GGSF Publishes 2024 Annual Report Highlighting First Year Impact
The Global Gender-Smart Fund (GGSF) has released its 2024 Annual Report, marking a successful first year since its establishment and joining the InFiNe network. The report showcases the fund’s implementation of an ambitious gender-focused investment strategy aimed at improving livelihoods, advancing gender equity, and fostering women’s leadership across developing markets.
In its inaugural year, GGSF delivered measurable results with $300 million invested across 24 countries, supporting over 320,000 women clients through 52 financial institutions. The fund built on the strong foundation of its predecessor, the Microfinance Enhancement Facility (MEF), to launch this transformative approach to gender-inclusive finance.
According to the Chair of GGSF’s Board, this milestone represents “the beginning of a transformative journey to implement an ambitious gender-focused investment strategy aimed at improving livelihoods, advancing gender equity, and fostering women’s leadership across developing markets.”
The annual report highlights the collaborative efforts of shareholders, investors, the Board, AIFM team, portfolio managers, technical assistance providers, and industry partners who contributed to the fund’s first-year success. GGSF expresses gratitude to all partners and stakeholders for their support in achieving these initial milestones.
