Making Cents International’s Post

Women around the world need – and deserve – a financial system that fits their entrepreneurial needs. Many women entrepreneurs in Africa participate in informal credit mechanisms, which work for one-off purchases, but don’t provide the formal financing needed to reliably run a business. Improving access to capital is key. Read more in today's op-ed by Melinda French Gates in Bloomberg. #genderequality

One in four African women is an entrepreneur, yet they face significant barriers to accessing capital, resulting in a $1.7 trillion financing gap. Global and national leaders must prioritize reforms that level the playing field. In her new op-ed, Melinda French Gates highlights how regulatory changes, donor funds, and investments to digitize lenders are crucial. Not only is it the right thing to do, but unlocking women’s economic power is essential for global prosperity.  #WomenEntrepreneurs #FinancialInclusion  https://lnkd.in/evKbGtKt

Breaking Financial Ceilings for Women Entrepreneurs. Discover how Palladium partners with financial institutions to transform the market and expand access to appropriately structured financing for women-owned small- and medium-sized enterprises in El Salvador.

As The World Bank and The International Monetary Fund Spring Meetings take place, a grave problem must be acknowledged: when women entrepreneurs succeed, it’s in spite of the system, not because of it. Worldwide, there’s a $1.7 trillion gap between the credit women need and what they’re able to get. Estimates suggest that by closing that gap, as much as $6 trillion in global GDP can be unlocked. That’s a net gain for the world that we can’t afford to pass up. In this opinion piece, Melinda French Gates suggests four clear steps that can help reduce the gap. They include: removing barriers for responsible lenders to serve low-income customers; the development community’s steps to bring donor country funds to lenders; the investment of governments in digital infrastructure; full funding by the donor countries to World Bank’s International Development Association (IDA) and the IDA’s prioritization of the lowest-income countries. Click on the link below to read her thoughts in full: https://lnkd.in/gPvPw4vA

Melinda French Gates nails it with these crucial insights. It's time to tackle the systemic barriers holding back women entrepreneurs. By closing the credit gap, we not only empower women but also unlock immense economic potential for everyone. Let's take action to make these steps a reality and drive positive change worldwide. #EmpowerWomen #EconomicEquality

Let's talk about revolutionizing lending practices! 🔄 Don't you think it's time to give small lenders, mainly #women, the #financial boost they deserve? From toppling barriers to breaking prejudice, women are rewriting the framework for inclusive #capitalism! #Finance is just a game to challenge the conventional ways! Small businesses particularly those run by women deserve equal access to #financing! Can we possibly abandon the old-fashioned methods and build foundations for a more all-inclusive financial #ecosystem? https://lnkd.in/eguXDrpx #WomenOnIT #femaleentrepreneurs #womenempowerment #genderequality #diversityandinclusion

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We are throwing it back to Melinda French Gates, article discussing the need to redesign financial services to better serve small borrowers, particularly women. As we engage with our female customers, we have observed their major contributions to household income and investment in the overall well-being of their families' nutrition, education, and healthcare. Hence, we deliberately explore ways to bridge gender gaps as we expand our products and services by leveraging technical and financial support from our partners, including The Bill & Melinda Gates Foundation, Microsoft Airband, USAID, and the African Development Bank Group’s Africa Digital Financial Inclusion Facility (ADFI). These collaborations enable crucial human-centred research to understand women's challenges and needs with digital credit. Read the full article here: https://lnkd.in/g5KZGg9x

True global prosperity is impossible when half the world’s population is left behind.  Accessing capital is a challenge as is—but it’s significantly harder for women across Africa. Thankfully, there’s a path forward. Both the public and private sector—as well as the donor community—have a responsibility to address this inequity. Here are three ways they can start today: ➡️ Remove regulatory barriers that prevent low-income customers from accessing credit;   ➡️ Ensure lenders have access to funds from donor countries to manage perceived risks;  ➡️ Digitize lenders to bring loan costs down and better assess credit-worthiness. This should all be a priority for global and national leaders who are looking to kickstart economic growth. Melinda French Gates spells it out clearly: by closing the $1.7 trillion gender credit gap, we can unlock $6 trillion in global GDP.

Empowerment if women pass by education and rôle they play in décisive bodies and bussiness- goverments, VC . Complémentarity of man and Women but if we have 233 trillions debth accumulated question raise about a change .. Society to push voice of youth and Women to bring fresh air and New ideas to crush stereotypes inadapted to evolving World context. The Constitution of Czechoslovak Republic from 1920 determined general right to vote. It means that both women and men had the universal, equal, direct and secret right to vote. Also, all citizens had the right to vote and to be elected regardless of gender. Active suffrage for Parliament was from age of 21, passive from age of 30. In the case of the Senate, active was from 26 and passive from 45. An inspiration from peacful very progressive country in Heart of Europe..