Financial Alliance for Women

On the International Women's Entrepreneurship Day, we would like to celebrate every women across the globe thriving to build, grow and expand her business! We would also like to congratulate the Alliance members for their commitment and support to Women-led Micro, Small and Medium Enterprises (WMSMEs), providing them with the needed financial and Non-Financial services to help them succeed. Supporting WMSMEs is at the core of the Financial Alliance for Women's strategy and mission. We promote innovative solutions that enable our members to meet the diverse needs of all women—and women business owners in particular—more effectively and efficiently. We guide them on building and strengthening their WOMEN’S MARKETS propositions and lead on DEI through proprietary research, peer-to-peer knowledge creation and sharing, networking, and thought leadership. We are also supporting Women Entrepreneurs by driving the Financial Sector Globally to commit to the Women Entrepreneurs Finance Code (The WE Finance Code), as a strategic global partner for the Women Entrepreneurs Finance Initiative (We-Fi). The Code is a Public Private Partnership at a country level, that aims at expanding the amount of financing available to Women-led Micro, Small and Medium Enterprises (#WMSMEs ). It is being roll out in 28+ countries and we truly believe that the implementation of the WE Finance Code will contribute in bridging the financing gap for Women MSMEs globally, one country at a time. #ChampioningTheFemaleEconomy #WED #IntenationalWomenEntrepreneurshipDay #WEFinanceCode #FinancialInclusion #WomenEntrepreneurs #WMSMEs #Womeninbusiness #Finance #Banking #Payment

Great workshop hosted by Central Bank of Nigeria The World Bank ConsumerCentriX Financial Alliance for Women with #WEFinanceCode signatories in Lagos today. The room was full of #championthefemaleeconomy Women's Markets leads from the first signatories including Financial Alliance for Women members Access Bank Plc FCMB Group and many others. Particular thanks to Temitope Akin-Fadeyi and Sophia Abu who have driven this at CBN. Great to see old friends from previous Alliance All Stars Academies including Nnenna Jacob-Ogogo Abiola Nejo Bimpe Gisanrin and sorry to miss Abiodun Oyebimpe Olubitan, MBA, ACIB, MCBI, CMBA, FCIB who leads W at Access and Wendy Teleki who leads Women Entrepreneurs Finance Initiative (We-Fi) Anna Gincherman Carine Fersan Choueiry

We are honored to support the Central Bank of Nigeria in achieving two great milestones in their National Financial Inclusion Strategy (NFIS): Launching the Women Financial Inclusion Data Dashboard (WFID) to track progress with live data and the Women Entrepreneurs Finance Code (WE Finance Code) to focus everyone on financing women entrepreneurs. Super complementary initiatives, building one upon the other and natural extensions of the many successes of Nigeria's NFIS. Thanks to our partners ConsumerCentriX and Women Entrepreneurs Finance Initiative (We-Fi) and Bill & Melinda Gates Foundation and a very big shout out the Financial Inclusion team at CBN for your vision and tenacity in keeping gender front and centre Temitope Akin-Fadeyi, Sophia Abu, Paul I. Oluikpe, PhD, ACIB. Anna Gincherman, Wendy Teleki, Radu Ban, Janet Rose Opolot, Greta Bull, Diva Dhar, Aurica Balmus, Hadija Kamayo, Sarmad Shaikh, David Taylor, István Szepesy, Tessa Ruben #IFIC24 #IFIC2024 #WEFinanceCode #WomenEntrepreneurs #WMSMEs #WFID #GenderData #ChampionTheFemaleEconomy

The Financial Alliance for Women together with ConsumerCentriX is proud to unveil the Central Bank of Nigeria’s Women’s Financial Inclusion Data (WFID) national dashboard that measures levels of financial inclusion using sex-disaggregated data. The dashboard is as a powerful tool for policy makers and as well as the private sector for developing Women’s Markets. Central Bank of Nigeria, Temitope Akin-Fadeyi, Sophia Abu, Inez Murray, Anna Gincherman, David Taylor, István Szepesy, Carine Fersan Choueiry, Tessa Ruben #FinancialInclusion #Championthefemaleeconomy #Data #GenderData #datadashboard

We are delighted to be here in Lagos at the 2nd International Conference for Financial Inclusion for the launch of the Nigeria Financial Inclusion Data Dashboard and the WE Finance Code to which more than 40 signatories have already signed. Inez Murray, CEO, of the Financial Alliance for Women joined the Governor of the Central Bank of Nigeria and other key dignitaries on stage for the landmark ceremony. Central Bank of Nigeria, Temitope Akin-Fadeyi, Sophia Abu, WE Finance Code, Women Entrepreneurs Finance Initiative (We-Fi), Wendy Teleki ConsumerCentriX, Anna Gincherman, Inez Murray, Carine Fersan Choueiry, Tessa Ruben, István Szepesy, David Taylor #Ific2024 #Ific24 #WEFinanceCode #ChampionofTheFemaleEconomy #FinancialInclusion #WomenInclusion

Discussing today, at the #MICROBALKANS conference, live from Sarajevo, the tremendous Opportunity to target, serve and include Women Micro-Entrepreneurs in the Financial Sector in the Balkans Region. A great Win-Win opportunity for MFIs and Women entrepreneurs alike, through developing a Holistic Women-centered strategy, building a Sex-Disaggregated Data process across the sector, develop Public and Private partnerships to achieve the goals and Commit to the Women Entrepreneurs Finance Code. The Code being a public private partnership working mainly at the national level (but also globally) that involves?FSPs, regulators, development finance banks, trade associations and other financial ecosystem players to work together to support and bridge the financing gap for Women Micro Small and Medium Enterprises. It is a great opportunity for Balkans countries to collaborate together and work towards bridging the financing gap for Women Entrepreneurs. The Financial Alliance for Women is delighted to support their FSP members to build their strategies to better serve Women's Markets and also support Code countries in Implementing the WE Finance Code. Thank you Elma Zukic and Ernadina Bajrovi? for the Invite, and to my fellow panelists, Vedran Zametica, Milena hanes, Ana Kentera, Sanja Hajdukov, Amra Omeragic, Financial Alliance for Women, #WEFinanceCode, Women Entrepreneurs Finance Initiative (We-Fi) code, #ChampionTheFemaleEconomy, #WMSMEs, #Accesstofinance

#ICYMI ?? Our latest #FintechFriday session, “Fintechs Financing WMSMEs,” highlighted impactful strategies and lessons from fintech leaders driving real change for women-led micro, small, and medium enterprises (#WMSMEs). We were joined by three fantastic speakers: - Carmia Lureman-Norton, Head of Strategic Delivery & CX at JUMO - Lucinda Revell, Co-Founder and COO of Boost Capital - Thea Olivier, Executive Operations at Retail Capital SA by TymeBank They shared how their organizations attract and finance WMSMEs, overcoming the key barriers women entrepreneurs face in accessing finance. Through their work, they’re helping bridge the $1.7 trillion financing gap that limits growth for women entrepreneurs globally. Over?400 million women entrepreneurs?worldwide lack access to the capital they need to scale their businesses and create jobs. Addressing this gap could add an incredible?$5-6 trillion?to the global economy and unlock enormous growth opportunities for financial service providers. Catch the full session and insights here: https://lnkd.in/eJEx5-WC #championthefemaleeconomy #fintechfriday #WomenInBusiness #FinancialInclusion #Fintech #WMSMEs #InclusiveGrowth

?? We’re proud to be launching the Women’s Financial Inclusion Dashboard (#WFID) in partnership with ConsumerCentriX and the Central Bank of Nigeria! This powerful tool offers an interactive snapshot of #financialinclusion levels across Nigeria, helping to advance women’s access to finance. #championthefemaleeconomy #financialinclusion #Data #WMSME #IFIC24 #Nigeria #InclusiveGrowth #accesstofinance

In line with its work supporting the Public and Private sectors to better understand, build, and implement the #WEFinanceCode in their countries, the Financial Alliance for Women is invited to speak at the?2024 International Financial Inclusion Conference #IFIC24?in Lagos, Nigeria, hosted by the Central Bank of Nigeria in partnership with the Development Bank of Nigeria Plc and the Bank of Industry. On November 12th, our CEO Inez Murray will join a distinguished panel session on?"Leveraging Data to Accelerate Access to Finance for Women-Owned and Women-Led Enterprises in Nigeria."?Inez will dive into the power of #data in advancing #financialinclusion and expanding access to capital for women entrepreneurs, a mission the #Alliance actively drives. As Nigeria commits to the Women Entrepreneurs Finance Code, we look forward to the impactful ideas and strategies that will emerge from this panel and contribute to meaningful change in the sector. #ChampionTheFemaleEconomy #FinancialInclusion #WomenEntrepreneurs #WMSME #IFIC24 #DataDrivenImpact #WomenInFinance #Nigeria #WEFinanceCode Women Entrepreneurs Finance Initiative (We-Fi)

Over 400 million women entrepreneurs worldwide have the potential to grow their businesses, contribute to the economy, and create jobs, but lack the necessary financing. Closing the gender gap in entrepreneurship—where women and men participate equally—could add $5-6 trillion to the global economy, representing a $1.7 trillion growth opportunity for financial service providers (FSPs). Our next #FintechFriday session, “Fintechs Financing WMSMEs,” will showcase best practices and lessons from fintechs successfully reaching and financing WMSMEs. It will cover strategies for attracting WMSMEs, addressing their key barriers (e.g., lack of collateral, documentation, thin credit files, algorithm bias), and converting them into clients—ultimately bridging the global gap in access to finance and usage. Join us this Friday, October 25 to hear firsthand from fintechs implementing effective strategies to ensure greater access for WMSMEs. Meet our speakers: - Carmia Lureman-Norton,?Head of Strategic Delivery & CX, JUMO - Lucinda Revell,?Co-Founder and COO, Boost Capital Register Now: https://lnkd.in/euufpy63 #ChampionTheFemaleEconomy #Fintechs #FintechFridays #WMSME #WomenEntrepreneurs #FintechFounders #GenderIntelligentFintech