Investing News Blog

Wednesday, April 26, 2006

The Gates Foundation Donates 3.1 Million

The Bill and Melinda Gates Foundation started by Microsofts Bill Gates and his wife have donated $3.1 million to Pro Mujer, a microfinance network in Latin America which combines financial services and healthcare for the poorest women entrepreneurs.
This money will go a long way to helping women start their own small business to improve their families lives considering the average loan size Pro Mujer lends is only $164. The money will also help Pro Mujer expand it's network further into other poor countries. The Gates Foundation does a great job in helping many poor people with health, education, and access to digital information so check it out.

Press Release From: Pro Mujer
"Pro Mujer, a leading microfinance network in Latin America, and a pioneer at combining financial services with healthcare for the poorest women entrepreneurs, is pleased to announce it has received a $3.1 million grant from the Bill & Melinda Gates Foundation."
CSRwire

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