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The Gender Gap in Access to Finance has Narrowed, but Barriers Persist

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The Gender Gap in Access to Finance has Narrowed, but Barriers Persist
Raihana Sayeeda KamalThe Business Standard2023COVID-19, Digitization, Economic Development, Skills and Jobs, Social Transformation

Access to finance enables women to improve their financial independence and economic empowerment. For instance, evidence shows that direct wage payment into women’s accounts increases their financial control, household decision-making power, and savings, while reducing borrowing.

The Gender Gap in Access to Finance has Narrowed, but Barriers Persist

The Gender Gap in Access to Finance has Narrowed, but Barriers Persist

  • Raihana Sayeeda Kamal
  • 2023
  • The Business Standard
View Media

Access to finance enables women to improve their financial independence and economic empowerment. For instance, evidence shows that direct wage payment into women’s accounts increases their financial control, household decision-making power, and savings, while reducing borrowing.

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