Women Entrepreneurs Finance Initiative

Monthly Update  Jan 13, 2021

Message from the Secretariat

A time for resolution and action

The pandemic is still far from over. With the concerted efforts of governments, financial institutions, and the corporate sector, we have an opportunity to develop a more robust entrepreneurship ecosystem – one that may provide a viable pathway out of the current crisis for millions of women around the world. Read More...

Five IFC / We-Fi Covid-19 response projects approved

In the last quarter of 2020, five IFC projects with We-Fi financing focusing on access to finance and markets to WSMEs in response to the COVID-19 crisis were approved. In the Philippines, two new loans with a total value of $11 million were issued to two of the country’s largest microfinance institutions. In El Salvador, IFC and We-Fi are incentivizing Banco Agrícola, the largest bank in the country, to strategically continue its focus on the WSME segment. Read More...

Entrepreneur story: Enabling SMEs with technology in Bolivia and Peru

tuGerente was one of the twelve finalists of the pitch competition of WeXchange, the largest forum that connects Latin American women entrepreneurs in STEM, organized by IDB Lab and supported by We-Fi. Read More...
In Afghanistan, women entrepreneurs keep the dream alive

Nihan is one of the thousands of talented Afghan women who received a loan from FMFB-A and succeeded in her business. Today Zeb Boutique is gaining recognition, with over 7,000 followers on social media. Read More...

Private equity and value creation: A fund manager’s guide to gender-smart investing

IFC, in partnership with CDC and support from the Government of Canada, developed a practical step-by-step road map for fund managers on how to strengthen gender diversity within their own firms and incorporate a gender focus into investment operations. Read More...
African Development Bank Board approves a new Gender Strategy for 2021-2025

The AFAWA flagship initiative, led by the African Development Bank, is key to achieving this pillar as it seeks to unlock $5 billion over five years to support women's small and medium enterprises. The Bank will also dedicate efforts to creating opportunities for women in the non-financial sectors. Read More...

We-Fi Leadership Champion Oksana Pushkina named one of BBC's Top 100 most influential women

Late last year, We-Fi Leadership Champion Oksana Pushkina was named one of the 100 most inspiring and influential women from around the world for the year 2020 by BBC. The media organization hailed Puskina’s support for fighting sexual harassment and safeguarding women's and children’s rights in Russia. Read More...

It is time to address COVID-19’s disproportionate impact on India’s women

As India works to recover from the pandemic, women should be at the heart of its strategy to ensure actions improve Indian women’s lives and foster widespread societal benefits. Read More...

GenderSmart Global Virtual Summit (February 1-11, 2021)

The GenderSmart Investing Summit is an invitation-only forum where investment leaders and influencers from over 40 countries untangle complex challenges and make new commitments to gender finance, together. 

GenderSmart and We-Fi organized a session in the pre-Summit program in December 2020 for We-Fi's Implementing Partners. Learn more...

eCommerce training for WSMEs in Jordan

The World Bank and trading consulting firm OCO, supported by We-Fi, will be delivering an e-commerce program for women-led businesses in Jordan. The consortium is implementing a training and coaching scheme to support women entrepreneurs in the eCommerce space. 
Learn more...
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