Posts Tagged 'IFC'

Women Are Driving the Global Economy

Just the facts:

  • Women are driving the global economy.
  • Women are responsible for $20 trillion U.S. dollars in annual consumer spending.
  • 28% of registered SMEs globally are started by women.
  • Investing in women entrepreneurs and business owners is a huge market opportunity.
  • Women should be an economic priority.
  • Women’s market is growing at a faster growth rate than men — globally.
  • Women have a high level of commitment and loyalty.
  • Women are risk-aware.
  • Women share positive experiences.
  • Women are the next emerging market.
  • WEGG educates women entrepreneurs and business owners worldwide on how to go global.


Note: Don’t miss our next WEGGinar™ 3/7/18 on “Becoming Your Own Global Distribution Solution” and presented by Rebecca Herwick, President/CEO, Global Products Inc. Register here. Event is free of charge but you must register in advance to attend.

Coca Cola Co. and IFC Initiative to Help Female Entrepreneurs in Emerging Markets


Atlanta-based Coca-Cola Co. is working on a new project to benefit Coke and empower female entrepreneurs around the world.

Coke is teaming up with the International Finance Corp. (IFC), a member of the World Bank Group, which will provide $100 million in financing over three years to female members of the supply chain who are key to Coke’s ability to sell beverages in more than 200 countries.

Read the entire article here.  More here.

Related article:  5by20 | Women Entrepreneurs GROW Global

Photo courtesy:  5by20 News Center:  The Coca-Cola Company

Posted by:  Laurel Delaney

Free Program Enables GROWING Global


Yes, you read that right. In follow up to our last post, if you are stuck on how to grow global, get unstuck fast with this cool resource — the SME Toolkit — for yourself, your team, your business and your world.

IBM and IFC, the private sector arm of the World Bank, launched this small business toolkit specifically for small business owners in emerging markets as well as women, Black, Hispanic, Native American, and Asian entrepreneurs in the U.S., to receive highly developed business information, tools, and training services usually reserved for Fortune 1000 companies.

The SME Toolkit is a free program that enables entrepreneurs and small businesses to learn how to implement the sustainable business management practices needed for growth in areas such as finance, accounting, international business, marketing, human resources or legal.

Now go take on the world in a BIG way! No excuses, just do it.

Access to Finance for Global Women Entrepreneurs


Although this Summit took place October 20 to 22, 2008 in London, we are reporting it after the fact because you will want to track what IFC, a member of the World Bank Group, does in the future for women entrepreneurs globally.

The event presented an opportunity for member banks — part of the Global Banking Alliance for Women — operating in developed and emerging markets to share experiences and lessons learned in accessing the women’s market profitably.  Discussions revolved around four key topics:

1.  Integrating women entrepreneurs in the bank’s strategy.

2.  Educating women clients to help them achieve their business goals.

3.  Identifying opportunities for the women’s market.

4.  Deciding the future direction of the alliance.

Rachel Kyte, IFC Vice President for Business Advisory Services, said, “IFC research demonstrates that access to finance is one of the main obstacles to the growth of women-owned small and medium enterprises.

Since 2005, the overall membership of the Global Banking Alliance for Women has grown from four to 18, five of which are from emerging markets, including Egypt, Malawi, Nigeria, South Africa, Tanzania, and Uganda. This increased interest reflects the growing recognition of the alliance at global and political levels.

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Our mission is to educate, inspire and nurture women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.

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