NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, March 3, 2017

Working Capital for Community Needs (WCCN) announced today a new investment in Pro Mujer, a leading women’s development organization that offers low-income women throughout Latin America an array of financial, health and education services.

The investment will help Pro Mujer deepen its footprint in the region and expand its service offerings so that more women can access economic security, health and freedom from violence throughout their lifecycle. Pro Mujer’s integrated approach to empowerment provides women supportive social spaces that promote skill-building and self-esteem. Loans help Pro Mujer’s entrepreneurs start and grow their businesses. Pro Mujer currently serves over 260,000 clients and has disbursed nearly $3 billion in loans since its inception in 1990.

Maria Cavalcanti, Pro Mujer President and CEO commented, “We are delighted by WCCN’s investment and are excited about developing a long-term relationship that strengthens our ability to continually improve the lives of millions of underserved families in Latin America through financial inclusion and other basic services.”

Both WCCN and Pro Mujer share a commitment to social impact in Latin America by promoting financial inclusion and the empowerment of women. WCCN invests in organizations like Pro Mujer who serve the poorest and most remote individuals, including rural farmers and indigenous minority groups.