Opportunities at We-Fi

ST Consultant - M&E

The Women Entrepreneurs Finance Initiative (We-Fi or the Initiative) was created in recognition of the critical role played by women’s entrepreneurship in empowering women, creating jobs, boosting inclusive economic growth, and ending poverty. The Initiative, established in 2017, harnesses the public and private sectors to open new doors for women entrepreneurs across the developing world. We-Fi is hosted by the World Bank and its programs are implemented by six Multilateral Development Banks: African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, Islamic Development Bank and the World Bank Group (World Bank and IFC). This initiative brings together donors from 14 governments (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) who have, to date, collectively committed over USD350 million to We-Fi.  This collaborative partnership among governments, multilateral development banks, and other stakeholders has been designed to mobilize significant additional financing for women-led/owned businesses in developing countries, including in the most challenging environments. The current We-Fi projects seek to unlock $2.6 billion in additional financing for women-owned/led small and medium enterprises (WSMEs) in over 50 countries.

We-Fi is focused on achieving sustainable, systematic, and scalable solutions focused on:

1. Increasing Access to Finance. We-Fi provides capital, risk mitigation, and capacity building to enable financial intermediaries to expand women entrepreneurs’ access to debt, equity, venture capital, and insurance.

2. Access to Training, Mentoring, and Networks. We-Fi builds the capacity of women entrepreneurs and connects them to mentors and networks to take their businesses to the next level.

3. Increasing Access to Markets. We-Fi creates more linkages for WSMEs to access new markets and works with corporations to include WSMEs in domestic and global supply chains.

4. Improving the Enabling Environment. We-Fi works with public and private sector actors to break down gender biases and legal and regulatory constraints that women entrepreneurs face in running their businesses.

To date, We-Fi has allocated to $249 million to Implementing Partners over two financing rounds, with the 3rd round of funding allocations to be approved in mid-2020.

The We-Fi Secretariat, housed at the World Bank manages day-to-day operations, prepares policies and procedures, guides external communications and advocacy, and manages partner relations and stakeholder engagement. The We-Fi Secretariat reports into the Office of the World Bank Managing Director for Development Policies and Partnerships (MDDPP). We-Fi Secretariat is seeking to recruit a Monitoring & Evaluation (M&E) Short Term Consultant (STC) who can support M&E activities, including coordinating the effective implementation of the We-Fi Mid-Term Review.

Scope of Work & Deliverables:

The STC will be expected to contribute to a variety of M&E related areas, working in close coordination with the We-Fi team. The priority areas include but are not limited to the following:

M&E and Reporting:

  • Review the results submitted by We-Fi Implementing Partners (IPs) as part of the annual reporting cycle. Responsible for completeness and quality assurance.
  • Map We-Fi projects to specific areas of the We-Fi theory of change and results framework.
  • Update the results framework database and develop an efficient process to data analysis and extracting relevant datapoints.
  • Preform portfolio analyses and prepare presentations summarizing the results and outlining key achievements.
  • Support in preparing We-Fi reports to the Governing Committee, including developing impact sections for the We-Fi progress reports, the We-Fi annual report and website. Develop creative ways to visualize and report impact data.
  • Develop a narrative to complement the We-Fi Theory of Change diagram. The narrative should provide more detail on the aspects of a theory of change that are central to achieving We-Fi’s outcomes and goals, draw out causal links between activities, outputs, and impact, and outline any assumptions and evidence base.
  • Evaluate how the knowledge and evidence base developed with support from We-Fi (data, evaluations, research base etc.) is linked to the theory of change and assess gaps and priority focus areas.
  • Monitor the We-Fi funded evaluation and research activities implemented by the Implementing Partners. Identify areas for sharing lessons among the IPs.
  • Identify M&E related areas where additional research, clarification, and standardization may be needed (e.g. tracking jobs created, definitions of WSME etc.) and support developing relevant guidelines for IPs.
  • Closely coordinate with We-Fi Operations Officer overseeing We-Fi impact measurement as well as with the Implementing Partners’ M&E teams.

Mid-Term Review (MTR):

  • Compile a package of relevant data and documents to be shared with the Consulting Firm (“the Firm” or “Consultants”) that will perform the MTR.
  • Liaise with the Consulting Firm on any questions, requests for information and feedback.
  • Develop detailed MTR timeline with the Consultants, closely monitor the implementation of all activities and ensure deadlines are met.
  • Facilitate as needed arranging interviews with relevant stakeholders, schedule meetings within the set MTR timelines, etc.
  • Review all deliverables drafts, check them for completeness and ensure that stakeholder comments are adequately addressed.
  • Summarize feedback from We-Fi Secretariat during planning sessions and deliverable reviews. Prepare responses to Consultants outlining Secretariat feedback on the MTR process and each deliverable.
  • Organize debriefing meetings with the Consultants to ensure the Firm is on the right track conducting the MTR.
  • Provide regular updates to the We-Fi Secretariat staff regarding the MTR progress.
  • Serve as a troubleshooter for the MTR process, resolving bottlenecks or engaging more senior We-Fi Secretariat staff.
  • Ensure all deliverables are in line with agreed timeline and address the expectations outlined in the contract, inception report and feedback received from the Governing Committee and the We-Fi Secretariat.

Selection Criteria:

  • Master’s degree in a relevant field (e.g. Economics, Business, Finance, International Development, Public Policy) or equivalent professional qualification relevant to entrepreneurship and access to finance programs.
  • Five or more years of relevant experience in monitoring and evaluation and/or program management.
  • Strong knowledge of investment and advisory programs that support SMEs and women entrepreneurs.
  • Familiarity with the operating models of We-Fi Implementing Partners.
  • Demonstrated experience in designing, implementing and/or overseeing mid-term program reviews and/or impact evaluations.
  • Experience in indicator development, data collection and analysis, data quality assessments, and/or performance monitoring and reporting.
  • Strong analytical and project management skills.
  • Strong attention to detail and problem-solving skills.
  • Should be a self-starter, with a demonstrated high level of initiative.
  • Data collection and proficiency in using analytical tools. Excellent Microsoft Excel skills are required. Familiarity with data visualization software (e.g. Tableau) is a plus.
  • Proven writing skills and strong command of English, with an ability to convey complex ideas in a clear and concise manner.

Contract duration, remuneration, and reporting lines:

The initial contract will be for 50 days, with the possibility to extend it for up to 150 days spread out between the contract date and June 30th, 2021. The daily rate will be determined in accordance with the World Bank remuneration guidelines. The position is under the oversight of Wendy Teleki, Head of We-Fi Secretariat, and the consultant will be working closely with Aurica Balmus, Operations Officer, in the implementation of this assignment.

Most of the work during 2020 is expected to be performed remotely. The consultant is expected to primarily work during business hours in Washington DC time zone, and occasionally join early or late virtual meetings to accommodate stakeholders residing in other time zones.

Interested candidates must submit a resume and cover letter at we-fi@worldbankgroup.org no later than August 10th, 2020. Please indicate the position you are applying for in the email subject line.

ST Consultant - Reporting and Knowledge Management

The Women Entrepreneurs Finance Initiative (We-Fi or the Initiative) was created in recognition of the critical role played by women’s entrepreneurship in empowering women, creating jobs, boosting inclusive economic growth, and ending poverty. The Initiative, established in 2017, harnesses the public and private sectors to open new doors for women entrepreneurs across the developing world. We-Fi is hosted by the World Bank and its programs are implemented by six Multilateral Development Banks: African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, Islamic Development Bank and the World Bank Group (World Bank and IFC). This initiative brings together donors from 14 governments (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) who have, to date, collectively committed over USD350 million to We-Fi.  This collaborative partnership among governments, multilateral development banks, and other stakeholders has been designed to mobilize significant additional financing for women-led/owned businesses in developing countries, including in the most challenging environments. The current We-Fi projects seek to unlock $2.6 billion in additional financing for women-owned/led small and medium enterprises (WSMEs) in over 50 countries.

We-Fi is focused on achieving sustainable, systematic, and scalable solutions focused on:

1. Increasing Access to Finance. We-Fi provides capital, risk mitigation, and capacity building to enable financial intermediaries to expand women entrepreneurs’ access to debt, equity, venture capital, and insurance.

2. Access to Training, Mentoring, and Networks. We-Fi builds the capacity of women entrepreneurs and connects them to mentors and networks to take their businesses to the next level.

3. Increasing Access to Markets. We-Fi creates more linkages for WSMEs to access new markets and works with corporations to include WSMEs in domestic and global supply chains.

4. Improving the Enabling Environment. We-Fi works with public and private sector actors to break down gender biases and legal and regulatory constraints that women entrepreneurs face in running their businesses.

To date, We-Fi has allocated to $249 million to Implementing Partners over two financing rounds, with the 3rd round of funding allocations to be approved in mid-2020.

The We-Fi Secretariat, housed at the World Bank manages day-to-day operations, prepares policies and procedures, guides external communications and advocacy, and manages partner relations and stakeholder engagement. The Secretariat reports into the Office of the World Bank Managing Director for Development Policies and Partnerships (MDDPP). We-Fi Secretariat is seeking to recruit a Reporting and Knowledge Management Short Term Consultant (STC) to support the We-Fi team in the following areas:

Scope of Work & Deliverables:

The STC will be expected to contribute to a variety of reporting and knowledge activities, working in close coordination with the We-Fi Secretariat team. The priority areas include but are not limited to the following:

  • Review project details provided by the Implementing Partners on all We-Fi activities and develop comprehensive project summaries and other content for the We-Fi Website.
  • Monitor projects’ progress and determine when and how the public project summaries should be updated. Develop appropriate processes to ensure that all project level information is effectively tracked, and project updates communicated timely.
  • Support in preparing We-Fi reports to the Governing Committee, including portfolio overviews, the We-Fi annual report, and other ad-hoc reports and presentations as required.
  • In collaboration with the We-Fi team develop a concept for the We-Fi 2020 annual report, coordinate the report preparation process, including assigning tasks for drafting and reviewing content, drafting sections of the report, and liaising with the copy editor and design team.
  • Come up with creative ways to visualize and present the We-Fi progress, outreach and impact in reports and presentations.
  • Work proactively to identify opportunities for capturing and sharing knowledge and lessons learned related to programs’ progress and results.
  • Support developing knowledge products aimed at promoting knowledge development and communicating We-Fi reach, innovation and impact (e.g. identify and synthesize best practices and lessons learned including case studies, stories and deep dives).
  • Assist the We-Fi team in the design, planning and execution of IP learning sessions and other knowledge exchange events.
  • Carry-out targeted desktop research focusing on women entrepreneurship trends, themes, and stakeholders implementing women entrepreneurship programs.
  • Develop notes, blogs, and presentation synthesizing operational and research findings for communication and advocacy purposes.
  • Work closely with the We-Fi Secretariat team to develop materials for donors and internal or external audiences as needed, including We-Fi program overviews, lessons learnt, investment cases etc.
  • Support reporting on We-Fi entrepreneurs’ success. Research subjects, conduct interviews, and report through engaging write-ups.
  • Liaise with the We-Fi web manager to ensure reports and other documents about We-Fi projects, Implementing Partners and beneficiaries are properly showcased in an online format.

Selection Criteria:

  • Master’s degree in a relevant field (International Development, Public Policy, Political Science, or Economics) or equivalent professional qualification relevant to entrepreneurship, SMES, and access to finance programs.
  • Five or more years of relevant experience in program management, knowledge management and communications or editorial work / writing.
  • Strong knowledge of investment and advisory programs that support SMEs and women entrepreneurs.
  • Familiarity with the operating models of We-Fi Implementing Partners.
  • Experience in designing, planning and implementing knowledge-related initiatives. Ample experience in writing reports and stories, including articles for web publications. Experience interviewing experts and beneficiaries.
  • Proven writing and editing skills with strong command of English, and ability to convey complex ideas in a clear and engaging manner.
  • Creativity and ability to present concepts visually to improve the quality and effectiveness of reports and knowledge products. Familiarity with software and tools that facilitate visualizations (e.g. Tableau) is a plus.
  • Should be a self-starter, with a demonstrated high level of initiative.
  • Strong organizational and interpersonal skills, ability to meet deadlines and to manage multiple tasks effectively and efficiently.

Contract duration, remuneration, and reporting lines:

The initial contract will be for 50 days, with the possibility to extend it for up to 150 days spread out between the contract date and June 30th, 2021. The daily rate will be determined in accordance with the World Bank remuneration guidelines. The position is under the oversight of Wendy Teleki, Head of We-Fi Secretariat, and the consultant will be working closely with Aurica Balmus, Operations Officer, in the implementation of this assignment.

Most of the work during 2020 is expected to be performed remotely. The consultant is expected to primarily work during business hours in Washington DC time zone, and occasionally join early or late virtual meetings to accommodate stakeholders residing in other time zones.

Interested candidates must submit a resume and cover letter by email at we-fi@worldbankgroup.org no later than August 10th, 2020. Please indicate the position you are applying for in the email subject line. Note that a writing test will be part of the recruitment process.