2020 was a year like no other. Women entrepreneurs around the world have been deeply impacted by the coronavirus pandemic. This report shows how We-Fi is supporting these women not just to survive the crisis, but to thrive with greater long-term resilience. By working to improve women’s access to finance, markets, networks, and information, We-Fi is helping them fulfill their potential and become engines of economic growth and job creation.
Women Entrepreneurs Finance Initiative (We-Fi)
2020 Annual Report
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PREVIOUS REPORTS:
“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
WE FINANCE:
BREAKING DOWN BARRIERS
We-Fi is on a mission to break down these barriers and help women entrepreneurs in developing countries advance their businesses and uplift their communities. Within three years of its launch in 2017, We-Fi has allocated nearly $300 million in donor contributions to programs that are mobilizing an additional $3 billion to benefit close to 130,000 WSMEs in 39 countries worldwide. We-Fi’s footprint will expand to over 60 countries in the coming years.
TOTAL ALLOCATION
300
US DOLLARS
PLANNED ACTIVITIES IN
60
COUNTRIES
REACHING OVER
130,000
WSMEs