Microfinance Newspaper Roll-Upwardly: “Gender Data Inward Fiscal Inclusion,” Published Past Cgap’Second Finequity

This brief argues that research together alongside analysis of sexual practice activeness-disaggregated data tin permit stakeholders to accelerate the financial inclusion of women, bridging the gaps inwards women’s account ownership together amongst finance for women-owned micro-, pocket-sized, and medium-sized enterprises (MSMEs). Building on its 2018 Data Bootcamp on gender analytics, FinEquity generated this brief inwards partnership amongst United Nations affiliate Data2X in addition to the South African NGO FinMark Trust.

On the demand side, information from the users of financial services can present patterns inward saving inwards add-on to borrowing too every bit unmet need for funding from the informal sector. Supply-side info from financial services providers (FSPs) such every chip banks, insurers together alongside financial technical companies tin tin discover patterns inwards the usage too non-usage of credit, savings every bit well every bit other products. 

To increase the availability together alongside usage of sexual practise-disaggregated information: (1) Regulators in addition to policy makers tin “acquit national-level, sexual practice-disaggregated demand surveys to complement international information collection;” (ii) Financial services providers tin “collect, analyze, every bit well equally role anonymized sexual practice-disaggregated info on variables such every fleck marketplace size, net profit, every bit well equally revenue;” inward improver to (3) International organizations tin tin can “render technical guidance on definitions and indicators for women’s financial inclusion.”

The brief reviews the next case studies on policy modify informed past gender information: (1) The annual Gender besides the Financial System written report past times Chile’s Superintendencia de Bancos e Instituciones Financieras has driven FSPs, including the land-owned BancoEstado, to create gender-inclusive financial products; (two) Increased cash transfers to women by United Mexican States’s National Banking together alongside Securities Commission has considerably decreased the gender gap inward business relationship ownership inwards Mexico; besides (three) the Women’s Guarantee Fund of the National Bank of Rwanda has reduced barriers to borrowing for women who practise non hold traditional collateral or credit histories. 

This is a summary of a paper published by FinEquity, November 2020, 17 pages, available at https://www.findevgateway.org/newspaper/2020/xi/gender-information-financial-inclusion 

By Romil Pandey, Research Associate

Additional Resources

FinEquity webpage

Data2X discussion of gender information

FinMark Trust homepage

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