Five projects bridge gender gap in financial literacy digitally

Empowering women with financial literacy is crucial for economic independence and gender equality. Despite progress, many women globally lack financial knowledge and access to banking. This gap is more pronounced among poorer, less educated, and rural women.

The EDISON Alliance focuses on digital financial inclusion, aiming to empower underserved communities. Through collaborations, it promotes digital tools to enhance financial literacy and inclusion for women worldwide.

1. Axiata Group Berhad in Asia provides digital banking services and skills training, benefiting millions of unbanked individuals, especially women.
2. BBVA Microfinance Foundation supports low-income entrepreneurs in Latin America, primarily women, with financial and digital skills programs.
3. Grameen Foundation trains community agents to connect female entrepreneurs and farmers to digital services, benefiting over 1.65 million underserved women.
4. Mastercard aims to bring 500 million unbanked people into the financial system by 2025, including 25 million women entrepreneurs.
5. Virtual Remittance Gateway (VRG) in Pakistan promotes women’s financial inclusion through digital services, impacting millions of lives.

These initiatives bridge the financial literacy gap for women, fostering gender equality and inclusive economic growth. Collaboration with public and private sectors amplifies their impact, reaching underserved communities globally.

By empowering women with financial tools and opportunities, we pave the way for a more equitable and prosperous future.

Re-reported the article originally published in The Print