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."
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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”