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Wisconsin Women's Business Initiative Corporation

WWBIC is a non-profit economic development corporation that provides business loans, training, and coaching to underserved individuals and communities in Wisconsin. They aim to empower individuals through entrepreneurship and facilitate self-sufficiency. They are a community development financial institution (CDFI) and the state's largest microlender.

Company : Wisconsin Women's Business Initiative Corporation

Industry : Financial ServicesEconomic DevelopmentMicrolending

Major Markets

United States flagUnited States
Mexico flagMexico
Canada flagCanada

Key Competitors

Wisconsin Women's Business Initiative Corporation
Kiva
Accion Opportunity Fund

Wisconsin Women's Business Initiative Corporation Key Value propositions

Financial Inclusion
Entrepreneurship Support
Business Training
Community Development

Wisconsin Women's Business Initiative Corporation SWOT Analysis

Strengths

Strong community presence and trustExperienced team with expertise in business developmentFocus on underserved communities fills a market gap

Weaknesses

Primarily operates in Wisconsin, limiting geographical reachReliance on funding sources and potential economic downturnsCompetition from traditional financial institutions expanding into micro lending

Opportunities

Expand services nationally to reach more underserved entrepreneursDevelop partnerships with corporations for funding and mentorship opportunities Leverage technology for online training and loan application processes

Threats

Changes in government policies and funding for micro lending programsEconomic recession impacting loan repayment rates and business viabilityIncreasing competition from online lenders and fintech companies

Top Marketing Strategies for Wisconsin Women's Business Initiative Corporation

Targeted Digital Marketing and Outreach

Leverage social media platforms and digital marketing to reach specific demographics within the target audience. This strategy will expand outreach and build brand awareness among underserved communities in Wisconsin.

Strategic Partnerships and Community Engagement

Collaborate with local organizations, community centers, and government agencies to offer their services and resources. This will enhance the reach of WWBIC and provide access to a wider network of potential borrowers and clients.

Data-Driven Program Optimization

Utilize data analytics to understand the impact of existing programs and identify areas for improvement. This will allow WWBIC to optimize its services, personalize offerings, and maximize the effectiveness of its programs.

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Wisconsin Women's Business Initiative Corporation User Persona

Wisconsin Women's Business Initiative Corporation Geographic and Demographic Insights

Geographic Insights: WWBIC primarily targets customers in the US, with Wisconsin being their main area of operation. They have a very small percentage of users in other countries.

Top Countries

  • United States flag

    United States

    99%

  • Mexico flag

    Mexico

    0.5%

  • Canada flag

    Canada

    0.3%

  • India flag

    India

    0.1%

  • Philippines flag

    Philippines

    0.1%

Demographic Insights: WWBIC's target audience consists of individuals aged 25-34, predominantly female, reflecting their mission to support women entrepreneurs.

Age Distribution

Gender Distribution

Wisconsin Women's Business Initiative Corporation Socio-economic Profile

Household and Income Insights: WWBIC's target audience often falls within low to medium income brackets and are likely to be part of households with 1-4 members.

Educational and Employment Insights: Many target users are likely in the process of establishing or growing their businesses, with a significant portion having some college or high school education.

Households Size

Income Distribution

Education Level

Employment Status

Wisconsin Women's Business Initiative Corporation Behavioral Insights

Interest-Based Insights: Target users are passionate about entrepreneurship, improving financial literacy, and engaging with local communities and career development initiatives.

Technology and Social Media Usage: Users prefer a mix of online platforms like Facebook and YouTube alongside traditional desktop usage, indicating a blended approach to accessing information and resources.

Interests

entrepreneurshipsmall business managementfinancial literacylocal community eventsworkforce developmentaffordable housingcareer advancement

Device Breakdown

Social Media Usage

Wisconsin Women's Business Initiative Corporation Top Competitors

Competitor
Estimated market share
Top domains
Wisconsin Women's Business Initiative Corporation60%Microlending, Financial Coaching, Business Training
Kiva20%Crowdfunding, Microloans, International Development
Accion Opportunity Fund15%Small Business Loans, Financial Education, Minority-Owned Business Support

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