News

World Bank's Women Entrepreneurs Finance Initiative (We-Fi) Launched with Ivanka Trump, Donors

Just three months ago, at the G20 leaders’ summit in Hamburg, Germany,the creation of We-Fi, an innovative new facility to advance women’s entrepreneurship and help women in developing countries increase their access to the finance, markets, technology, and networks necessary to start and grow a business, was announced.

News

News

World Bank's Women Entrepreneurs Finance Initiative (We-Fi) Launched with Ivanka Trump, Donors
Just three months ago, at the G20 leaders’ summit in Hamburg, Germany,the creation of We-Fi, an innovative new facility to advance women’s entrepreneurship and help women in developing countries increase their access to the finance, markets, technology, and networks necessary to start and grow a business, was announced. We-Fi aims to leverage...
TEB Invests in Capacity Building for Turkish Women Entrepreneurs
Türk Ekonomi Bankası (TEB) Women Banking recently expanded its strong non-financial services offering to include two capacity building programs for Turkish women SME owners: TEB Star Cluster and TEB Grow-up Academy. With TEB Star Cluster, its Women Banking program is partnering with a coaching firm to train branch managers on business coaching...
Facebook's #SheMeansBusiness Launched in Vietnam
Facebook has launched #SheMeansBusiness in Vietnam. The initiative will run in partnership with the Vietnam Women Entrepreneur’s Council (VWEC) and the Vietnam Chamber of Commerce and Industry (VCCI), which supports women entrepreneurs through investment and technology development, training and capacity building. Through a series of workshops,...
IFC Assists LBDI with Access to Agribusiness and SME Finance
IFC will provide specialized advisory services to the Liberian Bank for Development and Investment (LBDI) to develop scalable and sustainable agrifinance and support SMEs banking operations. The services will strengthen the bank’s risk management processes and tools; improve its customer value propositions including systems and products; and build...
ICC and WTO Launch ‘Small Business Champions’ Initiative and Open Call for Proposals
A joint effort to facilitate participation by smaller companies in international trade was launched by World Trade Organization (WTO) Director-General Roberto Azevêdo and International Chamber of Commerce (ICC) Secretary-General John Danilovich. The initiative, entitled 'ICC-WTO Small Business Champions', will provide a platform for companies and...
MES and DAK – The Fintech for MSME Development
MES & DAK, a finTech startup offering an ecosystem for capacity building and financial services to small businesses in Africa and Middle East, is among the 7 selected startups across Europe for EY Startup Academy. The 3 key problems affecting MSMEs in developing countries are: Access to Affordable Technical Assistance Access to Market Access...
Unkapt - Capital Mobilisation Challenge 2017
The Capital Mobilisation Challenge (Challenge) is a competition targeting small to medium size enterprises (SMEs) with a strong sustainable development focus and located in Cambodia, Indonesia, Philippines, Myanmar or Vietnam. The Challenge, which opens in September 2017, is being organised by SME Finance Forum member Unkapt in partnership with...
Zaw Lin Aung, managing director of KBZ Bank
Zaw Lin Aung, managing director of KBZ Bank, the largest private bank in Myanmar with the largest retail network, said the bank had changed its lending policy to help the growth of SMEs across the nation. He said less reliance on collateral led the bank to knowing more about customers, understanding their business plans, knowing their financial...
Mohammad Bin Rashid Fund Partners With Metis Consultancy To Support SMEs
The Mohammed Bin Rashid Fund (MBRF), a fund established by H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai to finance the UAE's youth and SME projects, has now set up a post-fund monitoring service for its portfolio companies. Appointing Metis Management Consultancy to carry out this special service...
BB, IFC to Aid Development of Bangladesh Women SME Entrepreneurs
The International Finance Corporation (IFC) has secured a deal with the Bangladesh Bank for the development of women SME entrepreneurs. IFC will provide technical assistance to develop credit guarantee scheme for women entrepreneurs under the project, "Catalysing access to finance for women SME entrepreneurs in Bangladesh”. Designed to provide...