Financial Inclusion that Works for Women: Lessons and best practices from the European Microfinance Award 2022

Financial Inclusion that Works for Women opens with a tour of a complex and emerging landscape of gender mainstreaming – a short history of microfinance for women, the demand and supply-side barriers they face, and the role that FSPs can play in addressing these challenges. The second part details the Award itself – criteria, evaluation processes, objectives, etc. The third and main part of the paper presents the 10 semi-finalists (and among them the 3 finalists) as case studies within three broad approaches that FSPs can take: Meeting women’s needs through financial products and services; Mainstreaming gender equity and leadership within the institution; and Empowering women with non-financial services. Financial Inclusion that Works for Women concludes with the ‘Factors for Success’ that have emerged over this almost year-long evaluation process: what distinguishes the ten exceptional initiatives profiled within it, and how can other organisations replicate their success?

 

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Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Commission. Neither the European Union nor the granting authority can be held responsible for them.