EXIM boss underscores commitment to Women Exporters in US

Afusat Adeoye

President and Chairman of the Board of Directors, Export-Import Bank of the United States (EXIM), Kimberly A. Reed, Tuesday underscored EXIM’s commitment to women-owned businesses and highlighted how EXIM can support female entrepreneurs who wish to grow their business through exports.

He made this disclosure in her remarks during a “Financing the Deal & Getting Paid” session of the Women’s Global Trade Empowerment Forum, hosted by the U.S. Commercial Service.

According to her, “As the first woman Chairman in EXIM’s 86-year history, one of my key priorities is helping U.S. businesses owned and led by women bring their great “Made in the USA” products and services to the world,” said Chairman Reed.

“In Fiscal Year 2019, EXIM authorized over $189 million in support of wonderful women-owned businesses seeking to export and I am working closely with our interagency and external partners to build on those successes and deliver wins for women-owned businesses.

In Fiscal Year 2019, authorizations to minority-and women-owned businesses (MWOB) constituted nearly 18 per cent of EXIM’s total direct small business support.

Over the last decade, EXIM has helped MWOBs throughout the United States export to 166 countries around the world.