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    Signature(s)

    Amount
    € 10,344,517.41
    Sector(s)
    Services : € 10,344,517.41
    Signature date(s)
    19/12/2019 : € 10,344,517.41

    Summary sheet

    Release date
    4 April 2019
    Status
    Reference
    Signed | 19/12/2019
    20180557
    Project name
    Promoter - financial intermediary
    WOMENS WORLD BANKING CAPITAL PARTNERS II FUND
    WWB ASSET MANAGEMENT LLC
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 12 million (EUR 10 million)
    USD 100 million (EUR 90 million)
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the investment into a private equity fund specialising in women-focused inclusive financial institutions (global scope with a focus on Sub-Saharan Africa) and financial technology.

    The project aims at increasing financial inclusion in emerging markets with the goal to reduce the gender gap. The fund will make minority equity investments in financial service providers and expects to pursue a gender strategy that focuses on the financial needs of women and their participation in the staff and management of the investees. The gender lens applied to financial inclusion is intended to allow financially excluded or underserved women to access a broad range of financial services and to grow their businesses.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - WOMENS WORLD BANKING CAPITAL PARTNERS II FUND
    Publication Date
    11 Jun 2019
    Document language
    Main Topic
    Lending
    Document Number
    92112374
    Document Focus
    Environmental Information
    Project Number
    20180557
    Sector(s)
    Publicly available
    Download now

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