Project detail - GLOBAL BANKING ALLIANCE FOR WOMEN

GLOBAL BANKING ALLIANCE FOR WOMEN

Status: Completed investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

The Global Banking Alliance for Women (GBA) is a global consortium of financial institutions dedicated to supporting banks by capturing the opportunity of the Women’s Market. GBA members work in more than 135 countries to build innovative, comprehensive programs that deliver women the tools that they need to succeed, including access to capital, information, education and markets. Indirectly, this project will benefit FMO’s client banks, primarily in Africa and Asia, but also other regions.

What is our funding objective?

The aim of this third project with GBA is to support two critical areas necessary to grow the Alliance and integrate more women into the economy. Firstly, peer learning activities and secondly, building gender data capacity for GBA and its members and select stakeholders.

Why do we fund this investment?

The strategic relevance of this project is very high. The focus on economically empowering women resonates strongly with the MASSIF strategy. Our engagement with GBA on this occasion, will be towards the MASSIF country list. In addition, there is a focus on data analytics and benchmarking in this period, which is innovative, stimulating innovation amongst members.

More investments

Date Total FMO financing
1/13/2021 EUR 0.17 MLN
8/27/2018 EUR 0.24 MLN
Country
Global
Sector
Infrastructure, Manufacturing and Services
Effective date
8/5/2019
End date
6/8/2022
Total FMO financing
EUR 0.20 MLN
Funding
MASSIF