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Entrepreneurship is all about perseverance, about believing enough to withstand anything and everything that comes your way.

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Goldman Sachs 10,000 Women is a global initiative that fosters economic growth by providing women entrepreneurs around the world with a business and management education, mentoring and networking, and access to capital.

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About the program

In 2008, based on a growing body of research to support the economic opportunity of investing in women, Goldman Sachs launched 10,000 Women to provide women entrepreneurs around the world with business management education, mentoring and networking, and access to capital. To date, the initiative has reached over 10,000 women from across 56 countries and resulted in immediate and sustained business growth for graduates of the program.

10,000 +

women

10,000
56

countries

56
30 +
30

world leading business schools

100
100

academic and non profit partners

 

The opportunity: Increase access to capital

One of the biggest obstacles faced by women entrepreneurs around the world is a lack of access to capital to help grow their businesses. The World Bank Group’s International Finance Corporation (IFC) estimates that as many as 70 percent of women-owned small-and-medium enterprises in developing countries are unserved or underserved by financial institutions – resulting in a credit gap of around $285 billion.

  • Women entrepreneurs show great potential for growth...
  • 90%

    of graduates pay it forward by mentoring other women in their communities

  • 58%

    of graduates added new jobs with an average growth of over 3.5 employees

  • 69%

    of graduates increased revenue

  • ...but to fulfill their potential, they need access to credit
  • 70%

    of women-owned small businesses in developing countries are underserved by financial institutions

  • 285BN

    is the estimated credit gap for women entrepreneurs

  • 12%

    increase in per capita income by 2030 that could be created by closing this gap

Partners and support

LAUNCH OF THE LOAN FACILITY

In 2014, Goldman Sachs and IFC created the first-ever loan facility for women-owned small-and-medium enterprises to enable 100,000 women around the world to access capital.

  • EMPOWER

    up to 100,000 women entrepreneurs by providing access to capital

  • STIMULATE

    economic growth

  • BUILD

    stronger, more prosperous communities

Year Two Progress

Two years after launching the loan facility, this public-private partnership, spurred by private sector innovation, has catalyzed new investments from both the public and private sectors and reached more than 30,000 women in 17 countries.

30,000

women entrepreneurs

17

emerging markets

$ 600 MM

in committed investments

Program Progress

How the loan facility works

How the loan facility works
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