Program

Banking on Women

Select a Region Sub navigation page selecting option, jump to that section

IFC’s Banking on Women Business Achieves a $10 Billion Milestone

IFC’s Banking on Women business has helped catalyze financial services for women and women-owned micro, small, and medium enterprises (MSMEs) in emerging markets. To date, IFC has invested over $10 billion to finance women and women entrepreneurs through emerging market financial institutions in 83 countries. Partnering with local financial institutions around the world, IFC has launched landmark gender bonds from Turkey to Ecuador to Tanzania, expanded access to MSME finance in Uzbekistan and the Philippines, supported access to trade finance in Burkina Faso and Vietnam, and works with clients globally to design tailored financial products and services.

 Through Banking on Women, IFC:

  • Invests in emerging market financial institutions to build shareholder value, expand opportunities, and develop tailored value propositions for women customers and women-led businesses in areas such as household and MSME finance, housing finance and insurance, and gender-lens capital markets finance;
  • Provides advisory expertise in areas such as strategic planning, customer segmentation, value proposition design, market positioning, credit and risk analysis, product positioning and staff training to help financial institutions profitably serve women customers. This also includes working with financial institutions to address demand-side barriers through non-financial services such as digital and in-person training platforms, business coaching, and mentorship services for customers;
  • Originates action-oriented market research and data analysis for financial institutions. For example, see the latest data on NPL ratios for MSME and retail loans.


Insights & Reports


Stories of Impact

The Impact of IFC’s Financial Institution Clients in 2023:

  • 823 thousand Women employed by IFC’s FI clients
  • 22% Of the board members in IFC’s FI clients were women
  • 33.4 million MSME loans made to women-owned enterprises
  • $58.9 billion Outstanding MSME loans to women-owned enterprises

At a Glance

Cumulatively since 2012, IFC’s Banking on Women business has mobilized and invested over $10 billion in emerging market financial institutions to finance women and MSMEs owned and led by women – of which $5 billion is specifically dedicated to women-led SMEs.  Since its launch, IFC’s Banking on Women business has provided finance and expertise to 307 emerging market financial institutions in 83 countries to finance women and women-led enterprises.