Alliance Study Tours offer financial services providers with early-stage Women’s Markets programs and those looking to take their programs to the next level the opportunity to learn from the best in the business. Participants meet the teams responsible for developing and implementing world-class programs – including Strategy, Marketing, Distribution, Public Relations, Human Resources and Diversity – and discuss best practices, obstacles encountered and lessons learned.
In 2024 the Financial Alliance for Women designed a 1-day immersion program with UK Code Anchors and FSP Signatories for the Women Entrepreneurs Finance Code – Community of Champions. The Study Tour took place in London, the United Kingdom, on June 6, 2024 and included extensive insights on the design and implementation of the UK’s Investing In Women Code upon which the WE Finance Code is modelled. Participants also learned how to build a national coalition and develop the WMSME Data Journey so they can implement in their countries.
The Community of Champions consists of Code anchors from each We-Fi pilot country as well as the UK and Netherlands. Public and private sector Anchors might include:
The We Finance Code is a new initiative with tremendous potential. To ensure a rapid and successful adoption, it is important that the learning across implementing countries is expedited. The Best Practices shared in the Community of Champions will build off the first country to implement a Code, the United Kingdom, and be complemented with advances made in the first three additional countries to adopt a Code—the Dominican Republic, Indonesia, and The Netherlands. As pilots in other countries get started, so their insights will be added to learning content.
“You learn firsthand how other banks have been able to make it, and what the challenges, costs and benefits are.”