In line with IIX’s mission to give women a voice and value in the global market, the WLB™ Series is aligned with the following international standards:


IIX’s Impact Assessment Framework is used to (i) assess gender-lens outcomes experienced by women and girls facing gender-based discrimination and to measure, monitor and manage the impact of the WLB™ Series.

To ensure a high standard of transparency in impact reporting, the WLB™ Series uses IIX Values™, a digital impact assessment tool that builds on our extensive experience in impact measurement and data analytics to monitor the impact of portfolio companies and verify results directly with women at the last mile to ensure they have a value and a voice.

Please find an example of our latest framework used for our WLB5™ below. To find out more about our IIX Values™ please follow the link here.


The WLB™ Series bond issuances advance 15 out of the 17 UN SDGs, recognizing that women empowerment and gender equality are critical to solving the world’s biggest sustainable development challenges including poverty alleviation, food security, climate action, economic stability, sustainable peace, among others.

~199,960 women from low-income communities were equipped to combat poverty through financial inclusion

~9,901 women small-scale farmers benefitted from agricultural loans and technical assistance to improve yields

~14,080 women and girls benefited from improved health-related outcomes

~15,360 young girls increased their likelihood of staying enrolled in school

~638,464 women were empowered to sustain their livelihoods and better combat gender-based discriminations

~6,110 women benefited from access to clean and affordable water, saving ~2 hours per day on average

~8,580 women and girls were provided access to clean and reliable energy sources, enhancing productivity by ~1 -2 hours a day

~189,817 women micro entrepreneurs were provided affordable credit to sustain their businesses

~74,773 women were able to purchase smartphones with interest-free loans, helping them increase their overall income and save time in their working days which they can now use for productive purposes

Women impacted by the WLBs increased their total income by US$102,410,820 thereby enabling them to reduce income inequality with their male counterparts

~1,020 women benefited from improved mobility and safety outcomes through access to affordable motor leasing loans

Smallholder women farmers will achieve sustainable manage and use of natural resources through training and farming education

~21,330 women empowered to build climate resilience through access to clean energy (mitigation) or access to water or agricultural inputs (adaptation)

Economically empowered women are better equipped to actively strengthen the Women, Peace, and Security agenda through their enhanced social and political participation

WLBs coalesced a range of public and private sector partners: 3 banks, 7 law firms, 3 donor agencies, 2 government bodies, 2 United Nations Bodies, 1 Foundation, and 1 Research Institution, among others