Designing a Credit Facility for Women Entrepreneurs
In October 2012, the Government of Ethiopia launched the Women Entrepreneurship Development Project (WEDP), with the aim of increasing the earnings and employment of growth-oriented micro and small enterprises (MSEs) owned or partly-owned by women entrepreneurs in Ethiopia. In doing so, it created the first ever women-entrepreneur focused line of credit in Africa, and one of few such operations in the world. In addition to the USD 45.9 million in financing, WEDP also offered a variety of innovative training opportunities, designed to not only enhance the business skills of its clients, but their entrepreneurial mindset and practices as well.
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| Main Authors: | , , , |
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| Format: | Report biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020-05
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| Subjects: | FEMALE ENTREPRENEURS, MICROENTERPRISES, ACCESS TO FINANCE, BUSINESS SUPPORT, PRIVATE SECTOR DEVELOPMENT, AFRICA GENDER POLICY, GENDER INNOVATION LAB, |
| Online Access: | http://documents.worldbank.org/curated/en/340011593541910224/Designing-a-Credit-Facility-for-Women-Entrepreneurs-Lessons-from-the-Ethiopia-Women-Entrepreneurship-Development-Project https://hdl.handle.net/10986/34013 |
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| Summary: | In October 2012, the Government of Ethiopia launched the Women Entrepreneurship Development Project (WEDP), with the aim of increasing the earnings and employment of growth-oriented micro and small enterprises (MSEs) owned or partly-owned by women entrepreneurs in Ethiopia. In doing so, it created the first ever women-entrepreneur focused line of credit in Africa, and one of few such operations in the world. In addition to the USD 45.9 million in financing, WEDP also offered a variety of innovative training opportunities, designed to not only enhance the business skills of its clients, but their entrepreneurial mindset and practices as well. |
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