Investing in Women: The Power of Partnership
The program is the Women Entrepreneurs Opportunity Facility (WEOF), a joint initiative established by IFC and the Goldman Sachs Foundation. Its goal is to provide access to capital for 100,000 women, stimulating economic growth, and building stronger, more prosperous communities.
Although WEOF still has six years to run, to date, it has made over $990 million in investments in 26 financial intermediaries in 26 countries— far surpassing its original target of $600 million. It has also funded 10 advisory projects in nine countries with total project value of $4.3 million.
In this IFC Perspectives note, see where the Facility’s geographical footprint extends, how many women entreprenuers it has reached across the world and insights from its key players.