Women have been 1.8 times more likely to experience job loss than men globally during the pandemic. Meanwhile, women’s unpaid work and responsibilities in caring for family members increased dramatically. With generous assistance from donors, FINCA enhanced its support for women throughout the pandemic and beyond.
Here are some recent highlights of FINCA’s work on women’s empowerment:
Finally, building on FINCA’s commitment to increasing women’s access to capital, we boosted investments in startups with female founders. FINCA is ahead of the global average of investments in startups with female founders. Globally, only 20 percent of startups raising their first funding round have a female founder. By the end of 2021, 65 percent of the startups that FINCA supports had female founders.
To learn more about how FINCA is empowering women globally, join our virtual event commemorating International Women’s Day on March 8th.