A global community to advance women’s financial inclusion
Globally, 2 billion people remain unbanked and women lag behind men in terms of access to formal accounts, credit and savings products. FinEquity, a global community to advance women's financial inclusion, is convened by CGAP. It provides facilitated platforms to share experiences, identify key challenges, document and discuss emerging good practices, and solve common problems associated with increasing equitable access to and use of a broad range of financial services.
Our members include researchers, practitioners, policy makers, and donors around the world working on financial inclusion in promoting economic empowerment for women.
FinEquity's steering committee consists of a core group of “champions” who guide our goals and strategy, outlined in our charter. Champions also help to implement an overarching work plan. Working Groups convene by theme and determine how to address knowledge gaps, as well as enhance collaboration among members in assigned themes.
Read this primer to get answers to frequently asked questions, and learn more about all the different ways that you can engage with us. We look forward to your participation!
We are delighted to introduce FinEquityALC, a regional platform dedicated to discussion, learning and collaboration on Women’s Financial Inclusion in Latin American and the Caribbean. FinEquityALC is live on Dgroups and Twitter #FinEquityALC, with more to come in the future! Read the speech made by Carolina Robino, of Canada's International Development Research Centre, as she introduced FinEquityALC at the Financial Alliance for Women’s All-Stars Academy in Quito, Ecuador.
FinEquity’s first #DgroupsDialogues, hosted by Bobbi Gray focused on understanding how financial service stakeholders can mitigate any unintended risks for women as they design and implement interventions focused on inclusion. The Grameen Foundation has developed its own Do No Harm Framework to guide program designers through a process of identifying potential risks - such as Gender-Based Violence (GBV) - of their work on program participants and means of mitigation.
Join us on Tuesday, February 18 as we discuss the recently published Pathways to Prosperity report, and the gender deep dive Understanding Women’s Rural Transition and Service Needs, which highlights specific challenges and barriers that women face based on their context and life cycle stage. Register here: http://bit.ly/RAFwebinar
January highlights, a curated reading list; and some events to look forward to.
While a lot of attention has been paid to social norms in health and gender-based violence programming as an important factor that drives behavior, there is less attention paid to the role of social norms in influencing economic behavior in financial inclusion efforts.
In this webinar with Ben Cislaghi from the London School of Hygiene and Tropical Medicine (LSHTM) provided an overview of the key concepts in social norms theory and how they can inform potential pathways for change for women’s financial inclusion and economic empowerment.
FinEquity's 2019 Annual Member Meeting was held on October 21 at the Pan Pacific hotel in Singapore.
What National Financial Inclusion Strategies have accomplished so far in the region, and what more needs to be done.
By Elena María Caballero Calle & Carolina Trivelli