Impact

Member Institutions

For our members, we promote innovative solutions that enable them to meet the diverse needs of all women—and women business owners in particular—more effectively and efficiently. We guide members 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.

The Alliance’s member institutions are seeing strong returns on their investments in the FEMALE ECONOMY.

They are differentiating from the competition and gaining market share—as evidenced by the fact that women’s representation in their customer base is at an ALL TIME HIGH. They also are contributing to a critical social good: advancing women’s financial inclusion, which is fundamental to the global pursuit of gender equality. In fact, the powerful impact of the Alliance’s work extends to the millions of our members’ women customers, who now have greater access to financial services that meet their diverse needs.

Member Performance

51 FSPs reporting data from 34 countries (Female Economy Analytics Survey, 2023)

COLLECTIVELY, THESE MEMBERS SERVE 77 M women customers

Women's average deposit balance has reached 93% of men's balance

COLLECTIVELY, THESE MEMBERS SERVE 13 M women small and medium businesses

COLLECTIVELY, THESE MEMBERS SERVE 47% women digital financial services users

Women's credit card average balance is 89% of men's

THROUGH THE ALLIANCE 92% of members have Women’s Market’s programs in place

Member Performance

Across the Alliance Network 38% of senior managers are women

AND PROVIDE NON-FINANCIAL SERVICES TO 1 M+ women

THEIR PORTFOLIOS INCLUDE $38 B credit provided to women

Across the Alliance Network 75% of members report higher NPS scores for women

THEIR PORTFOLIOS INCLUDE $73 B in deposits held by women

Member voices

Hear from our members how the Alliance has helped them:

Access new business opportunities by investing in holistic Women’s Markets strategies
Strengthen their business operations by improving the gender balance in their workforce and leadership
Learn more about how to enhance their gender-responsive business practices through members-only access to leading-edge research, publications, and events

With unfettered access to Alliance resources, HBL has been able to gather best practices and interact with member institutes with established and successful women-centered strategies to shorten its learning curve.

Being part of the Alliance network gave us access to a wealth of knowledge. Peer-to-peer learning and the availability of research and data through the Alliance has proven invaluable in our journey.

Through the Alliance we have been able to support members in their efforts to serve their female economies and learned much along the way that we have used in our efforts to support women financially in Australia.

Policy Advocacy

The Financial Alliance for Women is a respected voice for the value of women’s financial inclusion and the importance of breaking down the barriers preventing women’s access to finance. We elevate the public discourse on the FEMALE ECONOMY and why it matters. We use our prominent global platform to raise awareness, drive the messages, increase ambition, and influence change. We publish research and guidance to shed light on opportunities and spur action; we create learning programs to bridge the financial inclusion gap.

And we work in coalition across the financial ecosystem, with policy makers, regulators, financial institutions, civil society organizations and others to break down the financial barriers preventing women’s equitable access to finance.

Our work with partners includes conducting original research such as national gender data diagnostics, developing strategies to increase the availability and quality of sex-disaggregated financial data, and implementing the WE Finance Code. And we work with our partners to upskill their teams on how they can better support the FEMALE ECONOMY, as well as build the capacity of women’s financial inclusion public and private sector stakeholders to do so.

Women's Financial Inclusion Data partnership (WFID)

WHAT IT DOES

Raises awareness about the need for more and better sex-disagreggated data
Publishes reports to make the case for the data, map the challenges, offer solutions, and spur action on data collection and use

ALLIANCE ROLE

Co-founder with Data 2X and the Inter-American Development Bank
Technical Lead including leading global and national diagnostics on the availability and use of sex-disaggregated data
Convener of partners for knowledge sharing
Development of Use Cases, Case Studies, Tools, and Trainings
Additional partners include the Alliance for Financial Inclusion, EBRD, IDB Invest, IFC, IMF, OECD, UNCDF, and the World Bank

The Women Entrepreneurs Finance Code, launched globally by the Women Entrepreneurs Finance Initiative (We-Fi)