Equitable Access to Capital
Summary
Visa Foundation has made a five-year, strategic $200 million commitment to advance an equitable system of capital to support the growth of gender diverse and inclusive small and micro businesses (SMBs) around the world. This action expands Visa and the Visa Foundation’s long-standing support for small and micro businesses globally.
Through Equitable Access to Capital, the Visa Foundation will provide $60 million in grants to NGOs dedicated to supporting gender diverse and inclusive SMBs and allocate $140 million with investment partners that generate positive social and financial returns.
Amount of Commitment
USD200M
Call to Action
Visa Foundation seeks insights, perspectives and lessons learned from leaders investing with a gender lens and/or in small and micro businesses to provide a platform to share knowledge and amplify our collective work.
Lead Organisation
Visa Foundation
Start Date
April 2020
Impact Regions
Global
Goal
Advance an equitable system of capital to support the growth of gender diverse and inclusive small and micro businesses.
“When women thrive, economies thrive. As grant makers in advancing inclusive development, we must work together to ensure that we’re funding initiatives that help dismantle systemic barriers that keep women entrepreneurs and small business owners from accessing capital, growing their businesses and reinvesting in their local economies”
Milestones and Key Dates
April 2020
Commitment announced
Impact Measurement and Key Metrics
· Investors: Increased supply of capital managed by gender diverse and inclusive teams
· SMB founders/leaders: Increased capacity to access & manage more capital and grow
· SMB employees: Increased employment of women in fair, decent and formal jobs created by small businesses
· Ecosystem actors: Increased tools & resources to address social and cultural barriers to women’s participation
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