established by women
LED BY WOMEN
WDB is a women founded, women-led and operated group with a combined over 25 years’ experience with a focus on funding and supporting women entrepreneurs. WDB is all about making a social impact on women; providing them with business funding and investment opportunities.
Our aim is to be the leading game-changer in women advancement and empowerment in South Africa, impacting the African continent.
In 1991, the WDB Trust was formally set up – a women-led and managed Public Benefit Organisation that mobilises resources to promote its premier women’s development programme: an integrated poverty-eradication strategy that links poor households in rural areas to finance and to a basket of development services, training and enterprise opportunities in order to build productive and sustainable family and community livelihoods.
WDB GROWTH FUND
In 2016, together with Seed Engine and Grovest, WDB launched an impact fund. The WDB Growth Fund aims to fill the funding gap for growing small, medium and micro enterprises (SMMEs).
The WDB Growth Fund promotes economic growth by unlocking barriers that currently prevent the SMME sector from expanding and creating jobs, primarily through capital, high-impact mentorship combined with technical and business support, as well as support in accessing markets.
The company was able to distribute dividends of R200-million to the WDB Trust, with the WDB Trust reaching well over 200,000 female entrepreneurs in rural areas.