WWB has been empowering women around the world for more than 30 years. We have been able to do so through generous donations from individuals like you. Your donation can help a woman like Sylvia, who took her first loan of $600 from WWB’s affiliate Uganda Finance Trust twelve years ago. She used the loan to open Queen’s Hair Beauty Salon, which is today a successful business. Sylvia believes that she is helping African women by increasing their self-esteem and by providing a venue for women to come to together to bond and discuss business.

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Kabite Prosy Kibirige is one of the largest distributors of household wares in Entebbe, a city of approximately 70,000 in southern Uganda. Her wholesale business earns up to UGS 700,000 (US$ 300) a day. This success however comes after nearly 14 years of perseverance and hard work while taking care of her family. Her husband of 36 years does not have steady employment, leaving her as the primary provider for three boys and two girls, including two HIV-positive sons and a number of other dependants.

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Citigroup and WWB will partner with the Association of Microfinance Institutions of Uganda (AMFIU) to deliver a workshop in Kampala, Uganda, on financial risk management for microfinance institutions (MFIs). The workshop – the first in Africa to be delivered through the Citi/WWB partnership – will be held from April 11-13, 2007, and will help East African MFIs develop clear financial risk management strategies and systems, so that they can protect and sustain profitability, and gain increased access to capital to fuel their institutional growth and client outreach.

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WWB has embarked on a program to introduce savings into the product mix of several of its network members, helping them to meet the evolving needs of their clients. WWB Network members that are currently implementing savings programs and products cover the globe and are in various stages of the process, ranging from the pilot phase to allowing clients to channel money from remittances into goal-oriented savings products. Savings can greatly benefit low-income entrepreneurs, giving them a means to build assets, such as housing, and attain long-term goals and financial security.

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