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Photo credit: CDC Group
Gender lens investing is on the rise, with bold initiatives such as the G7’s 2X Challenge led by development finance institutions (DFIs) which has committed to investing $3 billion in businesses that advance gender equality by December 2020. SME Finance Forum member CDC Group is among the DFIs that have signed up to the 2X Challenge and gender...
IFC an Goldman Sachs 10,000 Women: Investing in Women's Business Growth
On October 8th, during the 2019 Global SME Finance Forum, IFC and Goldman Sachs 10,000 Women launched a progress report titled "IFC and Goldman Sachs 10,000 Women: Investing in Women's Business Growth". This report demonstrates that WEOF has already exceeded its investment and mobilization goals and has made strong progress towards achieving all...
Photo via BSR's HERproject initiative
Mastercard launched a global effort to pay garment factory workers digitally, a pivot the industry is making from traditional cash payroll to ensure workers receive their hard-earned wages securely and consistently. With industry partners including clothing giants Levi Strauss & Co ., Marks & Spencer and VF Corporation ; and global...
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A study by Stanford University , Northwestern University, Dartmouth College and the Hong Kong University of Science and Technology found investors are more likely to bet that a company will see its stock prices rise if it reported “higher-than-average” gender diversity among its staff. Article via The Washington Informer .
Tribune Photo - Nitin Mittla
The Indian School of Business (ISB) and Goldman Sachs on Monday announced the launch of the Goldman Sachs 10,000 Women Ambassadors Programme to help fuel the continued growth of India’s economy through the acceleration of women-owned businesses. Article via The Tribune India. Read more here .
Financial Inclusion for Woman-Owned Micro, Small & Medium Enterprises (MSMEs) in India
With the growing recognition of women entrepreneurs’ contribution to economic growth, there is need to understand the state of their operations in India. This report, by the IFC, aims to assess the financing gap through a hybrid approach, including both secondary estimation and primary data collection, and identify the key characteristics of women...
 This file photo shows Nguyen Thi Phuong Thao, President and CEO of Vietnamese airline carrier Vietjet, speaking during a press conference in Dubai-AFP Photo
Vietnam, an emerging market in Southeast Asia is making progress in addressing the issue of gender equality. An International Finance Corporation (IFC) 2017 report on ‘Women-owned enterprises in Vietnam: Perceptions and Potential,’ showed that 57 percent of women-owned businesses in Vietnam are microenterprises, 42 percent are small-medium...
Photo via IFC
The first private-sector “gender” bond in the Asia Pacific region to be issued by Bank of Ayudhya (Krungsri), with the support of IFC and the GoldmanSachs 10,000 Women initiative , to expand access to capital for women entrepreneurs globally. IFC, a member of the World Bank Group, and DEG (Deutsche Investitions und Entwicklungsgesellschaft) have...
Market in Guatemala.Photo courtesy of @perrygrone
To help boost women’s access to financial services, VisionFund International , the microfinance arm of World Vision , launched the Women’s Empowerment Fund (WEF) in 2016. The fund’s aim is to build women’s resilience by expanding financial access and delivering high quality credit, savings and insurance products developed with women, especially...
Why More Women Should Take on Traditionally Male Jobs
Women in Africa are more likely to be in the labor force than women in other regions. But female-owned businesses typically operate in more crowded markets, they have fewer employees, lower average sales, and less value-added. New research shows that female entrepreneurs can build larger and more profitable companies when they operate in male-...