Visa Foundation Pumps out $210m As Support For Small And Micro Enterprises

Visa Foundation Pumps out $210m As Support For Small And Micro Enterprises

Visa Foundation announces the donation of $210m to support small and micro businesses, aligning with the foundation’s long-term outlook on women’s economic advancement and inclusive economic even-development.
The first program was $10m which was designated for immediate emergency relief to assist charitable organisations on the frontlines responding/fighting the COVID-19 pandemic such as public health and food relief in each of the five geographic regions Visa operates in.






“As COVID-19 continues its spread, communities are feeling the deadly effects and need our immediate support,” said Al Kelly, CEO and Chairman of Visa.
“As a global company that operates a very local business, we recognise this need.
We’re also committed to the long-term recovery and will continue to explore ways we can accelerate economic activity in line with our mission to help individuals, businesses and economies thrive,” Kelly added.
The second program is a five-year, strategic $200m commitment to support small and micro-businesses around the world, with a focus on fostering women’s economic advancement.
The funds from Visa Foundation will provide capital to non-government organisations and investment partners supporting small and micro-businesses