The business case for lending to women: women entrepreneurship Banking (weB)

The business case for lending to women: women entrepreneurship Banking (weB)

Sep 22, 2014 by joy.chen Comments (0)

There is an $86 billion credit gap in Latin America and the Caribbean for women-led SMEs.

To help address this gap, in 2012 the Multilateral Investment Fund (MIF) and the International Development Bank's (IDB) Structured and Corporate Finance Department (SCF) launched women entrepreneurshipBanking (weB), a regional initiative provides incentives for financial institutions in the region to launch innovative and inclusive lending models that support the growth of women’s businesses.

To date, weB has partnered with 11 financial institutions and will support access to credit for more than 100,000 women-led MSMEs by 2019.

See weB at work and meet some of the entrepreneurs and bankers participating in the initiative:

Click here to learn more about weB and the business case for lending to women.

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Filed Under: Access to finance

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