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