Women's Financial Inclusion Community of Practice

Globally, 2 billion people remain unbanked and women lag behind men in terms of access to formal accounts, credit and savings products. The Community of Practice on Women’s Financial Inclusion (COP) provides CGAP facilitated platforms to share experiences, identify key challenges, document and discuss emerging good practices, and solve common problems associated with increasing equitable access to and use of a broad range of financial services.

Our members include researchers, practitioners, policy makers, and donors around the world working on financial inclusion in promoting economic empowerment for women.

The COP’s steering committee consists of a core group of “champions” who guide our goals and strategy, outlined in our charter. Champions also help to implement an overarching work plan of the COP. Working Groups convene by theme and determine how to address knowledge gaps, as well as enhance collaboration among members in assigned themes. The Consultative Group to Assist the Poor (CGAP) facilitates the community of practice.

Read this primer to get answers to frequently asked questions, and learn more about all the different ways that you can engage with our COP. We look forward to your participation!

COP UPDATES
MEMBER PROFILE
Meet Rebecca Ruf of the GBA!

Rebecca Ruf is Vice President of Programs for the Global Banking Alliance for Women, (GBA) a consortium of 45 financial institutions that work in more than 135 countries to build innovative, comprehensive programs and tools for women to succeed, including access to capital, information, education, networking, markets and recognition.

Rebecca is responsible for leading peer learning and knowledge programs. She is also in charge of designing and managing GBA’s gender data analytics initiatives, which include GBA’s Women’s Market Analytics survey as well as the Women’s Financial Inclusion Data Partnership. The WFI Data Partnership seeks to increase awareness of the importance of sex-disaggregated financial services data, as well as to coordinate existing efforts and develop a set of interventions that can actively impact the production and use of gender data. 

Rebecca is looking forward to GBA’s upcoming 2017 GBA Summit London, hosted by NatWest on November 14-17. 

UPCOMING EVENT

On October 24 and 25, Women’s World Banking is excited to host its biennial Making Finance Work For Women Summit in Dar es Salaam, Tanzania. The Summit will convene 300 participants in a variety of innovative sessions addressing the most important issues in women’s financial inclusion.

PRODUCT INNOVATION

Read about how Rose Twine went from finding firewood as a child to prepare meals, to the creator of Eco Stove and how with support from UNCDF CleanStart she can sell her product in daily installments tailored to different incomes providing women with convenient financing and safe cooking options. 

TOOL

USAID's Gender and ICT Survey Toolkit provides a set of resources for obtaining a landscape assessment of gender and ICT, providing implementing partners currently operating and planning on-the ground programming with practical, well researched tools they can use to obtain data on women’s access and usage of mobile phones and other connected devices.

RESEARCH

Using a new dataset, the IMF has found that women occupied less than 2 percent of bank CEOs positions, and less than 20 percent of the board seats in more than 80 percent of the observations across banks over time. Econometric analysis by researchers suggests that the presence of women as well as a higher share of women on bank boards is associated with greater bank stability. 

CALL FOR PROPOSALS

The SEEP Network is excited to announce the Request for Proposals for the upcoming Global Savings Groups Conference 2018, May 22-24 in Kigali, Rwanda. The Global Savings Group Conference will offer a platform for attendees to connect, engage and learn from each other about the challenges and opportunities they face in supporting Savings Groups worldwide. Proposals are due November 10, 2017.