On August 26, 2016, the grant agreement between UNCDF and Banque Franco Lao Ltd. (BFL) was publicly signed in the presence of the Australian Ambassador to Lao PDR, H.E. John Williams, of the UNDP Resident Representative a.i., Mr Murali, of representatives from the Bank of Lao PDR, and of the President of the Lao Businesswomen’s Association. The speakers saluted this incentivization of the private sector to further develop services specially designed for women micro-entrepreneurs, and to boldly expand them for greater developmental outcomes in their communities.
This blog series seeks to generate a broader discussion on the data that is needed to close the gender gap in financial inclusion in ASEAN. Our previous blog post argued that the headline data available on financial inclusion in the ASEAN region – the percentage of women with access to a formal account – is by itself insufficient to understand if, and how, women derive value from formal financial services.
This blog series stimulates a broader discussion on gendered financial inclusion in ASEAN. We examine why women’s access to financial services does not necessarily equate gendered usage. We further explore whether the value that women derive from financial services is impacted by the provider they access them from.
The United Nations Capital Development Fund’s (UNCDF) regional programme Shaping Inclusive Finance Transformations (SHIFT) Challenge Fund Facility opens the second window. SHIFT seeks to advance economic empowerment and market participation for low-income consumers, microenterprises and SMEs, with a specific focus on women, by unlocking access to financial services.
The Alliance for Financial Inclusion (AFI) and the UN Capital Development Fund (UNCDF), the UN capital investment agency for the world’s 48 least developed countries, entered into a strategic partnership within the framework of AFI’s Public-Private Dialogue Platform (PPD). The agreement builds on a good working relationship between AFI and UNCDF and opens up new possibilities for deeper cooperation and knowledge exchanges on financial inclusion issues.
The Consultative Group to Assist the Poor (CGAP) and the UN Capital Development Fund (UNCDF) held a workshop entitled “Facilitating Inclusive Financial Markets” in the Dusit Thani Hotel in Bangkok, Thailand on December 2, 2015.