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Sierra Leone  ยท  Women’s Finance  ยท  Green by Design

Driving financial
inclusion for
women in
Sierra Leone.

Women’s Green Bank is a specialised commercial bank in formation for women entrepreneurs โ€” combining accessible banking, enterprise finance, green finance, insurance and financial literacy, built on a proven women’s banking model.

๐Ÿฆ Registered 2024
Women’s Green Bank (SL) Ltd
๐Ÿ“Š 5,476 Women Account Holders
Susue’s WomenFinance track record
๐Ÿ“ˆ 99% Reported Repayment
1% reported NPLs

ESEY Awards 2026/27

Our founder, Naasu Fofanah, is in the running in two categories

The Investec Early-Stage Entrepreneur of the Year Awards celebrate the founders building what comes next. Naasu is in the running for two of them, for her work putting finance in the hands of women across Sierra Leone.

  • ESEY Awards 2026/27 graphic for Naasu Fofanah, Founder of Women's Green Bank, in the category The Future is Female

    Category

    The Future is Female

    Recognising a bank built around the women that formal finance has too often left out.

  • ESEY Awards 2026/27 graphic for Naasu Fofanah, Founder of Women's Green Bank, in the category The Future is Finance

    Category

    The Future is Finance

    Recognising a new model for sustainable finance that reaches women-led enterprise.

  • Founded Susue’s WomenFinance, whose co-venture with Sierra Leone Commercial Bank created the Women’s Banking Product
  • Sierra Leone’s first Special Gender Adviser to the President
  • Yale World Fellow and Co-Chair of the Bank of Sierra Leone Financial Literacy Working Group
The Problem We Solve

Women run most of Sierra Leone’s small businesses. Formal finance still passes them by.

Women drive the economy โ€” as traders, farmers, producers and entrepreneurs. Yet they receive only a fraction of formal credit, leaving a large and clear market gap. Women’s Green Bank exists to close it.

~60%
of MSMEs in Sierra Leone are run by women
<15%
of formal credit is received by women
85%
of women are estimated to be outside formal finance
$360M
in estimated unmet financing demand
๐Ÿ’ก

Women’s Green Bank exists to change this โ€” at scale, and sustainably.

Our products reflect the daily, seasonal and irregular cash flows of women’s businesses. Savings and transaction accounts create a pathway into formal finance โ€” reaching women through channels they already use, from mobile money to trusted local agents.

Proven, Not Theoretical

Built on what already works.

Before becoming Women’s Green Bank, our model was tested through Susue’s WomenFinance and its co-venture with the Sierra Leone Commercial Bank (SLCB), working alongside the Market Women Association of Sierra Leone. The Women’s Banking Product โ€” approved by the Bank of Sierra Leone in 2022 โ€” became one of SLCB’s top-performing products within three years.

When banking is designed for women, participation follows. Women’s Green Bank is the next phase: a dedicated institution with women’s leadership at the centre.

2021

Partnership with SLCB agreed

Co-venture agreement signed with Sierra Leone Commercial Bank to develop the Women’s Banking Product.

2022

Product approved & accounts open

Bank of Sierra Leone approves the Women’s Banking Product. Market women begin saving immediately. First loans disbursed March 2023.

2023

4,605 accounts ยท $350K loans ยท $230K deposits

The model proves that when access is designed for women, they save, borrow responsibly, and grow.

2024

Women’s Green Bank (SL) Ltd registered

Engagement begins on the Bank of Sierra Leone licensing pathway. AfDB discussions underway.

2026

5,476 account holders ยท $908K loans ยท US$10M raise

Proof of success continues to grow as WGB launches its US$10M Tier 1 capital raise and five-year establishment plan.

Proof of Success ยท Susue’s WomenFinance
5,476
Women account holders
$908K
In loans granted ยท 512 loans disbursed
$293K
Deposits mobilised
99% reported repayment rate and 1% reported NPLs, with 40 repeat borrowers across 3 active hubs.
“When banking is designed for women, participation follows.”
โ€” Women’s Green Bank, built on Susue’s WomenFinance
What Makes Us Different

Not just access โ€” alignment.

Every design decision โ€” from product structure to delivery channel โ€” starts with one question: does this work for the women-led businesses of Sierra Leone?

๐Ÿ‘ฉโ€๐Ÿ’ผ

Integrated delivery

Women-focused products reflect daily, seasonal and irregular cash flows. Savings and transaction accounts create a pathway into formal finance.

๐Ÿ“ฑ

Digital and rural reach

USSD (*999#), Mi Yone Tellers, agents and mobile-money linkages reduce geographic, transaction-cost and technology barriers for underserved and rural women.

๐ŸŒฑ

Green by design

Green finance is embedded in the model, linking women’s enterprise growth with climate-resilient investment in climate-smart agriculture, clean energy and recycling.

โ›๏ธ

Women in Mining

A dedicated pathway offering finance, PPE, formalisation, financial literacy and market linkages for women working in mining.

๐Ÿ›ก๏ธ

Bundled insurance

Affordable protection against selected business, asset and climate risks, delivered alongside savings, credit and financial literacy.

๐ŸŒ

Built for blended finance

A commercial engine driven by savings and lending, with donor support for establishment and DFI, concessional and private capital alongside โ€” suited to gender and climate mandates.

Our Vision

One million women. One bank. Built for the future.

Our mission is to provide and facilitate access to financial services designed around the needs of one million business women operating in the informal sector. Our primary concern is their financial well-being. We desire to be the primary gateway to financial services for women in Sierra Leone โ€” and eventually across West Africa.

Women’s Green Bank (SL) Ltd was registered in 2024 and is following a seven-stage establishment roadmap โ€” from feasibility and the Bank of Sierra Leone licensing pathway to governance, safeguards, and green and digital systems โ€” backed by a US$10 million Tier 1 capital raise.

20,000
Women entrepreneurs financed by 2031, creating 5,000 new jobs in women-led SMEs
>$15M
Loans and green finance deployed by 2031, with a green/climate portfolio share of 30%+
50,000
Women reached through microinsurance, and 1,000 women miners supported toward formalisation
Partner With Us

Join us in building a specialised bank for women and climate-resilient growth.

We are raising US$10 million in Tier 1 capital and seeking mission-aligned investors, development finance institutions and strategic partners for the next phase of Women’s Green Bank.

Founding Investors
Equity & Capital Partners
  • Tier 1 equity in the US$10M capital raise
  • Board observer or advisory seat
  • Priority access to financial performance data
  • Co-investment alongside DFI equity and concessional green debt
  • First-mover positioning in a $360M market gap
Enquire Now
Development Partners
DFIs & Grant Funders
  • Feasibility and regulatory preparation
  • Technical assistance: product design, risk systems & ESG
  • Systems development & capacity building
  • Guarantees and concessional green debt
  • Impact reporting against the 2026โ€“2031 ambition
Learn More
Strategic Partners
Technology & Distribution
  • USSD (*999#), mobile money & core banking integration
  • Agent networks and Mi Yone Tellers
  • Climate-smart agriculture, clean energy & recycling value chains
  • Women in Mining: PPE, formalisation & market linkages
  • Financial literacy and women’s enterprise training
Explore Partnership

Built with and engaging

Susue’s WomenFinance
Sierra Leone Commercial Bank
Market Women Association (SL)
Bank of Sierra Leone
African Development Bank
Get In Touch

Let’s build something that lasts.

Whether you are a development finance institution, a private investor, a strategic partner, a journalist, or simply someone who wants to follow our journey โ€” we would love to hear from you.

๐Ÿฆ
Investors & Capital Partners
Tier 1 equity in our US$10M capital raise, alongside concessional debt and guarantees.
๐ŸŒ
Development Finance & Grants
DFIs, foundations and grant-makers supporting establishment, systems and technical assistance under gender and climate mandates.
๐Ÿค
Strategic & Technology Partners
Fintech, mobile money, AgriTech, clean energy and mining partners seeking to reach women-led MSMEs.
๐Ÿ“ฐ
Press & Media
Journalists and media covering financial inclusion, gender and climate finance, and West Africa.

We respond to all enquiries.
Please use the form to send a message and a member of the Women’s Green Bank team will be in touch within 3 working days.

Or reach us directly:
info@womensgreenbank.com ยท +232 77777911
10 Habib Drive, Regent, Freetown, Sierra Leone

Contact Women’s Green Bank
Send us a message