Grants and Contributions:

Innovative Finance For Ethiopian Women Entrepreneurs (IF WE)

7405546 P002936001

$16,000,000.00

Mar 29, 2019 - Mar 31, 2025

In Ethiopia, despite the economy growing at a rapid pace, women are employed more in the informal sector, have much higher rates of unemployment, and are paid less than men for the same jobs. Taking a feminist approach and building on proven results, this project addresses the social, financial and business challenges that prevent Ethiopian women from obtaining the financial and technical support needed to run successful businesses. The project aims to develop and test the impacts of experimental approaches to women’s economic empowerment. The project is implemented in five regions across Ethiopia and aims to benefit 25,000 women. The project’s impact is to empower women to have greater influence and leadership in the business sector.

Global Affairs Canada

The expected outcomes for this project include: (1) increased decision-making, control over resources, and leadership by women entrepreneurs in Ethiopia; (2) new, creative options provided by banks to increase women entrepreneurs’ access to finance; and (3) more effective programs and policies that directly address the challenges and barriers faced by women entrepreneurs, delivered and funded by governments, donors and private companies.

Washington, US

064-2019-2020-Q2-00191

Grant

Grants and Contributions

Not-for-profit organization or charity

The end date is changed to 2025-03-31.

Mar 21, 2023

IBRD Trust Funds - World Bank

International Development Assistance Program

The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.