Visa supports position of women

Multinational financial services corporation Visa announces the introduction of grant programs in cooperation with Hand in Hand International and IFundWomen in connection with the International Women's Day.

According to Al Kelly, CEO and President of Visa, women are driving economic development around the world and they are increasingly starting new businesses. The global entrepreneurship rate is growing faster among women than among men – already 250 million women from around the world run their own business.

In connection with the establishment of cooperation, Visa presented preliminary conclusions from the second annual report "The state of female entrepreneurship". One of the most important conclusions is that access to finance remains the biggest challenge. As many as 79 percent of female entrepreneurs in the United States consider themselves in a better position than five years ago, but still, 66 percent of them report difficulties in obtaining the necessary development funds.

(WBJ)