April 13, 2012
/PRNewswire/ -- U.S. Secretary of State
and Walmart announced today an initiative that will empower up to 55,000 women in
to build businesses and take control of their futures. In addition, Walmart will work with the Inter-American Development Bank (IDB) to provide job training and help with job placement for nearly 1 million young people in these regions, at least half of whom will be young women.
"These partnerships will not only change the lives of the women we'll reach, but also improve the lives of their families and their entire communities," said Walmart President and CEO
, who joined Secretary Clinton at the Sixth Summit of the Americas in
today. "When we launched our
Global Women's Economic Empowerment Initiative
last year, we committed to helping women around the world live better. By working with leaders like Secretary Clinton, we're bringing that mission to life."
commitment to Secretary Clinton's International Fund for Women and Girls, the IDB and other NGOs includes:
The WEAmericas Small Grants Initiative
In partnership with Secretary Clinton's
International Fund for Women and Girls
, the Walmart Foundation has pledged
to help create the WEAmericas Small Grants Initiative. Over the next two years, the effort will support the dreams of up to 55,000 potential women entrepreneurs in rural and indigenous communities throughout the Americas.
Vital Voices Women Entrepreneur Support
The Walmart Foundation is donating
, an NGO committed to unleashing the leadership potential of extraordinary women around the world. The grant will provide long-term support for women hoping to grow small businesses.