Writing in CEO World Magazine, Andrée Simon discusses the correlation between digital fintech innovation and increased financial inclusion
FINCA Impact Finance (FIF) subsidiaries are demonstrating that serving women can be a sound business strategy based on high-quality loans, lower costs and opportunities for sustainable growth. Recent innovations in products and service-delivery are building on FIF’s legacy of women-centered finance. Women have proven that they are responsible borrowers, diligent businesspeople and loyal customers.
On the latest episode of the financial podcast “Women Rocking Wall Street”, FINCA Impact Finance President & CEO Andree Simon had the chance to discuss the firm’s new women-centered ventures
FINCA Afghanistan’s women-only bank branch is featured as a business case in a brief developed by the Arab Women’s Enterprise Fund (AWEF) for their AWEF Learning Series in partnership with The SEEP Network.
FIF President & CEO Andrée Simon featured in LATTICE80’s list of Top 100 Fintech for SDG Influencers. Simon has a history of spearheading initiatives that deliver positive social impact through financial inclusion and fintech.
FINCA Kosovo developed the Loan for Women Entrepreneurs in Business and Agribusiness specifically to help women grow and scale businesses. Since launching more than a year ago, the business loans for women have made positive social and commercial impacts, making the case for why financial institutions should emphasize outreach to women clients.
New FIF White Paper looks at successful efforts by FINCA DRC to create new products and delivery channels that emphasize outreach and efficiency. FINCA DRC is building even closer relationships with clients while increasingly utilizing digital channels.
Fintech and digital financial services have made banking possible for more people around the world. But while bank accounts and digital payments are more available, for many entrepreneurs in low-income countries, getting a loan is more difficult. Psychometric credit scoring can help.
Fintech innovation is changing finance around the world. That is impacting how FINCA Impact Finance (FIF) develops and trains its workforce. To stay on the industry’s cutting edge, we offer professional development opportunities at all career stages and leverage digital learning to reach more than 10,000 employees in 20 countries.
Despite increased financial access overall, the gender gap hasn’t changed much since 2014. And while fintech has potential to empower women, fintech and financial inclusion for women don’t necessarily go hand-in-hand. In a recent op-ed, Caren Robb discusses ways that financial institutions can promote gender-equitable financial inclusion and close the gender gap.
“Afghanistan is home to more than 17 million women”, pointed out Zar Wardak, FIF’s regional director for the Middle East & South Asia and chair of its Diversity & Inclusion Management Team. “Shutting women out of the financial system is both an injustice and a huge missed opportunity. The women-only branch is helping unlock that potential by providing responsible finance.”