ANYSE2018 아시아 사회적경제, 젠더에 눈뜨다 : 세상을 바꾸는 W의 이야기

1. Increase access to capital for women entrepreneurs in
Southeast Asia
Seoul, South Korea
July 4, 2018
2018 Asia Network for Young
Social Entrepreneurs
James Soukamneuth, Ph.D.
Impact Investing Partnership Director
Women’s Economic Empowerment
Impact Investing in Women’s SMEs

2. 4.
Gender Lens Investing in Southeast Asia - Agenda
▪ Aid Effectiveness – New Models to Address Global Challenges
▪ Impact Investing with a Gender Lens – Key Concepts
▪ Development Context – Untapped Market Opportunities
▪ Response by Investing in Women (IW)
➢ Direct Market Interventions
➢ Market Building Role
▪ Market Innovations – Blended Finance for Gender Lens Investing
▪ Key Take-aways
▪ Call to Action – Moving Capital with a Gender Lens
2

3. Inefficiencies in aid delivery and management
Aid dependency
Duplication and lack of donor coordination
Ineffective local institutions
Mixed record of aid effectiveness and persistence of large-scale global problems
Questionable return on investments
Insufficient resources
Questionable accountability
Limited sustainability
Tied aid and conditionalities
Lack of strategic focus and selectivity
Fragmentation and high transaction costs
Neo-colonialism
Poor performance monitoring
No correlation with economic development
Top-down
Lack of local ownership
Limited scalability
From aid to economic
partnership
Private Sector Engagement Aid Effectiveness
3

4. Private sector partnerships – in search of new models of development
Business principles and perspectives
Creative destruction, market innovation, and dynamism
Important source of capital
Sustainability as going concern
Scalable solutions
Market efficiencies Job creation
Engines of economic growth
From aid to economic
partnership
4
Private Sector Engagement Aid Effectiveness

5. External Finance Flows to Developing Countries (US$ million), 2000 – 2015
Source: www.oecd.org/dac/stats/beyond-oda.htm
Financing for Development
5
Aid Effectiveness

6. Addressing the SDGs faces an annual financing gap of some USD 2.5 Trillion.
Source: UNCTAD, World Investment Report 2014.
Financing for Development
6
Aid Effectiveness

7. Impact Investing
Seeking to make investments, with the
intention to generate measurable
gender, social, and/or environmental
impact alongside financial returns
Donating
Philanthropic Donations
Venture Philanthropy
Program-related
Investments
Pure Social
Investing
Pure Profit
ESG Investments
Socially Responsible
Investing
Traditional Investments
Impact
Investing
Impact-First Investments
Finance-First Investments
7
Key Concepts Impact Investing with a Gender Lens

8. Gender Lens Investing: Set of principles that integrate gender analysis into the investment
process to achieve better outcomes and promote gender equality.
Access to Capital Workplace Equity Products and Services
Threads of
Investment
Activities
(What)
Creating
gender
impact
8
Impact Investing with a Gender LensKey Concepts
Gender
Impact
Management
(How)
Informed by
gender
analysis
Investment Process

9. Untapped Market Potential
9
Development Context
Economic Dividend
Lost economic opportunity
without gender parity
Globally
USD 12.0 Trillion
Asia Pacific
USD 4.5 Trillion

10. Sources: Various industry reports.
Untapped Market Potential
10
Development Context
Female
Economy
Growing wealth
and purchasing
power
Starting businesses
1.5x
the pace of men
Inheriting
70% - USD 28 Trillion
of inter-generational
wealth transfers (USA)
Driving
80% - USD 18 Trillion
of all consumer
spending
Controlling
30% - USD 40 Trillion
of global private
wealth
Increasing wealth
assets annually by
7% - Globally
13% - Asia Pacific
Contributing
83%
to urban household
income (Asia)
Pushing
growth of on-line
shopping
in Asia

11. Closing the gender credit gap for women-owned SMEs can drive global
growth ➔ boosting income per capita 12% higher by 2030.
Sources: Goldman Sachs, Giving Credit Where Credit is Due, 2014.
Untapped Market Potential
11
70% of
women’s
SMEs
Unserved and
under-served by
formal financial
institutions in
emerging markets
Women’s
SME finance
gap
▪ Globally: US$ 285 B
▪ East Asia: US$ 68 B
Small and
informal
entrepreneurs
Disproportionately
affected by credit
gap
Development Context
Unbanked
and under-
capitalized,
worldwide
SME
Sector

12. Women’s full economic potential in business remans unrealized, hindered by implicit/explicit biases.
Gender Biases
12
Development Context
Companies
with women
CEOs secure
3%
of venture
capital
Women
account for
20%
of portfolio
managers at
mutual funds
Women-led
businesses receive
less than 1%
of corporate
procurement
contracts
Women partners
make up
8%
of venture capital
firms (USA)
Sources: Various industry reports.
Female executives
appear on
5%
of venture-funded
firms (USA)
Investors exhibit
gender stereotypes
about entrepreneurial
performance, risk, and
ambition

13. 13
Gender Biases
“We don’t see
things as they
are. We see
them as we
are.”
Anaïs Nin
Development Context

14. 1.
Impact investments into women’s SMEs significantly increase in Southeast Asia.
Addressing Supply-side Constraints
Investing in Women Champions Industry PlayersImpact Investors
Direct Market
Interventions
Investment Financing
Operational Support
Market
Building Role
Gender Lens
Ecosystem
Knowledge Building
Catalyzing the market Influencing the market
14
Response by Investing in WomenSchematic Framework

15. Impact Investing Partners
15
Market Innovations

16. 16
Why invest with a gender lens?
1. Market opportunities
2. Alignment with core
values and mission
3. Fundraising potential
Implication for Future Activities
1. Strengthen the overall
business case.
2. Reinforce natural linkages
between growth of impact
investing with gender lens
investing.
3. Develop targeted investor
engagement strategy to
move capital with a gender
lens to the region.
➔
➔
➔
Key Take-AwaysGender Impact Investing

17. 17
If impact investors look
to create stronger social
impact, then they need
to incorporate an
intentional gender lens
into their investment
strategy.
Key Take-AwaysGender Impact Investing

18. 18
Call to ActionInvesting in Women
▪ Invest in female leaders.
▪ Address gender biases.
▪ Promote workplace gender equity.
▪ Demand gender-inclusive strategies.
▪ Don’t wait.

19. Thank You!
B. James Soukamneuth, Ph.D.
Impact Investing Partnership Director
Investing in Women Initiative
Level 25 Citibank Tower
Valero St. (cor. Villar St.)
Makati City, 1226 Philippines
e: james.soukam@investinginwomen.asia
t : +63-927-225-6167
t: +63 (0) 947 387 1314 (Philippines)
+61 (0) 2 6249 6254 (Australia)
e: program@investinginwomen.asia
www.investinginwomen.asia
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