Women Entrepreneurs Opportunity Facility

In 2014, Goldman Sachs 10,000 Women partnered with International Finance Corporation (IFC) to establish the Women Entrepreneurs Opportunity Facility (WEOF), the first-of-its-kind venture to support women-led businesses around the world.

Leveraging the resources, reach, and expertise of IFC and Goldman Sachs 10,000 Women, WEOF was created to expand and deepen financing for women SMEs in developing countries, empower women entrepreneurs through access to capital and expertise, and demonstrate the commercial viability of investing in women by attracting external investors.

WEOF Impact
$3 billion invested in financial institutions for women entrepreneurs – more than four times the initial goal of $600 million. This funding contributed to a $7.5bn increase in volume of loans on-lent by financial institutions to women SMEs.
Reached over 218,000 women SMEs, beating our 100,000 goal
Invested in 98 financial institutions across 56 countries
$900 million mobilized from external investors
As a result of WEOF, financial institutions are increasing both their total loan portfolios to women SMEs as well as the value of loans to women SMEs.
Progress Report
In October 2019, Goldman Sachs 10,000 Women released the WEOF Progress Report. This report takes a look at the first five years of our first-of-its-kind finance facility dedicated to women entrepreneurs globally.
Read Report
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