Women! They comprised about half of the world’s population. They are our Mothers, Wives and Sisters. Arguably, they are the glue for family stability, community well-being, and national cohesiveness. What if they own half of local, regional, and global wealth - and had equal representation in positions of power as their male counterparts? Well, our guess is the world would be a better place for all—with a level playing field in high quality education, business ownership, and political representations.
As Melinda Gates noted in, The Moment of Lift: How Empowering Women Changes the World, "When you lift up women, you lift up everybody - families, communities, entire countries..." Accordingly, the WCI aim to lift up everybody by lifting up women!
And so, what are the barriers inhibiting us from realizing gender wealth parity, and how might these barriers be bridged (now) for a better tomorrow? The WCI project is a tiny but significant response to this question.
The WCI is an emerging mission driven, social justice CDFI venture capital paradigm advancing gender wealth parity. The overarching focus of the WCI is assisting women increase their equity stakes in the broader economy by, as Mark Cuban noted, accumulation of personal growth and productive assets—and as the World Bank’s Mahmoud Mohieldin encouraged, push towards more women-prioritized solutions. The WCI model is a market-based approach—supporting women to delve more into building women-led enterprises and socioeconomic-impact ecosystems, aimed at bridging the gender wealth gap.
The WCI offers concrete strategy of starting a CDFI with the explicit intentions and ultimate-goal of transferring women’s wealth building decision-making to women—assisting them to, as Sheryl Sandberg encouraged, “lean in” to fulfill their heart-felt goals and ambitions. To say to themselves, the buck stops here! This is the heart of the WCI and in many ways, it is also the impetus of the CDFI Industry.
Equity in the WCI has a three-fold benefit for participants: first, it fosters equity capital investment (rather than debt financing) as a pillar for enterprise development; second, it advances gender wealth parity and so reduce gender wage gap; and finally, it offers intrinsic dignity and self-worth consistent with the ideals of empowerment and socioeconomic justice. The WCI project is a tiny but significant response to the wealth building challenges facing women—a collaborative response that brings together the CDFI expertise of Community Capital Advisors (CCA), the knowledge-hub of the CDVCA - www.cdvca.org, the female-centered sustainable development model of Earth Forward Group (EFG) - www.earthforwardgroup.com, the resolved of highly talented young women, and the goodwill of concerned individuals & institutions from the spheres of the common good. ______________________________________ Join our Campaign for Gender Wealth Parity!
To inquire, contact Lindsey Carl at Lindsey@communitycapitaladvisors.org; or James Kerkula at email@example.com;
On a limited basis, we still provide technical assistance to community-based direct service organizations, such as our ongoing technical support to People for People, Inc - www.peopleforpeople.org, Faith Immanuel Lutheran Church/All For All Agency - www.afaagency, and Multicultural Community Family Services - www.multiculturalcommunityfamilyservides.org. __________________________________ CCA is an equal opportunity, 501 (c) 3 tax-exempt public charity; it does not discriminate on the basis of religion, ethnicity, political or gender orientation, creed or some other set-apart alignment. Nonetheless, empowering women and girls is our primary focus.