women-owned businesses

How Investing in Women Helps Everyone During a Pandemic

Article

by Ebony Perkins, Investor and Community Relations Manager at Self-Help Credit Union

Can women really have it all?

Women have made much progress in the last century. They gained the right to vote, currently earn a higher percentage of college degrees than male counterparts, and represent more than half of the American workforce. Despite their strides, women have been disproportionately impacted by the pandemic’s economic effects, and their progress is in jeopardy.

As Important as Ever: Microloans for Women-Owned Small Businesses in the United States

by J.P. Kloninger, Whole Planet Foundation North America Program Manager
Summary: 

Whole Planet Foundation has contributed $5.6 million to our primary microfinance partner in the United States, Grameen America, to alleviate poverty by funding microcredit loans for low-income entrepreneurs. 

After five consecutive years of declines in the national poverty rate, the United States is expected to experience a spike of approximately 6.5% (from 12.4% to 18.9%) in 2020.  This means an increase of over 21 million individuals living in poverty, resulting in the highest poverty level in the United States since 1967. Low rates of financial inclusion make the climb out of poverty extremely difficult.

Blog

Whole Planet Foundation has contributed $5.6 million to our primary microfinance partner in the United States, Grameen America, to alleviate poverty by funding microcredit loans for low-income entrepreneurs. 

After five consecutive years of declines in the national poverty rate, the United States is expected to experience a spike of approximately 6.5% (from 12.4% to 18.9%) in 2020.  This means an increase of over 21 million individuals living in poverty, resulting in the highest poverty level in the United States since 1967. Low rates of financial inclusion make the climb out of poverty extremely difficult.

WEConnect International’s Council Pioneers Research Addressing the Link Between $1.5 Trillion Credit Gap and Access to Markets for Women-Owned Businesses

Press Release

May 14, 2019, Washington, DC,  /3BL Media/ -  CEO and Co-Founder of WEConnect International, Elizabeth A. Vazquez, today announced that WEConnect International’s Council on Scaling Women-Owned Businesses will generate pioneering research on how to connect two critical challenges to growth faced by micro, small, and medium enterprises owned by women—access to capital and access to markets.

Promoting Inclusivity Through Trade

UPS recognizes the importance of engaging domestic stakeholders, small businesses, and all segments of society to support inclusive growth.
Blog
To support the sustainability of global trade, UPS recognizes the importance of engaging domestic stakeholders, small businesses, and all segments of society to support inclusive growth.
 

Boosting Local Economies by Supporting Diverse Suppliers

Dell’s partnerships with small, woman-owned and minority-owned businesses help these suppliers create an economic ripple effect throughout their own supply chains and communities.
Blog

When World Wide Technology (WWT) first started reselling Dell computers in 1990, the minority-owned company had just seven employees in St. Louis. Over the past three decades, WWT has earned more and more of Dell’s business, becoming one of our biggest strategic partners in both supply chain management and channel sales. Today WWT is a global technology solution provider with $10.4 billion in annual revenue and more than 4,600 employees.

Walmart's Sourcing From Women-Owned Suppliers Drives Business

Article

The number of U.S. women-owned businesses (WOB) is increasing dramatically, yet they continue to contribute the same percentage to domestic business revenues as they did 20 years ago — about 4% of all revenue — in spite of the number of WOB growing 114% compared to 44% for all businesses in the same period. The country had an estimated 11.6 million WOB in 2017, according to American Express OPEN, with $1.7 trillion in revenue.

MGM Resorts International Honored as Top Corporation for Women Business Enterprises

Women Business Enterprise National Council Recognition is the only in Nevada and Integrated Resort Industry
Press Release

Las Vegas, March 15, 2016 /3BL Media/ — MGM Resorts International (NYSE: MGM) is one of “America’s Top Corporations for Women’s Business Enterprises,” according to the Women’s Business Enterprise National Council (WBENC), a national leader in women’s business development and certification.

The “Top Corporations” list is the only national award program honoring corporations for leading supplier diversity initiatives that reduce barriers and drive growth for women-owned businesses.

Yum! Brands Presents Inaugural Supplier Diversity Award to Recognize Diversity and Inclusion Leadership in Supply Chain

Press Release

Louisville, KY, May 19, 2015 /3BL Media/ – Yum! Brands, Inc. (NYSE: YUM) presented its inaugural Supplier Diversity Award to The BAMA Companies, Inc. (BAMA) at their annual supply chain awards.

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