Established in 1956 IFC, a member of the World Bank Group is the largest global development institution focused exclusively on the private sector in developing countries. Through leveraging the branch network and SME services of relationship financial institutions, IFC is working with local financial institutions to enhance offerings that increase access to finance for women entrepreneurs through its Banking on Women program.
Through its Access to Finance business line, IFC helps to increase the availability and affordability of financial services, particularly to micro, small and medium enterprise clients. The IFC’s priorities in Africa are to build bank and non-bank financial institutions; develop financial infrastructure; and improve the legal and regulatory framework.
Africa Micro, Small and Medium Enterprise (AMSME) Program
The AMSME Program provides support to commercial banks seeking to establish or expand their MSME banking services while maintaining or improving the quality of their portfolio. The program has provided advisory services to and invested almost $140 million in 18 banks in 13 countries in West, Central, and East Africa. A special focus of the program's support is to help banks increase their lending to women-owned businesses and women entrepreneurs.
Visit the International Finance Corporation website for more information