These snapshots of gender and financial inclusion provide a
glance at some of the ways women interact with different forms of money in a
shifting global financial landscape. Based on research conducted by IMTFI
researchers all around the world, these snapshots address the way gender
relations get reworked when money circulates through digital technologies and
is regulated by new financial institutions.
Do new payment systems and financial services give women
more autonomy in decision making about their everyday economic lives? How do
women creatively use these new technologies and other financial instruments to reconstitute
their role in society? What are some of the challenges to women’s financial
inclusion?
Research from the Philippines, Kenya, Paraguay, Nigeria,
Mexico and India demonstrates that women’s access to and engagements with money
are extremely varied and strongly influenced by entrenched socio-cultural and
economic modes of exclusion. Therefore women employ a host of different financial
management strategies as means of empowerment – from hiding money in coke
bottles, to rearing ruminants to speculating in gold. Moreover, financial
education of women emerges as an important prerequisite for financial inclusion
and one IMTFI research team recommends the use of cartoons and visual media to
achieve that goal.
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