Addressing gender disparity in financial inclusion with technology

One key way to eliminate gender disparity in financial inclusion is to increase financial literacy among women. [iSockphoto]

Financial inclusion has been a key agenda for most developing countries, aimed at improving the livelihoods of individuals and promoting economic growth. However, in most societies, women face various barriers that hinder them from accessing financial services, thus widening the gender gap. This gender disparity is unacceptable, and a collective effort from all stakeholders is needed to bridge this gap.

One key way to eliminate gender disparity in financial inclusion is to increase financial literacy among women. Women, in most cases, lack the necessary knowledge and skills to access financial services, such as banking and savings. Therefore, providing education and training programs that specifically target women can help increase their financial literacy and reduce the gender gap.