Access Bank and its international partner FMO the Dutch Development Bank have collaborated to provide financial empowerment to women entrepreneurs. The initiative was under Access Bank’s flagship women empowerment programme, the ‘W’ Initiative. Four women entrepreneurs from different fields were brought together with female leaders in finance from across the world to work alongside customers and staff of Access Bank in order to drive impact in gender finance.
Access Bank began its relationship with FMO in 2014 through a USD 40 million credit facility in conjunction with PROPARCO to support its lending activities to the private sector in the Ghanaian economy. FMO is the Dutch development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development, and has a 45-year proven track record of empowering people to employ their skills and improve their quality of life. FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. With a committed portfolio of EUR 9.8 billion spanning over 85 countries, FMO is one of the larger bilateral private sector developments banks globally.
