Women's World Banking, an unusual global group that helps women get started in business, has a new president, Nancy Barry.

She got involved with Women's World Banking in 1981 as a trustee and the last three years she has been its vice chairman.

Reprinted in Real World Banking and Finance, 5th ed., Ed.

Large lending institutions give microlending institutions, like Women's World Banking, big loans of, say, $5 million.

Nancy Barry, president of Women's World Banking, said that 25 million people, three-quarters of them women, had received microloans in more than 40 less-developed countries.

Half the loans are from Women's World Banking.

They and several allies founded Women's World Banking in 1979 with Ms. Ocloo as chairwoman.

Later she was a co-founder and board member of Women's World Banking, a global loan-guarantee organization.

Friends of Women's World Banking was established as a non-profit organization to promote direct participation of poor women in the economy through access to financial services.

Women's World Banking was thus founded in 1976 by several women leaders from a diversity of cultures.