Women's Forum Asia 19


Wendy Teleki

Women Entrepreneurs Finance Initiative

Head of Secretariat


Wendy Teleki is Head of Secretariat for the Women Entrepreneurs Finance Initiative (We-Fi). We-Fi is a collaborative partnership among governments, multilateral development banks and other stakeholders. It seeks to unlock more than US$1 billion in financing for women-led small and medium size enterprises in developing countries to address financial and non-financial barriers and create a better ecosystem for women entrepreneurs. The Secretariat, which is housed in the Office of the World Bank CEO, is responsible for supporting the We-Fi Governing Committee in the allocation of a pool of $350 million and also undertaking advocacy, learning and evaluation focused on strengthening opportunities for women entrepreneurs. Ms. Teleki joined We-Fi in May 2019. Prior to that, Ms. Teleki worked with the International Finance Corporation leading numerous activities and initiatives focused on small and medium enterprise development with a focus on access to finance in emerging markets around the world. This included several blended finance, investment and advisory programs, including IFC’s We-Fi program and the Global SME Finance Initiative.