Washington, DC —IFC, the World Bank Group’s International Finance Corporation released the results of an Ipsos evaluation of the Bank of Palestine Felestineya Mini-MBA program. The report highlights IFC’s work in supporting the growth of women-owned Small and Medium Enterprises in West Bank and Gaza, a fragile and conflict-affected region.
IFC’s Banking on Women Program partnered with the Bank of Palestine to pilot an innovative training program for women entrepreneurs in the region. The Felestineya Mini-MBA program combined access to financial products with nonfinancial services such as financial management lessons and mentoring to boost the growth of women-owned SMEs.
The evaluation revealed that the results of the program were: enhanced self-confidence in women’s entrepreneurial abilities, expansion of their businesses, and creation of new jobs for both women and men. The report is available at here.
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Ipsos Public Affairs
Ipsos Public Affairs
IFC — a sister organization of the World Bank and member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. IFC works with more than 2,000 businesses worldwide, using its capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In FY17, IFC delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. For more information, visit www.ifc.org.
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