Making it on Her Own

Shutterstock: Vera Petruninia

“I want the opportunity to do something that is complex and challenging and lets me make enough money to make a living,” says Pamela T.

Pamela is 26. She’s been a social worker since 2015. She enjoys the job, but the part-time work has not covered her expenses.

Last year, Pamela decided it was time to do something different.

She needed a career change, but she didn’t have the money to go back to school. She started looking at available resources. Pamela learned the Wyoming Women’s Business Center (WWBC) offered Individual Development Accounts (IDAs) – matched savings accounts – that would help her save for her education.

Matching Money with Drive

You know that one of the surest ways to self-sufficiency is through education. Because of your support, in 2017 the Wyoming Women’s Foundation made a grant to the WWBC IDA program. It will help fund Pamela’s, and many other women’s, paths to self-sufficiency.

Because of your support, the Wyoming Women’s Foundation grant has allowed more women to start an IDA to help them reach their financial goals.

“Many people, including women, have the drive to create better lives for themselves and their families,” says Director of the Wyoming Women’s Foundation, Rebekah Smith. “Sometimes they just need an opportunity and a bit of support to get there.”

For Debbi Gorski, Director of WWBC, the grant has made a huge difference.

“This grant has let us launch an expansion of our program,” Debbie says.

In fact, the IDA program has doubled because of the grant. Now 20 Wyoming women can use the money to further their education, build their small business or help with a down payment on a house.

“The women who qualify are low-income. They’re learning about money,” Debbie says. “These women are learning the importance of saving. And they’re making a habit of it.”

The WWBC insists on a minimum saving period of six months. “But most women end up saving and planning for an average of 12-18 months toward their goal,” Debbie says. They realize how important savings are in reaching their goals.

For Pamela, the IDA program is helping her create a path to self-sufficiency. She’s learning to become a medical coder.

“Medical coding is interesting to me,” she says, “and I can make more money doing it.”

An interesting job that creates self-sufficiency. That is exactly the kind of opportunity that your support allows the Wyoming Women’s Foundation to provide for women in Wyoming.