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2023 Annual Report: Mobilizing for Systemic Change | View Report

Unlocking the potential of women entrepreneurs in developing economies

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. Learn more about our Case for Investing in Women Entrepreneurs.

WHAT'S NEW

Introducing
WE Finance Code

WE Finance Code is a multi-stakeholder, systems change effort to expand the number and type of institutions around the world working to close financing gaps for women entrepreneurs.

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Stories of Resilience

In 2023, We-Fi teamed up with Thomson Reuters Foundation in an effort to highlight and amplify stories of women entrepreneurs in developing countries.

View Stories

TOTAL ALLOCATION

364

US DOLLARS

ACTIVITIES IN

67

COUNTRIES

REACHING OVER

150,000

WSMEs
Explore Results

FEATURED PROJECTS

FOUNDING CONTRIBUTORS

Australia
Canada
China
Denmark
Germany
Japan
The Netherlands
Norway
Russian Federation
Kingdom of Saudi Arabia
Republic of Korea
United Arab Emirates
United Kingdom
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.

IMPLEMENTING PARTNERS