When women work outside the household, they earn, on average, far less than men.
They are also more likely to work in more precarious forms of employment with low earnings, little financial security and few or no social benefits. However, women’s economic empowerment is a powerful growth and development driver. Studies show that women’s economic empowerment has positive multiplier effects on nutrition, health and education in families and communities. It is for that reason that we focus our efforts on two programs that support and sustain such empowerment – micro credit and mentorship.
Women in developing countries need help getting access to capital to help them start or grow businesses. The concept of ‘micro credit’ – small loans distributed with low interest rates to groups of women who work together to pay off the collective loan – has been shown to work as a way to help empower female entrepreneurs who would not otherwise have access to capital.
Microfinance institutions extend very small, uncollateralised loans to impoverished people, generally women, who want to start or expand an income generating business. Internationally, TIAW partners with these extraordinary institutions:
In March 2025 TIAW will celebrate 45 years of service by launching a new educational series, drawing on the talents and strength of our members and awareness to women’s financial empowerment.