Integrated digital platform for women empowerment and financial inclusion in the food system

This solution was shared by PRE-LAUNCH RESEARCH TEAM
14 May 2021

Description of the innovative solution

Social protection programs focused on women’s empowerment have shown good results to improve women’s empowerment and household nutrition, but those programs have poor coverage and limited reach in the urban slums and rural remote areas. This innovation will leverage digital tools to improve the financial inclusion of women, particularly focused on the potential for digital financial services to link women to markets, raise incomes, reduce poverty and facilitate women’s greater control over their earnings and savings, all critical elements of women’s economic empowerment.

Social protection programs focused on women’s empowerment have shown good results to improve women’s empowerment and household nutrition, but those programs have poor coverage and limited reach in the urban slums and rural remote areas. This innovation will leverage digital tools to improve the financial inclusion of women, particularly focused on the potential for digital financial services to link women to markets, raise incomes, reduce poverty and facilitate women’s greater control over their earnings and savings, all critical elements of women’s economic empowerment.

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Empowering Women Through Financial Inclusion: A Study of Urban Slum
Scientific paper
The study contributes to existing literature by advancing the debate on women in urban slums and identifies the substantial need for the development of formal financial system to enhance the scale of financial inclusion.
Shared by PRE-LAUNCH RESEARCH TEAM

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