Exim Bank Wakes Up Sleeping Giant: Women Entrepreneurs


Exim Bank, known for supporting the financing of U.S. goods and services; turning export opportunities into real transactions; and, maintaining and creating more U.S. jobs (refer to their U.S. Small Business Exporters page), has just launched a unique women’s lending package which is part of its commitment to helping a sleeping giant segment grow and expand a business: women entrepreneurs.

The loans, issued to women entrepreneurs through Exim Bank`s retail banking regions and used for business start-ups, expansion, capital needs, or help with cash flow, according to the bank’s Marketing and Public Relations Manager, Christine Manyenye.

Referred to as Women Entrepreneurs Finance Program (WEF) — it has been designated to address some of the issues that impede women`s access to finance.

Exim Bank has already trained nearly 100 women in Moshi (e.g., a Tanzanian town), over 100 others in Arusha and more than 50 in Karatu. The Bank`s mission will proceed to Morogoro where they target 100 women, in Mtwara 75, Tanga 100, Mwanza, 100 and 200 in Comoro Islands by early April this year.

Exim Bank is a member of the Global Banking Alliance (GBA) for Women, a worldwide group of banks that are sharing best practices in order to accelerate the global growth and development of women`s businesses and women’s wealth creation.

Read more here.

Posted by: Laurel Delaney

2 Responses to “Exim Bank Wakes Up Sleeping Giant: Women Entrepreneurs”

  1. 1 r March 18, 2009 at 5:35 PM

    I am sorry to correct you, especially when I was very excited to see such a great leap in Exim Bank thinking, but the bank in question is not the US agency for support of American exports, but rather a Tanzanian bank that goes by the same name as the informal moniker of the US agency. See the bank’s own site
    which is reachable from the member page of the GBA site

    I was especially disappointed, as I was planning on summarising your review on a website devoted to gender diversity.


  2. 2 Laurel Delaney March 25, 2009 at 8:20 PM

    Thanks for pointing this out. Very misleading. But maybe a wake-up call not just for us but for USA Exim Bank!

    Much appreciation,

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