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Cover Slide Month Year

April 2014. Cover Slide Month Year. @ womensworldbnkg. Women’s World Banking’s Global Footprint. 30+ years being the largest network in microfinance 19 million active clients 75% women. 39 institutions $6.9 billion in outstanding loan portfolio $4.4 billion in deposits. 5.

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Cover Slide Month Year

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  1. April 2014 Cover Slide Month Year @womensworldbnkg

  2. Women’s World Banking’s Global Footprint 30+ years being the largest network in microfinance 19million active clients 75% women 39institutions $6.9 billion in outstanding loan portfolio $4.4 billion in deposits 5 Women’s World Banking is also working with partners in Malawi, Nigeria, Tanzania, and Cambodia

  3. The gap in access to finance for women globally Eastern Europe, Central Asia: Population 0.4B MENA: Population 0.3B East Asia and Pacific: Population 2.0B 52% 40% 35% 25% 21% 12% 7% 8% 7% 8% 4% 4% Regional data key: % women with an account at formal financial institution OECD avg.=89% % women accessed a formal loan OECD avg.=12% South Asia: Population 1.6B Sub-Saharan Africa: Population 0.9B LATC: Population 0.6B Source: World Bank FINDEX database Notes: Map shows % women with account at a formal institution, 2011. Data points show total population 2010 and regional averages for % women who have accounts at formal financial institutions and % of women who accessed a loan from a formal financial institution within the last year, using 2011 data.

  4. Women’s World Banking’s approach Research Incubate & Pilot Scale Prove • Demonstrate the business case for investing in women • Design and test innovations, while providing appropriate financial education • Solutions based on listening to clients • Maximize outreach to women Strengthening Internal Systems Staff Training Expanding Marketing Capability • Gender Performance Initiative • Leadership • Dissemination of Knowledge • Build capacity to support innovation • Share lessons learned and best practices with network and • facilitate peer learning • Expand and improve the collection of gender-based financial and social performance indicators

  5. Expanding Financial Access Women’s World Banking develops innovative financial products to meet the dynamic needs throughout a woman’s life Children’s education and marriage Supported by family Start a business Education Health Marriage Home ownership Childbirth S CI YOUTH YOUNG ADULT S C LATE ADULTHOOD ADULTHOOD S I S CI • Savings (S) • Credit(C) • Insurance(I)

  6. Example of our work -- rural credit in Latin America Project Outcomes: • Findings • Men and women in rural families (and loan officers) underestimate women’s contribution to the household income. • Loan officers might not even analyze a women’s income as part of the loan assessment. • Implications • Women are excluded as customers and a significant portion of the family income is disregarded. • There is increased credit risk in relying on the income from one large harvest for repayment and not taking into account the steady cash flow of women’s activities. • Solutions • Modify existing credit methodologies to measure the entire family income growth potential. • Allow multiple loans per household. • Train staff to see women as viable and valuable clients. • Raise awareness of women’s contributions. • Create multiple loan products for different needs (livestock, machinery, artisan). As of February 2014, 44,073 loans have been disbursed to clients, 46% of whom are women. A little less than half of the clients who have received a loan are new clients, i.e., they have never before received a loan from these institutions – and likely had never received a loan, from any formal financial institution.

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