In 2008, 91% of WWB’s operating funds went directly to program delivery and oversight. A geographic breakdown illustrates how WWB resources were distributed among developing countries. WWB values efficiency and continuously monitors its resources and prioritizes activities that leverage a modest investment to produce significant long-term impact.
As a large network of microfinance providers, WWB is able to leverage funds to attain a broad reach and a high level of sustainable results. Microfinance has also proven to have a multiplier effect. When a woman succeeds in building a business, she reinvests in her family’s well-being. Other women in her community are often empowered to do the same; thus multiplying the impact of one loan.
The power of microfinance is incredible: one small loan can truly change lives. Your donation can do the same. Microfinance institutions help the poor transform their lives by providing access to investment capital, financial information and other services including savings and health insurance. WWB works to strengthen these microfinance institutions, and in doing so we increase the outreach and quality of services offered to poor women around the world. To date, the WWB network has mobilized more than $4 billion in loans with an average loan size of under $1,000.
In Ethiopia, Adisue took her first loan of $150 to purchase a cow. She turned its milk into butter and cheese to sell in the local market. Six years later, Adisue has now acquired 5 cows, earns a steady income, built a new house and is able to send her children to school. Her hard work, and one small loan, has provided her the opportunity to have a more successful life than she could have ever imagined.
In rough times, Zahida was forced to pull her kids out of school to work. Her son pushes a vegetable cart in the crowded markets of India, while Zahida and her daugher hand embroider saris. With a loan of $200, Zahida is able to purchase the materials directly, instead of through a middleman, which has increased profits. As a result, Zahida hopes to soon be able to send her kids back to school.
After the restaurant where Delia lived and worked went out of business, her family was suddenly homeless. Delia turned to WWB's network member in Bolivia for a $1,000 loan to buy a portable stove, pots and pans, and started selling food door-to-door in her neighborhood. A few years later, Delia's business flourished. Nine successive loans later, she was able to purchase a home, open her own restaurant, and most important, ensure all four of her children got an education.