Happy Labor Day, wegg® family! We would like to take this opportunity to acknowledge the labor of women entrepreneurs everywhere, especially those that have graced the wegg community with their hard work and enlightenment. We would also like to thank the wegg team and Board of Directors for each and every one of their tireless efforts that make this organization what it is.
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Indian makeup maven and global woman entrepreneur Debasree Banerjee has found fans across the world with a simple philosophy: brown is beautiful. She’s achieving worldwide attention under the glow of a ring light in the spare bedroom of a Mumbai high-rise apartment. Her inspiration comes from Rihanna who caused a seismic shift towards greater inclusiveness in the cosmetics industry.
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It is always exciting and invigorating to be a global woman entrepreneur, and women entrepreneurs in India are spearheading an especially inspiring movement of startup companies right now. As more and more businesses across the country are established by women founders, the influence and power of their work become all the more impactful.
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wegg® is inspired by a recent financial enfranchisement program developed by UN Women and a Congolese women’s civil society organization in which women in the Democratic Republic of Congo are assisted in registering their marketplace businesses. This effort called the “Support Project for the Development of Micro,
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When a need for a product or service is exposed within a community, that disparity serves as an opportunity for an entrepreneur. In the case of the Brazilian village of Sitio Tambor, this was a group of aspiring entrepreneurs. A collective of mothers in this rural area of the eastern state of Paraíba discovered during the height of the COVID-19 pandemic that it was becoming increasingly difficult to acquire larger and larger sizes of clothing for their growing children.
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“Nothing will work unless you do.”
-Maya Angelou
As we celebrate the labor of all workers today, we would like to give a special acknowledgment to the dedicated and passionate women entrepreneurs that make up our community. Their tireless hard work and resilience are examples of labor that enriches and sustains themselves,
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“The ability to participate in the digital economy isn’t just life-changing for low-income women, it can also benefit economies. Digitalization of small and medium businesses could add anywhere between $158-216 billion to India’s GDP by 2024.”
-World Economic Forum
wegg is always at the forefront of educating women entrepreneurs on cutting-edge business strategies and new financial evolutions that the global economy and currencies shift towards.
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“Emergency funds can meet immediate needs, but for enduring economic self-sufficiency to be achieved, individuals must be given the tools and training to provide for themselves.”
–UN Women, “In the aftermath of crisis, rural Bangladeshi women pursue economic security”
The global crisis of the COVID-19 pandemic and the 2020 Cyclone Amphan are two of the catastrophes that have devastated the livelihood of women in Bangladesh over the past several years.
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“Heroes never die. They live on forever in the hearts and minds of those who would follow in their footsteps.”
-Emily Potter
wegg® wishes you a meaningful and thoughtful Memorial Day 2022. We honor the brave citizens that have sacrificed for our country,
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“Prior to COVID-19, women were beginning to thrive online. Action now can reverse the pandemic’s impacts and ensure that women entrepreneurs can lead the future of Africa’s digital economy.”
-Alexa Roscoe and Anne Njambi Kabugi, International Finance Corporation
Brookings has released their Foresight Africa 2022 Report,
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