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.
WHAT'S NEW
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“We-Fi has had a significant impact, allocating $300 million to its implementing partners. The funding has become even more critical, as the COVID-19 pandemic has exacerbated barriers that existed before the crisis”
– Mari Pangestu, Managing Director, World Bank Group & We-Fi Leadership Champion
Leadership Champions
Nominated by We-Fi donor governments, our Champions advocate for women’s economic empowerment globally.
TOTAL ALLOCATION
300
PLANNED ACTIVITIES IN
60
REACHING OVER
130,000
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.
