Esohe Denise Odaro

Feb 07 2022

Unfortunately, many women around the world still do not have the same access to critical opportunities and essential services as their male counterparts. This extends to access to finance. More than 1 billion women still do not use or have access to the financial system, according to World Bank Group data. IFC has estimated that, worldwide, a $300 billion gap in financing exists for formal, women-owned small businesses, and more than 70 per cent of women-owned small and medium enterprises have inadequate or no access to financial services.