Global Fund for Widows is proud to introduce the WISALA (Widows’ Savings and Loan Associations), bringing innovative community banking solutions to the world’s most marginalized, widows.
Created specifically to offer financial access to widows and female heads of households, the WISALA allows previously unbanked widows to enter into group savings and loan associations by making an initial capital investment into their savings group, effectively capitalizing their small savings and loan institution. In return for the investment, the widows own shares in the bank, granting them co-ownership status.
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