Barriers, Bias, and Banking: Balancing needs and risks related to gender and unintended consequences of financial services
This webinar will be in English with simultaneous Spanish translation. It will be discussed how some things are simply fundamental for serving women better with financial services. To begin, a financial services provider (FSP) should understand its own biases that affect female staff. Additionally, an FSP should understand the tradeoffs that female clients make when pursuing economic opportunities, and the types of negative shocks they commonly face. With this knowledge, the FSP can improve its practices and achieve better outcomes for women. During the webinar, the SPTF will share recent changes to the Universal Standards that have incorporated a stronger gender lens. Grameen Foundation will share a toolkit that helps FSPs implement good practices in promoting women’s economic empowerment while avoiding unintended negative consequences such as child labor or gender-based violence.