In every country, women and men alike need access to finance so that they can invest in their families and businesses. But today, 42% of women worldwide – about 1.1 billion – remain outside of the formal financial system, without a bank account or other basic tools to manage their money.
Poor financial access makes it harder for these women to get ahead, but it also holds back development in many countries. This is because women tend to invest more of their money in education, health care and children’s welfare. These priorities not only strengthen their families but also underpin a society’s long-term strength.