The International Finance Corp. is teaming up with PT Bank Internasional Indonesia to help increase the access of the country’s women entrepreneurs to financial services. IFC will advise the bank to help the latter improve and expand its reach to both small and medium enterprises and women entrepreneurs.
The World Bank’s private financing arm is also assisting the provincial government of Jakarta to establish a one-stop shop to improve the quality of licensing services for business start-ups. Dubbed as the One Gate Integrated Licensing for Investment Services, the one-stop shop integrates the processes for obtaining 19 business licenses and permits
