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Women's World Banking partnered with a major public sector bank in India to see what effect the government's COVID-19 payments had on women's account activity.
A review of the literature finds that combining microfinance services with social empowerment interventions has been effective, and that measures to reduce the financial stress associated with taking on debt could also help.
Research in Kenya and Côte d’Ivoire provides guidance for DFS providers and regulators on how to help ensure that digital tools make women more - not less - financially included.
While digital finance has gained market share for years, it is possible no single catalyst has been a greater accelerator than COVID-19. Are women participating in these digital solutions?
Opening a bank account in many countries is a cumbersome process requiring official documents that women often don't have. Digital ID systems can make this process more accessible and help enable women’s financial inclusion.