Finance program passes target of helping 100,000 women entrepreneurs

— on Wednesday will announce it has reached 164,000+ women entrepreneurs, eclipsing the target of 100,000 set at launch nine years ago.The program tells Axios on International Women's Day that it has provided over $4.5 billion in loans via financial institutions to women-owned businesses.95 financial institutions, the first-of-its-kind finance facility has made more than 172,000 loans in 55 countries, ...

"WEOF-participating financial institutions continue to report healthy growth and strong asset quality in their women-owned SME portfolios."David Solomon, Goldman Sachs chairman and CEO, says in a statement to Axios: "Through this innovative facility, we've helped tens of thousands of women business owners access capital so that they can grow their businesses, reach their potential and drive economic growth."Dr.

"My aim is that three years down the line," she says, "if someone is looking to build a hospital, they should call us."of the 10,000 Women in-person business education program, which has reached 200,000+ women in 150+ countries since launching in 2008.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pike Place Market celebrating its women-owned businesses in honor of Women’s History MonthCurrently, 50% of the businesses in the Market are owned or co-owned by women. About one-third of those businesses are entirely women-owned.
Source: KIRO7Seattle - 🏆 271. / 63 Read more »