M - millions (US $)
MSMEs - Micro, Small and Medium-Sized Enterprises
Note: These numbers reflect the performance of ADB's Private Sector Financial Institutions Division, the division in ADB where WFX belongs to. Data is as of December 2021.
WFX engaged Centre for Excellence in Financial Inclusion (CEFI) to provide a series of online training to WSMEs. The series consisted of trainings in digital financial literacy, business skills and debt management and e-commerce. Over 90 WSMEs benefitted from the trainings, 22% of which was provided additional support through debt counseling or setting up or improving the e-commerce presence of their businesses. ADB published a short brochure online containing testimonies from three WSME attendees.