The BBVA Microfinance Foundation (BBVAMF) has joined the Women Entrepreneurs Finance Code (WE Finance Code) initiative, coordinated by We-Fi, a global alliance housed in the World Bank, which aims to boost financing for women-led or women-owned businesses.

By joining, CARE commits to championing women-led businesses and working to eliminate financing gaps for women entrepreneurs.

Apply to this program delivered by experts from Women’s World Banking, AIR, NYU, and UPenn, focusing on cutting-edge technology and closing the gender gap in financial inclusion.

Both WEE-Connect and WEE-DiFine are currently accepting proposals for rigorous research studies based in Sub Saharan Africa, South Asia, and Southeast Asia.

According to the report, by using business strategies informed by analyzing sex-disaggregated data, fintech firms could capitalize on the women’s market while contributing to greater financial inclusion for women.

What “Investing in Women” means in a practical sense involves capabilities around deploying gender-lensed investment tools in real economies to advance women’s economic empowerment, notably in the world’s most challenging geographies.

The UN Women’s Gender Snapshot 2022 report concludes that over the last decade women’s exclusion from the digital world has deprived low- and middle- income countries of up to $1 trillion of their gross domestic product.

The organizations will work together to unlock finance for MSMEs to help advance the UN Sustainable Development Goals.

The finalists will go on to compete for the EUR 100,000 prize. Winners will be announced during the European Microfinance Week 2022.

The panel of experts will discuss what the new Findex data means, how to address gender gaps in technology, skills, and digital financial services, and why a more collective action is needed so that women can make an informed choice on their financial future.