We-Fi is a collaborative partnership among 14 governments, eight multilateral development banks (MDBs), and other public and private sector stakeholders, hosted by the World Bank Group. It seeks to address financial and non-financial constraints faced by women-owned/led small and medium enterprises in developing countries.

The founding financial contributors are: Australia, Canada, China, Denmark, Germany, Japan, the Netherlands, Norway, the Russian Federation, Saudi Arabia, Republic of Korea, the United Arab Emirates, the United Kingdom and the United States. These 14 governments have committed over $340 million to launch the facility’s activities.

We-Fi finances projects, programs, and activities that are aligned with its objectives and principles. Project implementation is led by Implementing Partners that are screened and accredited by the We-Fi Governing Committee. Under the first call for proposals, the following MDBs were eligible to apply as Implementing Partners: African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, IDB Invest, International Finance Corporation, Islamic Development Bank Group, and World Bank (the International Bank for Reconstruction and Development, and the International Development Association). MDBs are encouraged to partner with UN agencies, international financial institutions, civil society organizations, business groups, and/or other entities currently working in this field to help implement activities…..we-fi.org/
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