Women's World Banking

Women’s World Banking is a global non-profit organization dedicated to empowering low-income women through financial inclusion. The organization focuses on designing and investing in financial solutions, institutions, and policy environments in emerging markets. Its mission is to enhance economic stability and prosperity for women, their families, and their communities. By promoting access to market-driven financial services, Women’s World Banking aims to transform the lives of women and foster inclusive growth on a global scale. Through its initiatives, the organization seeks to create a more equitable financial landscape that supports the economic advancement of women.

Mary Iskenderian

CEO and President

Caroline Kung

Managing Partner and Chief Investment Officer, US Fund

12 past transactions

Bike Bazaar

Series D in 2022
Bike Bazaar is a two-wheeler life cycle company based in Pune, Maharashtra, India, established in 2017. It offers a comprehensive range of services for buying, selling, and exchanging two-wheelers, as well as financing options for new and pre-owned vehicles. The company focuses on providing affordable solutions and a hassle-free experience throughout the two-wheeler lifecycle. Its financing services utilize proprietary underwriting tools to facilitate quick loan approvals with minimal documentation, allowing customers to secure loans within a day at manageable monthly installments. Additionally, Bike Bazaar promotes access to eco-friendly bikes and provides insurance services, creating a transparent marketplace for pre-owned two-wheelers.

Pezesha

Seed Round in 2022
Pezesha is a digital financial marketplace based in Nairobi, Kenya, that connects small and medium-sized businesses (SMBs) to various financing options, including working capital, float financing, and LPO financing. Founded in 2016, Pezesha aims to enhance access to affordable credit for micro-businesses by leveraging credit and data analytics to link lenders with low-income borrowers. The platform facilitates a shared economy by converging lending and other financial services, thereby enabling underserved SMBs to participate in the formal financial system. Through its innovative approach, Pezesha seeks to empower businesses and improve their growth potential by providing essential financial resources.

Sitara

Series C in 2022
Sitara provides affordable housing finance to the under-served low income households in urban and peri-urban locations.

Sitara

Secondary Market in 2022
Sitara provides affordable housing finance to the under-served low income households in urban and peri-urban locations.

Tugende

Debt Financing in 2022
Tugende is a financial services company based in Kampala, Uganda, focused on empowering informal sector entrepreneurs and small to medium-sized enterprises. Founded in 2012, Tugende primarily assists motorcycle taxi drivers in transitioning from renting to owning their motorcycles within eighteen months, thereby enhancing their income, job security, and road safety. In addition to motorcycles, Tugende provides business assets such as special hire taxis, matatus, and boat engines, as well as supplementary assets for existing clients like smartphones and salon equipment. The company also offers a range of services, including care services for health and life insurance, safety training, and value-added services like genuine parts and maintenance support. By addressing the credit gap and facilitating asset ownership, Tugende helps clients achieve financial independence and sustainable livelihoods.

Tugende

Series B in 2022
Tugende is a financial services company based in Kampala, Uganda, focused on empowering informal sector entrepreneurs and small to medium-sized enterprises. Founded in 2012, Tugende primarily assists motorcycle taxi drivers in transitioning from renting to owning their motorcycles within eighteen months, thereby enhancing their income, job security, and road safety. In addition to motorcycles, Tugende provides business assets such as special hire taxis, matatus, and boat engines, as well as supplementary assets for existing clients like smartphones and salon equipment. The company also offers a range of services, including care services for health and life insurance, safety training, and value-added services like genuine parts and maintenance support. By addressing the credit gap and facilitating asset ownership, Tugende helps clients achieve financial independence and sustainable livelihoods.

Amartha

Venture Round in 2021
Amartha is a microfinance technology platform that connects micro and small to medium-sized enterprises (SMEs) with investors. The company aims to foster economic growth from the grassroots level, promoting equal prosperity by bridging the gap between entrepreneurs and potential online lenders. Through its mobile applications and website, Amartha facilitates access to microfinance loans, enabling clients to enhance their businesses and contribute to the development of rural areas. By leveraging technology, Amartha seeks to create opportunities for financial inclusion and support the growth of local economies.

Annapurna Finance

Private Equity Round in 2021
Annapurna Finance is a microfinance institution focused on the financial and economic upliftment of underserved women and economically backward clients. The organization aims to expand microfinance operations in areas lacking access to formal financial systems, providing vital livelihood support to impoverished households. Annapurna Finance offers a range of need-based financial services, including micro-loans for clean water, sanitation, home improvement, support for widowed families, and small businesses. Additionally, the company provides customized insurance plans to ensure that customers receive tailored financial assistance aligned with their life cycle needs. By bringing these clients into the financial mainstream, Annapurna Finance facilitates economic empowerment and entrepreneurial skill development.

Aflore

Venture Round in 2021
Aflore is a financial services company based in Bogotá, Colombia, that aims to empower the unbanked population, which comprises 65% of the country. Founded in 2012, Aflore works by identifying and partnering with trusted financial advisors within local communities. The company equips these advisors with the necessary support and tools to facilitate the distribution of loans and financial products to their networks. By providing simple and flexible loan alternatives through a technology-driven approach, Aflore enables individuals in the middle class of Latin America to manage their finances, access personalized credit, and achieve their financial goals.

Pula Advisors

Series A in 2021
Pula Advisors they partner with organizations from agriculture to renewable energy.

Sitara

Series B in 2019
Sitara provides affordable housing finance to the under-served low income households in urban and peri-urban locations.
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