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Press release: Deetken Impact makes landmark investment in Pro Mujer Mexico to scale its services for women
Pro Mujer, a mission-driven social enterprise focused on empowering women and their families in Latin America, announced today that its subsidiary, Pro Mujer Mexico SOFOM (Sociedad Financiera de Objeto Múltiple), has received $1 million USD in exchange for its issuance of preferred shares to Deetken Impact, a Canadian-based boutique asset management firm.
- Categories
- Investing
- Region
- Latin America
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Women & Banking: India’s financial inclusion suffers from a gender gap
Indian women score disproportionately low on ordinary functions such as savings and borrowings: of more than three-fourths who have a bank account, less than a fifth (16.7%) save formally, i.e., at banks.
- Categories
- Inclusive Fintech
- Region
- South Asia
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Financial inclusion is improving around the world—but women are still missing out
In developing countries, the gap in financial inclusion between men and women has stalled at nine percentage points.
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Press release: Women’s World Banking, ExxonMobil Foundation and the Center for Global Development Announce New Global Initiative, She Counts, to Put Financial Tools in the Hands of Women
Today, Women's World Banking, the Center for Global Development, and ExxonMobil Foundation launched She Counts, a global initiative convening and harnessing the power of financial service providers committed to serving women. Announced at a special event hosted by the Council on Foreign Relations, She Counts aims to harness the power of financial services to put savings and financial tools in the hands of underserved women, enabling them to save securely and invest in their businesses.
- Categories
- Inclusive Fintech
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Press release: International Monetary Fund Releases Gender Disaggregated Financial Access Survey
As part of its commitment to support financial inclusion, the International Monetary Fund (IMF) conducts an annual Financial Access Survey (FAS). The FAS is a high-quality supply-side financial inclusion database with a global reach to support policy analysis and formulation in the financial inclusion area. The 2016 FAS round included a pilot to capture the financial access gender data gap and support the IMF’s analysis of women’s economic empowerment in boosting growth and reducing income inequality. [2] The pilot, which included the participation of 28 countries, revealed that in almost half of the participating economies, financial service providers had access to their customers’ gender information.
- Categories
- Impact Assessment
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Bill & Melinda Gates Foundation announces $170 mln investment to boost women’s economic empowerment
The investments, focussed in India, Kenya, Tanzania and Uganda, are aimed at advancing gender equality, spreading digital financial inclusion, increasing job opportunities, and supporting the agricultural sector
- Categories
- Investing
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Bridging the Gender Gap in Agriculture: Eight Success Stories for International Women’s Day
Women account for more than 40 percent of the agricultural workforce worldwide, but they own less than 20 percent of the world’s land, and earn just a fraction of what their male counterparts do. On International Women’s Day, Oumou Camara, writing on behalf of Farming First, shares the stories of eight remarkable women who are bridging the gender gap in agriculture in emerging markets around the world.
- Categories
- Agriculture, Impact Assessment
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Press release: Closing the Gender Gap in Women’s Access to Financial Products and Services Could Unlock $330 Billion in Annual Global Revenue
A new report from BNY Mellon and the UN Foundation reveals that increasing women's access to financial products and services could expand the market for financial service providers and promote gender equality.
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