IFC’s commitment to advancing gender equality is anchored in a strong business case and in client demand for “gender-smart” solutions, which has significantly grown over the past five years. In response, IFC is working to expand women’s and men’s role as entrepreneurs, employees, corporate leaders, suppliers, consumers, and community stakeholders. IFC provides access to credit, savings, housing, and insurance products. We also advise companies on the gender balance in their workforce and in supply chains.
Investing in women's economic empowerment is good for business and essential for economic growth. Yet, a $300 billion finance gap for formal, women-owned small businesses persists worldwide, and more than 70 percent of women-owned small and medium enterprises have inadequate or no access to financial services.
The impact of IFC clients in Gender
|790,000||WOMEN COLLECTIVELY EMPLOYED|
|28%||OF IFC’S NOMINATIONS FOR
BOARD POSITIONS WERE WOMEN
|100,400||SME LOANS MADE TO WOMEN-OWNED BUSINESSES|