Women Changing Finance is about the people transforming finance to create a better world. Host Krisztina Tora, a global leader and changemaker, brings her extensive expertise to the conversation, inviting remarkable women from across the globe to share their stories of driving social and environmental impact through financial innovation.
Through real-world examples and personal journeys, this podcast reveals how finance can be a powerful tool for change—something we can all engage with and leverage for good.
Our guests are women proving that change is possible—whether by investing in underserved communities, developing innovative solutions to address climate challenges, or driving systems-level transformation. Their stories showcase the impact we can create when we align financial resources with our highest aspirations for a better world.
If you’re a changemaker, a professional seeking purpose, or simply curious about the role of finance in building a better future, join us to:
Get inspired by real stories of impact and innovation
Learn how to contribute to systemic change
Explore the intersection of finance, purpose, and leadership
Subscribe now and join us in reimagining finance!
Visit our website womenchangingfinance.org (https://womenchangingfinance.org/)
The show is part of the Impact Alpha Podcast Network (https://impactalpha.com/podcasts/).
E36 - Anne-Marie Chidzero, CIO at FSD Africa Investments
What if one of the biggest opportunities to finance Africa's future was already within the continent? Africa has financial resources, yet too little of that capital reaches the businesses, communities, and solutions that need it most. Anne-Marie Chidzero, Chief Investment Officer at FSD Africa Investments, is changing that. She highlights the financial innovations helping African countries mobilise their own capital and build stronger, more resilient economies. Anne-Marie shares fascinating examples of how finance can work differently:
* Making cross-border payments easier and cheaper: Investing in digital payment infrastructure that helps money flow more efficiently between African countries and reduces remittance costs.
* Mobilising domestic savings: Developing local currency bond markets that enable African businesses to raise capital from local investors, including pension funds.
* Financing small businesses: Supporting innovative fund managers and investment vehicles that channel capital towards SMEs, including women-led businesses.
* Financing climate and nature solutions: Pioneering new financial instruments for renewable energy, regenerative agriculture, nature conservation and climate resilience.
Anne-Marie also explains why transforming financial systems, rather than financing individual businesses alone, is essential for the long term. This is an inspiring and practical conversation about unlocking Africa's potential, and what it takes to make that happen.
Please review the episode, share your feedback, and subscribe to the podcast!
You can also
* Visit our website: womenchangingfinance.org [https://womenchangingfinance.org/]
* Follow Anne-Marie on LinkedIn [https://www.linkedin.com/in/anne-marie-chidzero-8077a61/]
To go further, here are some of the references mentioned during the episode:
* FSD Africa – https://fsdafrica.org/
* MFS Africa, now Onafriq – https://onafriq.com/
* African Local Currency Bond Fund (ALCB Fund) – https://www.alcbfund.com/
* Pan-African Fund Managers' Association (PAFMA) – https://pafma.org/
* Ethiopian Securities Exchange (ESX) – https://www.esx.et/
* Taskforce on Nature-related Financial Disclosures (TNFD) – https://tnfd.global/
* African Natural Capital Alliance (ANCA) – https://africannaturalcapitalalliance.com/
* Ci-Gaba Fund of Funds, Ghana – https://www.siaghana.com/ci-gaba-fund
* Consultative Group to Assist the Poor (CGAP) – https://www.cgap.org/
* Alitheia IDF Fund – https://www.alitheiaidf.com/
Women Changing Finance is part of the Impact Alpha Podcast Network [https://impactalpha.com/podcasts].
21 Oct 2026
E35 - Veronica Colondam, Founder & CEO of the YCAB Foundation
What does it take to help millions of people escape poverty? For 27 years, Veronica Colondam, founder and CEO of YCAP Foundation in Indonesia, has been working to answer this question. Her organisation has reached over 5 million women and young people, combining small loans for women entrepreneurs with education opportunities for their children to help families break the cycle of poverty. And Veronica is now pioneering new ways to mobilise capital for social impact, including an investment fund that anyone can access with as little as $7. In this episode, we explore:
* How small loans can transform generations: from helping mothers grow their businesses to enabling their children to attend university and build better futures.
* How to democratise impact investing: creating financial products that allow everyday investors to contribute to social change while earning financial returns.
* The extraordinary demand for investing in women: including a $1 billion orange bond, issued by Indonesian microfinance institution PNM, that attracted $11 billion in investor demand.
* How to build lasting change: from developing financially sustainable social enterprises to influencing government policies that unlock more capital for impact.
Veronica shares practical lessons, inspiring stories and her vision for the next 25 years: moving beyond individual programmes to reshape how capital flows towards people and communities.
Please review the episode, share your feedback, and subscribe to the podcast!
You can also
* Visit our website: womenchangingfinance.org [https://womenchangingfinance.org/]
* Follow Veronica on LinkedIn [https://www.linkedin.com/in/veronica-colondam-1b5a0816/]
To go further, here are some of the references mentioned during the episode:
* YCAB Foundation – https://www.ycabfoundation.org/ [https://www.ycabfoundation.org/?utm_source=chatgpt.com]
* YCAB Ventures – https://www.ycabventures.com/ [https://www.ycabventures.com/?utm_source=chatgpt.com]
* Indonesia Women Empowerment Fund (IWEF) – https://www.ycabventures.com/ [https://www.ycabventures.com/?utm_source=chatgpt.com]
* Australian Department of Foreign Affairs and Trade (DFAT) – https://www.dfat.gov.au/ [https://www.dfat.gov.au/?utm_source=chatgpt.com]
* Temasek Foundation – https://www.temasekfoundation.org.sg/ [https://www.temasekfoundation.org.sg/?utm_source=chatgpt.com]
* Citi Foundation – https://www.citigroup.com/global/our-impact [https://www.citigroup.com/global/our-impact?utm_source=chatgpt.com]
* Indonesia Financial Services Authority (OJK) – https://www.ojk.go.id/ [https://www.ojk.go.id/?utm_source=chatgpt.com]
* Indonesia Stock Exchange (IDX) – https://www.idx.co.id/ [https://www.idx.co.id/?utm_source=chatgpt.com]
* Bank Indonesia (Central Bank) – https://www.bi.go.id/ [https://www.bi.go.id/?utm_source=chatgpt.com]
* Permodalan Nasional Madani (PNM) – https://www.pnm.co.id/ [https://www.pnm.co.id/?utm_source=chatgpt.com]
* Bank Rakyat Indonesia (BRI) – https://bri.co.id/ [https://bri.co.id/?utm_source=chatgpt.com]
* Mae Fah Luang Foundation – https://www.maefahluang.org/ [https://www.maefahluang.org/?utm_source=chatgpt.com]
* DoiTung Social Enterprise – https://www.doitung.com/ [https://www.doitung.com/?utm_source=chatgpt.com]
Women Changing Finance is part of the Impact Alpha Podcast Network [https://impactalpha.com/podcasts].
7 Oct 2026
E34 - Tracy Palandjian, CEO & Co-Founder of Social Finance (USA)
What if we designed finance around the outcomes we want? In this episode, Tracy Palandjian, CEO and co-founder of Social Finance, shares learnings from 15 years of experimenting with new financial models and what that has taught her about creating meaningful, measurable change. Tracy takes us inside fascinating examples, from helping people train for better-paying jobs without taking on traditional debt, to financing pathways into AI, nursing and climate careers, to helping families build wealth through home and employee ownership. We also explore her idea of the "third wallet": capital that sits between traditional investing and philanthropy, where money can be invested for impact, returned and used again. In this conversation, you'll hear:
* Why the person you are trying to help shouldn't necessarily carry the greatest financial risk
* How Social Finance uses zero-interest, outcomes-based loans to finance skills and career development
* How to combine philanthropic, public and private capital around a common outcome
This episode is a practical look at what becomes possible when we stop asking only, "What return will this capital generate?" and start asking, "What change could this capital unlock?"
Please review the episode, share your feedback, and subscribe to the podcast!
You can also
* Visit our website: womenchangingfinance.org [https://womenchangingfinance.org/]
* Read Tracy's full bio [https://socialfinance.org/person/tracy-palandjian/]
* Follow Tracy on LinkedIn [https://www.linkedin.com/in/tracypalandjian/]
To go further, here are some of the references mentioned during the episode:
* Social Finance — https://socialfinance.org/ [https://socialfinance.org/?utm_source=chatgpt.com]
* Google Career Certificates — https://grow.google/certificates/
* Western Governors University (WGU) — https://www.wgu.edu/ [https://www.wgu.edu/?utm_source=chatgpt.com]
* Claude Corps — https://www.anthropic.com/claude-corps
* CodePath — https://www.codepath.org/ [https://www.codepath.org/?utm_source=chatgpt.com]
* Blackstar Stability — https://blackstarstability.com/ [https://blackstarstability.com/?utm_source=chatgpt.com]
* Apis & Heritage Capital Partners — https://www.apisheritage.com/
* Social Finance Institute — https://socialfinance.org/institute/ [https://socialfinance.org/institute/?utm_source=chatgpt.com]
* Rustandy Center for Social Sector Innovation, University of Chicago Booth — https://www.chicagobooth.edu/research/rustandy [https://www.chicagobooth.edu/research/rustandy?utm_source=chatgpt.com]
* Impact-First Investing (IFI) Tool — https://ifitool.org/
Women Changing Finance is part of the Impact Alpha Podcast Network [https://impactalpha.com/podcasts].
Who has been a guest on Women Changing Finance
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Andrea Webster
Yijing Wang
Delilah Rothenberg
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