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Their research, as well as their experience in financing more than 100 financial institutions around the world with women as their final borrowers, enabled IFC to share the key needs of women entrepreneurs with the Kyrgyz financial sector. According to the World Bank, women’s need for financing in the world is $1.5 trillion, so the role of financial institutions in building the most effective steps to develop women’s entrepreneurship is of the greatest importance. At the same time, the division of needs depends to the greatest extent on the current level of development of the woman’s business, whether she is a start-up entrepreneur, or already has a stable business, or is just planning to create a business.

During the meeting, the potentials for financing women were also presented, which in the Kyrgyz Republic amount to 45.3 billion soms with a holistic transformation of the approach to lending to women, which consists not only in issuing a loan or deposit, but also covering non-financial needs, such as: organizing sectoral events and assistance in finding reliable partners, trainings in financial literacy and business planning, and many others. Thus, the main goal of the financial sector is to identify the current need and provide a solution for the woman entrepreneur.