The BFB Foundation’s goal is to educate and empower women through financial education. We believe that a woman who understands how to use, save, and invest her money wisely will have a great impact on her family and her community. One woman can positively alter the outcomes of generations to follow. Women perform over half of the world’s work, produce half of the world’s food and yet they represen
t 70 percent of the world’s poor. Any solution that would alleviate these issues must involve those that are most directly affected. The BFB Foundation believes social and financial education is essential in helping women end the cycle of poverty for their families and their communities. The BFB Foundation has begun its efforts by reaching out to education-oriented organizations in Guatemala, which is the most populous country in Central America. It is a country in transition, and a country reaching out to connect with the world. Since its 36-year-long civil war ended in 1996, the Guatemalan government and people have been working toward a greater presence in the world economy. Yet despite advances in that direction, more than half of the population lives below the national poverty line, and 13 percent of the population lives in extreme poverty. Among Guatemala’s indigenous groups, which make up 38 percent of the population, those numbers climb even higher with 73 percent living below the poverty line and 28 percent living in extreme poverty.
