All over the developing world, women have successfully made it in business. But they are a small group of women \u2014 only 30 percent of formal small and medium enterprises (SMEs) around the world are owned and run by women. Seventy percent of formal women-owned SMEs in developing countries are either shut out of financial institutions or can\u2019t get the capital they need.<\/p>\n
This results in a nearly $300 billion annual credit deficit for formal women-owned SMEs. It is nearly impossible to sustain a business without access to capital. Lack of networks, knowledge, and links to high value markets further limit female entrepreneurship in developing countries.<\/p>\n
We-Fi intends to change those statistics. Its holistic approach will help women in developing countries gain increased access to the finance, markets, and networks necessary to start and grow a business. Liza Donnelly<\/p><\/div>\n Notes to Worldbank Editors<\/b><\/p>\n All over the developing world, women have successfully made it in business. But they are a small group of women \u2014 only 30 percent of formal small and medium enterprises (SMEs) around the world are owned and run by women. … Continue reading
\nWorld Bank Statement on Women Entrepreneurs Finance Initiative We-Fi<\/a><\/p>\n![\"\"](\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2017\/10\/international-women-group-2.jpg\")
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