The Women Entrepreneurs Finance Initiative (We-Fi) supports women entrepreneurs by scaling up access to financial products and services, building capacity, expanding networks, offering mentors, and providing opportunities to link with domestic and global markets.
“The COVID-19 crisis has demanded rapid response, and We-Fi’s Implementing Partners have answered with increased action to finance, build skills, and level the playing field for women entrepreneurs.”
– Wendy Teleki, Head of the We-Fi Secretariat
Kingdom of Saudi Arabia
Republic of Korea
United Arab Emirates
United States of America
We-Fi is a collaborative partnership among 14 governments, eight multilateral development banks (MDBs), and other public and private sector stakeholders, hosted by the World Bank Group.
The founding financial contributors are: Australia, Canada, China, Denmark, Germany, Japan, the Netherlands, Norway, the Russian Federation, Saudi Arabia, Republic of Korea, the United Arab Emirates, the United Kingdom and the United States. These governments have committed $355 million to date.
At the core of We-Fi’s approach to unlocking finance and growth for WMSEs are its Implementing Partners— multilateral development banks that develop and implement We-Fi projects. They work with government and private sector partners and networks around the world to maximize the impact of We-Fi funding. Implementing Partners help We-Fi achieve global reach, mobilize resources, and build collaborative partnerships to attain scale and systemic impact for women across the entrepreneurial ecosystem, including in the most challenging environments.