Women Entrepreneurs Finance Initiative (We-Fi)

 

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OUR APPROACH

The International Finance Corporation Women Entrepreneurs Finance Initiative (IFC We-Fi) program, a part of the World Bank Group We-Fi program: Creating Markets and Finance for All, works with private sector actors to enable women entrepreneurs to start and grow firms. IFC uses We-Fi funds to provide investment and advisory support, in line with Blended Finance principles. The IFC We-Fi program works primarily with the private sector and the World Bank We-Fi program works mainly with the public sector. IFC uses We-Fi funds to provide investment and advisory support, in line with Blended Finance principles. These efforts are enriched by global research and partnerships.

The IFC We-Fi program uses a disciplined blended finance approach to catalyze We-Fi donor funds into high-impact investments that benefit women entrepreneurs. The use of blended finance allows the program to fill financing gaps by addressing market barriers and attracting private sector investments to areas of strategic importance with high development impact. As pioneering projects, when successful, blended finance investments pave the way for other investors and help create markets.

THREE PILLARS

IFC and World Bank are working through the WBG We-Fi program to test innovations and scale successful models around three thematic pillars:

  1.  STRENGTHENING ENTERPRENEURAL ECOSYSTEMS
    Fostering an inclusive legal, regulatory, and policy framework for WSMEs; supporting women entrepreneurs at every stage of growth through training, mentoring, and peer networks; championing gender-lens investing through funds, incubators, and accelerators; and providing direct investments in high-potential women entrepreneurs
  2.  EXPANDING FINANCIAL SERVICES
    Supporting banks, fintechs, and insurance companies with blended finance investments to reach more WSMEs; providing advisory services to design and deploy products and services for women entrepreneurs
  3.  IMPROVING MARKET ACCESS
    Integrating women-owned small and medium enterprises into domestic and international value chains and producer networks; increasing procurement opportunities for WSMEs

OUR PROJECTS

PILLAR I: STRENGTHENING ENTREPRENEURIAL ECOSYSTEMS
PILLAR II: EXPANDING FINANCIAL SERVICES
PILLAR III: IMPROVING MARKET ACCESS

NIGERIA: Daraju

KENYA: Sourcing2Equal
Press Release

DOMINICAN REPUBLIC: Tropicalia

EXPECTED IMPACT

The We-Fi contribution of $75 million with co-investments from IFC , the private sector, government and bilateral donor investment for women entrepreneurs will leverage:

  • 35000 WSMEs
  • $870 MILLIONin new financing to WSMEs

CONTACT US

HANH NAM NGUYEN, IFC We-Fi Program Manager  
ALEKSANDRA LIAPLINA, IFC We-Fi Program Lead  
ifc_wefi@ifc.org