Building Women-Focused Finance

#bwffconf

Building Women-Focused Finance: The Global-Local ExperienceJamie M. Zimmerman

Global Assets Project, New America Foundation

#bwffconf@GlobalAssetsNAF

Building Women-Focused Finance

#bwffconf

2

Building Women-Focused Finance

#bwffconf

3

Mobile & Youth: Financial Inclusion Hyper-Drive?

Building Women-Focused Finance

#bwffconf

4

2013 Global Pulse-Taking Survey on Tech&Youth

Financial service provider/Financial institution

31%

Financial educator3%

Policymaker4%

Academic/Researcher 14%

NGO/Practitioner 29%

Other18%

Building Women-Focused Finance

#bwffconf

5

Which Tools Hold the Most Promise Now?

Gaming

Biometric ID

Data collection/management

Branchless banking

Mobile money

SMS

0% 20% 40% 60% 80% 100%

10%

15%

49%

50%

55%

61%

Building Women-Focused Finance

#bwffconf

6

…and in the Future?

Gaming

Biometric ID

Data collection/management

SMS

Branchless banking

Mobile money

0% 20% 40% 60% 80% 100%

18%

20%

28%

37%

61%

85%

Building Women-Focused Finance

#bwffconf

7

Obstacles

Cost of phones

Mobile or SIM ownership or access

Cost of accounts

Data privacy

Infrastructure

Sustainability

KYC - ID requirements

Policy protections

Lack of data

Bank account ownership or access

Not an obstacle Moderate obstacle Biggest obstacle

Building Women-Focused Finance

#bwffconf

8

Recommendations