Kenya & Rwanda

Second Chance Success

March 2020 - 2022

Blended Finance Approaches to Women’s Economic Empowerment

Overview

When women are economically empowered, they re-invest in their families and communities, producing a multiplier effect that spurs economic growth and contributes to global peace and stability. Yet, lack of access to finance is one of the major barriers facing women entrepreneurs around the world.

While the women’s access-to-finance gap is well documented, little research exists which examines viable approaches that improve access to capital for women entrepreneurs. Without proven approaches, investment funds will not apply a gender lens to their investments, which perpetuates this gap. The Second Chance Success project seeks to identify and test strategies that remove barriers to women entrepreneurs’ access to capital. By sharing the results, best practices, and lessons learned from the Second Chance Success pilot, the project can make the business case to finance women entrepreneurs and also why GLI approaches are effective. This, in turn, can build the confidence of investors. Ultimately, greater investor confidence will lead to increased capital flows to women-owned businesses and investments that use a gender lens. 

Project Updates

Publications

Videos

Funder

This program was undertaken with the financial support of the United States Agency for International Development.

Partners

Criterion Institute, Volta Capital and Business Partners International (BPI)