Driving Women's Financial Inclusion at All Levels
Explore the latest global and regional insights from Women’s World Banking’s work in policy, leadership, women’s entrepreneurship, gender lens investing, and more.
Latest Posts
How Digital Wallets are Transforming Remittances as an Entry-point for Domestic Workers into Formal Financial Services
This is the third in a three-part series examining a fresh approach to digital remittances in Indonesia. By Angela Ang, Elwyn Panggabean, and Ker Thao Over the last six months, we launched a pilot program with DANA, one of Indonesia’s largest e-wallet providers, to provide a digital remittance solution for
Ultra Micro Entrepreneurs in Indonesia – How Financial Capability Education and Customer Centered Design Solutions are Key to Growth and Resilience
By Angela Ang, Elwyn Panggabean, Ker Thao, Nonggol Darapati As the world shifts to living in a new normal world, while still recovering from the aftermath of the COVID-19 pandemic, no other shift has been greater than the shift from traditional economies to what is now known today as the
Driving Gender Equality in the Financial System with Women’s World Banking CEO Mary Ellen Iskenderian
Mary Ellen begins with the book’s central idea: microfinance is not a solution to women’s financial inclusion. Born in the 1970s, microfinance entailed providing small, unsecured loans to people from low socioeconomic backgrounds so that they could successfully start and grow their own businesses. Microfinance quickly became popular as a
A Q&A with Mary Ellen Iskenderian On “There’s Nothing Micro About a Billion Women”: The Micro and Macro Impact of Empowering Women Through Financial Inclusion
Nearly one billion women remain outside the formal financial system, unable to participate in or benefit from financial growth and prosperity. Despite advances for women in recent decades, the gender gap in financial inclusion stubbornly remains at 9% across the emerging markets, requiring greater efforts from financial service providers and
How to get low-income women to save in bank accounts
By Angela Ang and Elwyn Panggabean, Women’s World Banking Last year, we collaborated with Bank Rakyat Indonesia (BRI), one of Indonesia’s largest state-owned banks involved in distributing benefits of the PKH (Program Keluarga Harapan or Family Hope Program), a conditional cash transfer program for low-income families. Together, we developed an
Women’s World Banking Network Members with Milestone Anniversaries Reflect on Championing Financial Inclusion
Spanning operations in 35 countries and comprised of 62 diverse financial services providers, Women’s World Banking’s Global Network is the only network focused on driving inclusive access to and usage of financial services for low-income women across the globe. In honor of Women’s History Month in March, we are proudly
There’s Nothing Micro about a Billion Women: Making Finance Work for Women by Mary Ellen Iskenderian explores the transformative impact of financial inclusion
Why it takes more than microloans to empower women and promote sustainable, inclusive economic growth. “In her book, Mary Ellen Iskenderian reminds us to ask where our bank finance flows and how much is used for building unequal wealth or destructive institutions that harm humans and the natural environment. How
72 Microfinance Institutions Join Inaugural Financial Inclusion Index
Impact performance measurement of microfinance institutions in 41 countries will launch in Q2 2022 with support from sector leaders. April 13, 2022 – In a global effort to promote standard, comparable impact outcomes data for the microfinance industry, 60 Decibels will release the first microfinance index driven entirely by end
Women’s World Banking Asset Management Closes Second Fund for Financial Inclusion at $103M
New York, NY, March 30, 2022 – Women’s World Banking Asset Management (“WAM”) has announced the final closing of its second fund, WWB Capital Partners II, L.P. (“WWBCP II” or “the Fund”). Following its first closing of $75 million in March 2020, WWBCP II held a final closing in March
Women’s World Banking Celebrates Milestone Anniversaries and Achievements of Network Members
For 43 years, Women’s World Banking’s Global Network has played a vital role in advancing our mission of empowering low-income women through financial inclusion. This Women’s History Month, we are celebrating milestone anniversaries of eight of our Network Members, showcasing their achievements in advancing women’s financial inclusion and gender equality.