Location
Namibia
Topic
Access to Finance, Women's Economic Empowerment
Beneficiary
Environmental Investment Fund of Namibia (EIF)
Status
Implementation
Year
2023
Namibia has a relatively high proportion of financially included women compared to its peers in the region. Nevertheless, women and women-led businesses still face constraints to accessing formal financing, partially due to collateral requirement and financial literacy.
The Environmental Investment Fund of Namibia (EIF) has requested support from the ICR Facility to review and improve how the institution is currently serving women. This support will align with and contribute to national strategies on gender and financial inclusion in Namibia.
The ICR Facility is providing tailor-made technical assistance to EIF to strenghten its internal gender operations and client-facing gender-lens investing activities, to ultimately better promote gender equitable development that protect and main the natural and environmental resources of the country.
This intervention comprises three main areas of support:
Upon completion of this intervention, EIF will have:
The ICR Facility assisted us in becoming more gender responsive and gender aware.
[The support they provided] really strengthened our internal capacity in terms of carrying out gender activities […] The journey has been eye opening for EIF.
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