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Japan ASEAN Women's Empowerment Fund (Myanmar)
Myanmar
2016
Ongoing
Keywords
Access to finance; Micro credit
Project description
To empower women through increasing their access to financial services, by investing in microfinance institutions (MFIs) that serve female entrepreneurs in primarily ASEAN countries. The Fund
provides debt financing to MFIs for on-lending to female entrepreneurs.
Target group
MFIs whose borrowers are majority female (60% of clients or more) and/or MFIs that have a product for women or clear intention to develop one.
Primary thematic area
Secondary thematic areas
Financial services
Gender training, research & mainstreaming
Project details
Umbrella programme
Asia Women Impact Fund
Accountable Org(s)
Blue Orchard
Funding Org(s)
Japan Bank for International Cooperation; Japan International Cooperation Agency; Sumitomo Life Insurance Company; Sasakawa Peace Foundation
Implementing/
Partner Org(s)
Blue Orchard; Summit Financial
Project contact
Tahmina Theis, Head of Communications, Blue Orchard (communication@blueorchard.com)
Funding (USD)
Committed
Spent
$
$
Project website
https://www.blueorchard.com/investment-solutions/blended-finance-mandates/fighting-poverty-striving-women-empowerment/
https://assets.ctfassets.net/4cgqlwde6qy0/486sbWFRVDlqKpzxXutxke/ee0112a89c4589b579f370c0352c41ac/JAWEF_Case_Study_-_Final_final__2_.pdf
D-Portal link
Project evaluation
Evaluation source
Implementing agency (Blue Orchard)
Evaluation methodology
Quantitative.
BlueOrchard evaluates the social and environmental impact of all potential investees of JAWEF using its proprietary impact management tool, Social Performance Impact Reporting & Intelligence Tool (SPIRIT). The tool, which is aligned with the International Finance Corporation�s Operating Principles for Impact Management, comprises seven dimensions, SPIRIT is used to assess and monitor investees throughout the investment cycle. During the investment process, the Portfolio Manager uses SPIRIT to assess the investee�s i) strategic intent (e.g, alignment between the investee�s business strategy and impact objectives), ii) balance between financial and impact returns, and iii) contribution to the achievement of its impact objectives.
BlueOrchard collects impact data on a quarterly basis using its standard social performance indicators. These include metrics such as: percentage of end clients that are female, percentage of MFIs with a minimum of 60% female clients, percentage of rural clients, and total number of microentrepreneurs reached by MFIs in the portfolio. BlueOrchard also developed specific impact targets for JAWEF, including increasing the number of female entrepreneurs reached
and the quality of services provided (e.g., by developing tailored financial products and training sessions for women).
Programme targets
Imapct as of Q4, 2019:
250,000 microentrepreneurs reached
78% of end borrowers are rural clients
91% of end borrowers are female
Results achieved
90 per cent of customers said they highly valued the service and were interested in continuing to receive account related information via SMS.
Targets met?
Imapct as of Q4, 2019:
250,000 microentrepreneurs reached
78% of end borrowers are rural clients
91% of end borrowers are female
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