How to Measure Women’s Economic Empowerment in Financial Inclusion: A Menu of Indicators

This working paper introduces a menu of 19 indicators to measure Women’s Economic Empowerment (WEE) within women’s financial inclusion (WFI) initiatives, developed through collaboration with experts and the FinEquity community. By using these indicators, stakeholders can generate evidence that demonstrates how WFI contributes to WEE, guiding more effective interventions.

Insights from data collected across seven countries, involving close to 4,000 women, have informed the development and refinement of these indicators, ensuring their relevance across diverse contexts.

The paper provides actionable steps for stakeholders, including funders and market facilitators, on how to incorporate these indicators into their monitoring and evaluation activities to better assess WEE outcomes from financial inclusion efforts and track meaningful changes in WEE over time.