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7/10/2017

About 70% of businesses owned by women in developing countries are shut off from the financing they need to grow

About 70% of businesses owned by women in developing countries are shut off from the financing they need to grow

About 70% of businesses owned by women in developing countries are shut off from the financing they need to grow. A new initiative launched at the G20 today will help remedy that situation by unlocking more than $1 billion in support.

  The Women Entrepreneurs Finance Initiative, supported by 12 countries, will increase access to capital, provide technical assistance, and invest in projects and programs that support women-led small and medium enterprises around the globe.

  The evidence is overwhelming that supporting women’s economic participation pays enormous dividends for families, communities and economies.  Fostering women’s entrepreneurship will empower women and bring us much closer to our goals of ending extreme poverty and boosting shared prosperity.

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