IIX Women’s Livelihood Bond Series


The Women’s Livelihood Bond™ Series (WLB) is a series of innovative securities pioneered by Impact Investment Exchange (IIX) to mobilize capital for women’s empowerment. 

Investing in Impact

P4G has invested US $491,000 in this partnership. 

The WLB Series is the world’s first impact investing and gender lens investing securities listed on a stock exchange. It pools together high-impact women-focused enterprises to create a multi-country, multi-stakeholder portfolio that is sold to private sector investors. 

As a 2019 P4G State-of-the Art Partnership, the WLB Series has swiftly demonstrated the replicability and scalability of its model. It was awarded scale-up funding in 2020 to replicate the Bond series in Indonesia and explore the feasibility for its inclusion in other P4G country partners like Kenya and South Africa, to deliver a new standard for financing to empower underserved women. 

In 2020, the partnership raised US $27.7 million to support women-focused enterprises in the Asia Pacific to help women rebuild their livelihoods after COVID-19. This milestone will mobilize capital for almost 180,000 women empowering them to implement their green growth solutions in sectors like agriculture and energy.

P4G Theme

Food and Agriculture Value Chain




Partnership Type


Countries of Operation

Indonesia , South Africa , Kenya ,


News & Events

Partnership Community of Learning

Food Upcycling for the Future
Prosperous Forests
Agroforestry for People, Peace and Prosperity
GeoFutures GreenInvest
Sustainable Sourcing at Scale
The Women’s Livelihood Bond™