The Women’s Enterprise Fund and Bancoldex, in collaboration with the Vice Presidency, the Presidency Women’s Capital Council, and the Ministry of Commerce, Industry and Tourism, introduced a dedicated Women Entrepreneurs Credit Line under the Women’s Impregnation Fund. This loan program offers preferential terms for repayment and grace periods, aimed at micro, small, and medium-sized enterprises that are run by women, owned by women, or where women make up at least half of the workforce.
The product is designed to provide these businesses with accessible financing for working capital needs. Funds may be used to procure raw materials, buy essential supplies, cover leasing costs, compensate staff, and support other expenses tied to business growth projects, modernization efforts, and productivity upgrades.
Marta Lucía Ramírez, who serves as vice president and chancellor, noted that the line of credit makes roughly US$20.3 billion available through commercial banks and microcredit-oriented institutions. She stated that this initiative helps close gender gaps and reduce inequalities across the country.
The program offers several borrowing limits: up to three years for facilities, a maximum of 250 million USD per company, six months for working capital needs, and up to five years for modernization with a grace period of up to six months. These terms are designed to support stability while enabling long-term growth.
Officials stressed that this loan solution will benefit businesswomen in all regions by providing access to favorable financing amid ongoing economic recovery. They encouraged businesswomen to inquire with trusted financial institutions about this line and its potential advantages.
Entrepreneurs who qualify may receive an additional 1% discount on the final rate offered by their financial partner if they have created at least one new official female job since the start of the pandemic, achieved at least one export, or increased sales by a minimum of 3.6 percent. This incentive is meant to reward tangible progress in women’s economic leadership and market expansion.
Government representatives emphasized that women are central to public policy and pivotal to sustainable development. They urged businesswomen to invest in projects that are profitable, scalable, and resilient, viewing such efforts as crucial to strengthening Colombia’s economy and the nation’s entrepreneurial landscape. The emphasis remains on empowering women to lead growth and innovation across sectors.