Norms also influence institutions. For example, banks perceive small-enterprises run by women to be high-risk segments resulting in women’s reliance on informal sources of credit. #fhchat
A3. Our study in Odisha shows that most men believe women should contribute all their earnings to the running of the hh, leaving her with little choice over business decisions. Women value privacy of their savings for this reason and need relevant financial services. #FHchat
A2. Some of the ways social norms restrict economic opportunities are :-
1.Access- eg: Restrictions on opportunity to work
2.Agency- eg: using the income earned as per the woman’s choice
3.Inequality- eg: Pay gap, delayed Career growth
To achieve #SDGs it is important to ensure that product offerings focus on building financial resilience and security for the people we serve. #ICM can play a key role in bridging new financial innovations. @PreetiSinha_ speaking at launch of FIKRA program with @SecComMY @UNCDF
What can the industry do to improve the #FinancialHealth of #GigWorkers? Start by understanding that gig workers are not a homogenous group — a cookie-cutter approach can do more harm than good.
Read more in our main research report here: https://t.co/KVuZeLyxTp
With 16,166 respondents across 5 platforms in Malaysia and China, the new research from @UNCDF focuses on the #FinancialHealth of #GigWorkers and their aspirations, challenges and needs.
Read more here: https://t.co/e0rj7NT7cz
Thanks @MetLife foundation @SafeBoda@NewStreetTech @aeloitech for sharing your views and lessons learned. It was insightful to discuss the transaction to transformation approach for #financialhealth with focus on outcomes rather then outputs. @krishnathacker
The purpose of the #ConsumerInsights research series in #Malaysia is to inspire the design of #DFS that respond to the aspirations of low-to-moderate income people and improve their #financialhealth. Check out the first release on customers https://t.co/tIVic1GRbY
"If we make it easier to make payments across distance and time (and stop there), that's where the impact of #FinTech stops. We want to move from transactional to transformational." - Krishna Thacker, Regional Director-Asia #MetLifeFoundation
Interested in #DigitalFinance? Have a background working in Policy and Regulation? Want to work with a great team? Willing to be based in #Dakar ? Come work with us!!