Why Attend?
Programme Overview
The IFC estimates that there is a $300 billion financing gap that exists for women-owned small businesses globally. More than 70% of women owned small and medium sized enterprises (SMEs) have insufficient or no access to financial services. This leaves a huge untapped market for increasing global economic growth, through fairer financing, increased financial literacy and gender parity.
Research has shown that women view entrepreneurship as a route to economic empowerment and improving their lives. However, there are a number of barriers they must overcome. Women are less likely to have applications for business loans approved, hindering their ability to scale up their businesses. Women also make up the majority of the unbanked population worldwide, and factors such as a lower socio-economic, employment status and level of education are all significant barriers affecting their access to financial support and further inhibiting their ability to grow their businesses.
What more can be done by financial institutions in order to address these barriers? How can access to financial education increase the opportunities for those in rural communities? What role do educational institutions have to play in empowering women?
This digital dialogue, hosted by the Financial Times in partnership with Home Credit, explored the role that business leaders, financial and educational institutions have to play in addressing the underserved potential of women entrepreneurs globally.
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