I found it inspiring to read in Forbes magazine that Melinda Gates, of the Bill and Melinda Gates Foundation, has decided to put women and girls at the center of her focus to end poverty in the world. Other philanthropists and bankers (such as Muhammad Yunus, who won a Nobel Peace Prize for microloan practices that target women) have shown that investing in women results in significant improvement in the standard of living for families and communities. Caroline Howard writes in Forbes that Melinda Gates, who has $41.3 billion in foundation assets to invest, “has become the most powerful person on the planet whose singular focus is women and girls.” Gates explains that in looking for a woman who would champion issues of poverty for girls and women for the Gates Foundation, she eventually realized that she herself was the best person to do it. Her passion comes from knowing that
- Women account for six out of ten of the world’s poorest people.
- Women account for two-thirds of the illiterate population.
- 58 percent of all primary school dropouts are girls. One year or more of primary school boosts a girl’s future wages by 10–20 percent.
- The International Monetary Fund calculates that 3.9 million women and girls are “missing” annually: about two-fifths are never born; one-sixth die in early childhood; more than one-third die during their reproductive years.
- 289,000 women died during pregnancy and childbirth in 2013.
- Closing the employment and wage gap between men and women would increase women’s income by $17 trillion globally.
- Family planning
- Maternal and prenatal health
- Infant health
- Education
- Microentrepreneurship