This case study explores access to finance for women and women-led MSMEs in Madagascar, where women play a major role in entrepreneurship but face persistent barriers linked to informality, limited property rights, and restricted financial access.

It highlights national policy efforts, regulatory reforms, and targeted interventions, while offering practical recommendations to strengthen an inclusive financial ecosystem for women entrepreneurs.

This case study was developed in partnership with the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) project.