Mastercard aims to advance women's economic potential by closely coordinating with the United States Agency for International Development (USAID) in support of the White House's Women's Global Development and Prosperity Initiative (W-GDP).
Mastercard will set to empower women in developing countries and improve their access to formal financial through these 3 core programs: skills training, business development, and advocacy.
Ann Cairns, vice chairman of Mastercard, said that when women work, economies grow. "Bringing the public and private sectors together will truly empower women and support them as catalysts for growth, innovation and social change. Their ambitions to build successful businesses can fuel stronger, more sustainable economies." Read the Entire Article
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Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.