Thursday, June 20, 2019

Eighty Percent of Women-Owned Businesses with Credit Needs Worldwide are Either Unserved or Underserved

When a woman wants to start or grow her own business, the odds of securing a business loan are heavily stacked against her.
As we [World Economic Forum] search for a solution to the inequality between men and women in accessing finance around the world, the answer could be simple: stop asking for collateral.
Let me repeat:  stop asking for collateral.

Calling on all banks to rise to this challenge, rethink their approach and create equal access and opportunities for women around the globe.

Read more about how to improve women's access to finance worldwide and unleash huge economic potential.

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