More than an estimated 5,000 women are expected to directly benefit from a new initiative led by Ghazanfar Bank, one of Afghanistan’s leading commercial banks.
The facility has been provided under IFC’s Small Loan Guarantee Program (SLGP), a programmatic approach to risk-sharing that aims to strengthen the capacity of financial institutions to finance SMEs in low-income countries.
Sri Lanka: IFC Supports Commercial Bank of Ceylon to Expand Access to Finance for Women and Women-Owned Small Businesses
IFC will support developing more specially-designed products and services for women, as part of a move to help boost access to finance for women.
IFC Providing $5 Million to Timor-Leste's Kaebauk Investimentu no Finansas, S.A. to Improve Access to Finance for Farmers, With a Focus on Women
The investment is expected to lead to over 10,000 more people gaining access to finance by 2024, of which over 75 percent will be women.
Grameen America Launches Economic Relief and Recovery Fund for Low-Income, Women Small Business Owners in the Wake of COVID-19
Grameen America announced the launch of Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide essential capital and support to the low-income women entrepreneurs.