“Women Empowered (WE)” is a PCI global initiative dedicated to promoting the economic
and social empowerment of women through the formation of self-managed and self-sustaining savings groups.
PCI believes in each woman’s capacity to elevate herself out of poverty and provides guidance in learning the tools to do so.
What is a women’s savings group?
15-25 women form a group
They save money together weekly
They lend to each other
They conduct business together
As a result of participating in savings groups, women can:
- discuss social challenges and address them as a group;
- learn entrepreneurship and small business development;
- provide a financial safety net for their families;
- contribute to household income;
- increase family nutrition;
- promote education for their children; and
- become powerful agents of transformation, allowing them to be contributing members of society, thus elevating the capacity and productivity of their communities.
PCI provides training by a local PCI employee in small business management, literacy & numeracy, entrepreneurship, financial budgeting and leadership skills.
In order to ensure the program’s success, PCI will measure two components:
1. The success of the group by tracking financial performance, member satisfaction and operating efficiency.
2. Impact at the individual level by tracking social, physical, behavioral and economic characteristics: (1) poverty, (2) food security, (3) social capital, (4) household expenditures and savings, (5) gender equity, (6) health and (7) education.
PCI’s WE Campaign Goal: To expand the Women Empowered (WE) Initiative to engage 100,000 women in savings groups in Bolivia, Botswana, Ethiopia, Guatemala, India, Indonesia, Liberia, Malawi, Nicaragua, Tanzania, Zambia and in PCI’s local community in San Diego, CA. PCI is implementing the WE Initiative in countries with PCI offices, employees, currently operating programs and longstanding relationships with communities. 100,000 women empowered through savings groups will result in 100,000 families experiencing increased income, the ability to access education and nutrition services, food security and gender equality.