Addressing the $1.7 Trillion Financing Gap for Women Entrepreneurs

Saturday, 9 March 2024, 19:05
Women entrepreneurs globally struggle with a significant financing gap of $1.7 trillion, hindering their economic empowerment. To tackle this issue, the Mastercard Center for Inclusive Growth has collaborated with CARE to provide innovative financial tools tailored for women. Through this partnership, over nine million entrepreneurs have gained access to $154.9 million in loans, transforming cultural norms into opportunities for women's financial success.
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Addressing the $1.7 Trillion Financing Gap for Women Entrepreneurs

Empowering Women Entrepreneurs

Women entrepreneurs face a total financing gap of $1.7 trillion, highlighting the urgent need for tailored financial solutions. Partnering with CARE, the Mastercard Center for Inclusive Growth aims to reshape cultural norms that impede women's financial progress into opportunities. This collaboration has already assisted over nine million entrepreneurs in accessing $154.9 million in crucial loans.

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