Financial inclusion is a human right.
Yet today, women worldwide still face major barriers to accessing financial services and products.
This prevents them from reaching their full economic potential.
A new report reveals how India is leading the way in advancing financial inclusion for women.
Through government policies, private sector initiatives, and non-profit programs, India has made remarkable progress. For instance, 77% of women in India now have a bank account, up from 26% in 2006.
This is an inspiring example of how concerted efforts across sectors can rapidly transform women's financial access and participation.
When women gain access to accounts, loans, insurance and more, they invest in health, education and entrepreneurship.
This creates a positive ripple effect on families and communities.
The success in India holds key lessons for countries globally.
Policymakers must prioritize financial inclusion in national agendas and development plans.
Financial service providers should use technology and innovation to serve women, including those in rural areas. NGOs can provide training and support.
Collectively, we can break down barriers and open new doors to prosperity.
Learn more:
https://lnkd.in/e9wfHZ7m
