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GRANTEE ANNOUNCEMENT
January 13, 2010 

Women’s World Banking Receives Grant to Increase Dramatically Access to Savings for Millions of Poor Worldwide

NEW YORK -- Women’s World Banking (WWB), a thirty-year old network of leading microfinance institutions and banks dedicated to the economic empowerment of women, today announced a landmark $8.5 million grant from the Bill & Melinda Gates Foundation. The grant will enable WWB to create over the next ten years innovative savings products and services for nearly seven million low-income people in Latin America, Africa and Asia.

To read the full press release visit the Women's World Banking web site.

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Bill & Melinda Gates Foundation
Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. Based in Seattle, Washington, the foundation is led by CEO Jeff Raikes and Co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.
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