About Fundación WWB Colombia
Fundación WWB Colombia: Empowering Entrepreneurs and Promoting Social Responsibility
Fundación WWB Colombia is a non-profit organization that has been working towards promoting the development of entrepreneurial skills and knowledge in Colombia for over 30 years. The foundation was established in 1981 by the Women's World Banking (WWB) network, which is a global microfinance organization that aims to empower women entrepreneurs worldwide.
The primary objective of Fundación WWB Colombia is to promote economic growth and social development by providing access to financial services, training, and technical assistance to small business owners, particularly women. The foundation believes that entrepreneurship can be a powerful tool for poverty reduction and sustainable economic growth.
Over the years, Fundación WWB Colombia has developed various programs aimed at supporting entrepreneurs at different stages of their business journey. These programs include microcredit loans, savings accounts, insurance products, training workshops on business management skills such as marketing strategies or financial planning.
One of the most significant achievements of Fundación WWB Colombia is its contribution towards reducing gender inequality in entrepreneurship. According to statistics from the Global Entrepreneurship Monitor (GEM), only 22% of Colombian entrepreneurs are women. However, thanks to initiatives like those offered by Fundación WWB Colombia, this number has been increasing steadily over time.
In addition to promoting entrepreneurship among women and other marginalized groups in society, Fundación WWB Colombia also focuses on promoting social responsibility among businesses. The foundation believes that companies have an essential role to play in creating positive social change through responsible practices such as environmental sustainability or ethical labor standards.
To achieve this goal, Fundación WWB Colombia offers various training programs aimed at educating businesses about their social responsibilities and how they can integrate these into their operations effectively. Additionally, the foundation provides support for companies looking to implement socially responsible practices through consulting services or access to financing options specifically designed for these purposes.
Overall, Fundación WWB Colombia's work has had a significant impact on Colombian society by empowering entrepreneurs with limited resources while also promoting socially responsible business practices. Through its various initiatives aimed at supporting small businesses' growth and development across different sectors of society – including rural areas – it continues making strides towards achieving its mission: "to promote sustainable economic growth through entrepreneurship while fostering social responsibility."
fundacionwwbcolombia.org