It was created to extend and expand informal credit supports and networks within India to link them to a global movement.
FWWB-I (Friends of Women's World Banking), under the leadership of Ms. Vijaylakshmi Das, will continue to work in the areas of women empowerment, strengthening community based and micro finance institutions, livelihood promotion and need based financial products and services that impact the lives of the poor.
Both FWWB-I and AFIG have a common vision and goal of reaching out to larger number of low income households in the under served regions of the country.
But unlike commercial banks that require a credit history to assess their risk of loss, FWWB evaluates an organization on a set of parameters which includes the company's management and business systems (accounts, MIS, HR, etc.).
2.Supporting Partner Organizations that use innovative ways of poverty alleviation, focusing on enhancing and introducing sustainable livelihood activities for women.