Post by victorgrant on Jan 22, 2018 10:44:19 GMT
Hello all,
Globally, women disproportionately face financial access barriers that prevent them from participating in the economy and from improving their lives.
Women make up 40 per cent of the world’s workforce. Many of the sectors that are critical for economic growth in some of the poorest countries rely heavily on women. Small and medium scale enterprises (SMEs) with female ownership represent 30 per cent to 37 percent of all SMEs (8 million to 10 million women-owned firms) in Nigeria and other emerging markets.
These businesses, according to a recent World Bank report, have unmet financial needs of between $260 billion and $320 billion a year across the globe.
This therefore is women’s biggest barrier to growth and development.
Access to credit can open up economic opportunities for women, and bank accounts can be a gateway to the use of additional financial services.
However, women entrepreneurs and employers face significantly greater challenges than men in gaining access to financial services.
Thank you
I did not find the right solution from the internet
References :
www.smefinanceforum.org/post/financial-services-access-bank-offers-succour-to-women
Technology Explainer Video
Globally, women disproportionately face financial access barriers that prevent them from participating in the economy and from improving their lives.
Women make up 40 per cent of the world’s workforce. Many of the sectors that are critical for economic growth in some of the poorest countries rely heavily on women. Small and medium scale enterprises (SMEs) with female ownership represent 30 per cent to 37 percent of all SMEs (8 million to 10 million women-owned firms) in Nigeria and other emerging markets.
These businesses, according to a recent World Bank report, have unmet financial needs of between $260 billion and $320 billion a year across the globe.
This therefore is women’s biggest barrier to growth and development.
Access to credit can open up economic opportunities for women, and bank accounts can be a gateway to the use of additional financial services.
However, women entrepreneurs and employers face significantly greater challenges than men in gaining access to financial services.
Thank you
I did not find the right solution from the internet
References :
www.smefinanceforum.org/post/financial-services-access-bank-offers-succour-to-women
Technology Explainer Video