Articles

Is Technology Enough to Plug the SME Financing Gap?

Technology is revolutionising trade finance while facilitating lending to small businesses by tech giants such as PayPal, Amazon and Alibaba. But is this enough to fill the $1500bn global trade finance gap? Stefania Palma from The Banker investigates.

Articles

Articles

Beyond Microcredit: Why Tackling Poverty Requires More Than a Loan
Microfinance is a $92 billion industry , with more than 100 million borrowers in more than 75 countries around the world. But as regular readers of NextBillion know, it is no silver bullet to poverty, and previously held assumptions that extending microloans to impoverished people is a sure path out of poverty have been challenged. Microcredit...
Africa Promotes Women Entrepreneurs Better Than Silicon Valley
In this article, Entreprenuer reports that despite the tech industry’s progressive reputation, its track record for hiring, promoting and funding women is bleak: Only 17 percent of American startups have female founders. However, halfway across the globe in tech hubs like Lagos, Nigeria, and Nairobi, Kenya, 46 percent of African ventures have a...
What Should Financial Institutions Do to Enhancing Access to Finance for Women Entrepreneurs
This blog characterizes women entrepreneurs and analyzes the ways they limit their own access to finance, as well as the limits placed by financial institutions. Offering a business case, the writers look at how financial institutions can leverage an under acknowledged success of women-own enterprises. Most women entrepreneurs rely on their own...
Executive Insights on Women Crowdfunding Campaigns
PwC and the Crowdfunding Center partnered on the “Women Unbound: Crowdfunding – Unleashing Female Entrepreneurial Potential” report last month. Referencing data collected by the Crowdfunding Center that analyzed 450,000 rewards-based crowdfunding campaigns, the report showed that women-led campaigns reached their funding target more often than...
The Deserving Under-Served – Shifting the Focus for Banks
The world of banking has remained unchanged for decades; when all about them were innovating and disrupting their sectors various, the bank did nothing, managing to continue its unilateral conversation to its one customer. The middle-aged man. The banking sector has done itself no favors by eliminating the woman from their branding strategy; this...
Bridging the gap: connecting banks and women
Consider the following statistics: Women make 89% of the banking decisions for their families. Just 20% of female breadwinners said they were "very well prepared" to make financial decisions, versus 45% of their male peers. Women will control two-thirds of the consumer wealth in the U.S. over the next decade and be the beneficiaries of the largest...
Banking Rwanda’s Women: What She Wants From Her Bank
In many respects, Rwanda is a world leader in gender equality: it ranks #1 in the world for women’s representation in the legislature and labor force participation, according to the World Economic Forum’s Global Gender Gap Report. The country’s president is a prominent signatory and champion of the United Nations’ HeForShe campaign, and has...
Reinventing Banks Isn't Just About the Technology
In the early 1990s, I started my career on Wall Street. It was a lonely place as a woman, and the traditional financial services world did not afford us females the opportunity to get a firm footing at the top of the career ladder. Its structure, demographics and, frankly, the level of discourse on the topic of women's careers made it virtually...
Three steps to serving women-owned MSMEs
Small businesses are powerful drivers of economic growth, but many micro, small, and medium enterprises (MSMEs) lack access to the capital they need in order to expand. Women-owned MSMEs are particularly affected by this credit gap: the SME Finance Forum found that around 50% of all women-owned MSMEs in developing economies are unserved or...
Women-Owned SMEs in the Middle East
Women entrepreneurs in the Middle East face far greater challenges than men when trying to access financial services. This is especially concerning, as many of the sectors that are critical for economic growth in the region rely heavily on women. In emerging markets worldwide, small and medium-sized enterprises (SMEs) with female ownership...