Archived Webinar

Women’s Entrepreneurship – What works to enable Access to Finance for Women-Owned Businesses?

Lack of access to capital and financial services are among the major barriers faced by women entrepreneurs, particularly in marginalized communities. In 2017, the World Bank estimated a 1.7 trillion financial gap for women-owned micro, small, and medium enterprises (MSMEs). This webinar will feature findings and recommendations from a study in Ghana which explores the most effective ways to allocate grants to female entrepreneurs given pressures to spend money in the households. In Ethiopia, the Women Entrepreneurs Development Project (WEDP) supported the piloting of alternative credit scoring mechanisms, such as psychometric tools among participating Microfinancing Institutions, to enhance access to loans for women SMEs. In Cambodia, women own the majority of businesses (61 percent); however, due to the regulatory environment and social norms, they face more challenges in getting funding to expand and grow their business. A study conducted by the International Finance Corporation in the country provides recommendations on how to expand access to finance by working closely with banks to offer digital literacy programs and help women’s businesses adopting the newest digital technologies, from digital payments and POS to the development of web stores and digital delivery channels, as well as digital inventory management and online accounting support.

About the Presenters

Rachel Dawn Coleman, Operations Officer, World Bank Africa Gender Innovation Lab

Rachel Coleman is an Operations Officer at the World Bank’s Africa Gender Innovation Lab. She leads programs and research with financial institutions, tech companies and government stakeholders focused on access to finance and small business growth with a focus on solutions that support women business owners. She is passionate about using technology and analytics to design and scale financial products and services for underserved groups.

Francisco Moraes Leitao Campos, Senior Economist, World Bank's Finance, Competitiveness and Innovation Global Practice

Francisco Campos is a Senior Economist for the World Bank's Finance, Competitiveness and Innovation Global Practice. Francisco's main areas of interest are linked to private sector development, gender, entrepreneurship, and financial inclusion. He leads World Bank projects in fragile countries in Africa and various research studies on gender and entrepreneurship. Prior to joining the World Bank, he held a variety of positions on investment promotion and investment management.

Hans Dellien, Agrifinance Specialist – Country Anchor for Vietnam, Cambodia, and Laos, International Finance Corporation East Asia and Pacific region

Mr. Dellien is the Agrifinance Specialist for EAP at IFC and the FIG AS Country Anchor for Vietnam, Cambodia and Laos. Mr. Dellien supports Financial Institutions and Fintech’s in the region with the design and implementation of products, risk assessment technologies, and strategic partnerships to finance farmers and Agribusinesses. He has supported banks and Fintech companies in China, Indonesia, Vietnam, and the Philippines. Before joining IFC, Mr. Dellien was the Director of Microfinance Products at Women’s World Banking and coordinated advisory services to micro finance institutions and Banks across Africa, Asia, and Latin America. Prior joining WWB, Mr. Dellien worked 5 years for the International Project Consultants (IPC-Gmbh) a German consulting firm associated to PRO-CREDIT Holding. Mr. Dellien has a master’s degree in Agricultural Economics and Rural Finance from the Ohio State University.

Amy Luinstra, Senior Operations Officer, International Finance Corporation East Asia and Pacific

Amy manages gender programs, engages private sector clients, and advises colleagues on gender and inclusion issues across East Asia Pacific at the International Financial Corporation (IFC). Amy’s work, and that of the team she leads, is aimed at improving business outcomes through investing in workplace gender equality; including women in agribusiness value chains; facilitating access to finance and access to markets for women entrepreneurs; reaching female consumers as a distinct market segment; and addressing gender-based violence. Previously, Ms. Luinstra managed the Better Work program for IFC, a partnership with the International Labour Organization (ILO) and over 70 leading clothing brands that has improved the working conditions of over 3 million garment workers worldwide. Ms. Luinstra has worked at the ILO in Geneva and as a social protection and labor policy specialist at the World Bank.

Target Audience

IFC/World Bank staff, banks and other financing institutions, policymakers, private sector, ICT and online banking professionals, entrepreneurs.

Questions Submitted

Mohammad Nadir

- Mar 9, 2022
Excellent!
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