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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Youths in the Middle East deal with the world’s social problems such as high youth unemployment rates. As a solution, some are creating new businesses with a social purpose, such as tackling environmental issues, illiteracy or health, while also spurring job creation.