On Monday, September 21st, Women’s World Banking, a network of 40 leading microfinance institutions and banks in 29 countries that bring financial products and services to low-income women entrepreneurs, launched the Center for Microfinance Leadership. MasterCard Foundation, founding sponsor of the Center, provided $3.1 million in funding to jumpstart the effort. Also among the Center’s partners are The Wharton School at the University of Pennsylvania and Creative Metier Limited.
The Center was founded on the premise that challenges were arising in the microfinance industry which needed to be addressed; among the most pressing include the increase in commercialization, decreased presence of women staff and rapid growth which have all threatened the quality of leadership in the economy today. In response to these challenges, the Center will provide workshops, coaching and support for CEOs and senior managers of microfinance providers, and develop the skills needed to steer institutions through this period of organizational change. It will also support high-performing microfinance providers in improving the gender diversity of their leadership team and staff to optimize performance.
Learn more about Women’s World Banking at http://www.swwb.org/
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