WE Finance Code
Women Entrepreneurs Finance Code:�Regional Experience and Key Players
Women Entrepreneurs Finance Code
A global initiative that uses data-driven solutions to stimulate financing for women entrepreneurs.
Medium- and long-term results
Financial services and products for MSMEs are introduced based on market data
Availability of national data disaggregated by gender as a basis for evidence-based policy and market analysis
Improved harmonisation of data and definitions
Overall objectives
Increase the amount of financing provided to women entrepreneurs
(volume and share of financing)
Increase the number of financially sustainable and successful women entrepreneurs
Increase in added value to the economy
Global reach, regional implementation
The Code is being implemented in 30+ countries, with more than 250 signatories and the participation of key international development institutions
EASTERN EUROPE
Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Serbia, Montenegro
CENTRAL ASIA
Kazakhstan, Kyrgyzstan, Mongolia,
Tajikistan, Uzbekistan
SOUTHERN AND EASTERN MEDITERRANEAN
Egypt, Morocco
Adhering to a global concept, the Code is adapted to the local context and aims to bring about systemic changes in the financing of women entrepreneurs.
The EBRD is leading
the implementation of the Code in
13 countries
EBRD implementation
Other MDBs
Implementation of the Code in Central Asia
| Kazakhstan | Kyrgyzstan | Mongolia | Tajikistan | Uzbekistan |
Launch of the Code | March 2026 | 4 July 2025 | 16 April 2025 | 22 October 2025 | 10 June 2024 |
Key participants | | | | | |
Signatories—financial institutions | In the process of recruitment | 23 banks, MFOs, associations | 70 banks, MFOs, associations | 6 banks and MFOs | 17 banks, MFOs, business associations, CCI |
Data aggregator and dashboard | | | | | |
Regulators, government agencies, and associations of financial organisations in Central Asian countries
Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market
Key participants and their roles in implementing the Code
| Financial institutions and associations | Regulators – National/Central Bank | Government agencies | Parliament |
Key roles | Financing and servicing women entrepreneurs and coordinating expertise | Regulation and aggregator of sectoral data | Support and development of women's entrepreneurship | Legislative amendments and initiatives |
| Creation of financial and non-financial proposals Summarising best practices and joint actions | Standardisation of gender-disaggregated reporting, analysis and adoption of incentive regulatory measures | Design and implementation of government programmes based on market data on women's entrepreneurship | Definition of women's entrepreneurship, national strategy |
Dialogue and consolidated movement