Women's Economic Empowerment (WEE) Measurement In Financial Inclusion
Developing and using commonly agreed upon Women’s Economic Empowerment (WEE) indicators is critical to helping stakeholders understand the outcomes of financial inclusion (FI) on women, how these outcomes are being achieved, and to better identify what works and what does not in promoting women’s economic empowerment through financial inclusion. While there are several initiatives examining WEE, commonly accepted guidance for measuring WEE in financial inclusion does not yet exist.
This past year, FinEquity, together with the Center for Global Development (CGD) and Data2X, as well as a core group of advisors, met to develop a standard approach to measuring WEE within FI programs and initiatives. Following an almost year-long learning process, a theory of change was developed, along with a core set of indicators to measure WEE in FI. This paper outlines the learning process and recommended indicators.