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From the CEO:
As Girls’s World Banking expands its attain globally, one fixed stays: girls place nice worth on—certainly they aspire to—having a secure place to save lots of, a mortgage of their personal title and insurance coverage as monetary safety in a well being emergency. As one lady in Malawi so eloquently advised us after we requested her how she would really feel about having a financial savings account, “That will make us really feel very proud and our lives could be very glad daily.”
In 2013, the ultimate yr of our three-year Strategic Plan, we introduced this sense of delight to extra girls all around the world. Within the final three years we now have accomplished 27 analysis research on the lives of low-income girls; reached 1.2 million shoppers in 24 monetary establishments with new merchandise; and skilled greater than 200 leaders of economic establishments. We’re happy as an instance the impression behind these
numbers all through the pages of this report.
2013 introduced new alternatives to increase our work on an unprecedented scale in Africa the place an increasing number of business banks are recognizing what Girls’s World Banking has at all times recognized—the great market alternative in serving low-income girls. We developed
a financial savings product with Diamond Financial institution, one of many largest business banks in Nigeria and started new relationships with business banks in Malawi and Tanzania.
Persevering with this theme of progress, we introduced a number of progressive merchandise to international scale in 2013. Girls’s World Banking has lengthy believed within the potential of microinsurance to offer a worthwhile enterprise alternative for monetary establishments in addition to a vital security web for low-income households in disaster. Our profitable Caregiver microinsurance product, first launched in Jordan, is increasing to Peru, Uganda, Morocco, and Mexico. Equally, youth financial savings, first launched in Mongolia and the Dominican Republic, has now expanded to India, Nigeria and Ethiopia, offering ladies and boys with an introduction to monetary training and to the facility of a financial savings account.
After all these merchandise can’t be sustainable with out two important substances, each areas the place Girls’s World Banking confirmed progress in 2013: monetary training so girls can perceive the merchandise they are utilizing and powerful management within the monetary establishment to drive innovation to serve the ladies’s market.
We’re happy with the constructive impression of our work in 2013. However we consider that lady in Malawi daily—each lady deserves the monetary services and products that can deliver her safety, prosperity and dignity. Within the subsequent 5 years, we’ll present 5 million extra shoppers with these priceless monetary instruments. Please be part of us on this journey.
Mary Ellen Iskenderian
President and CEODownload the English Model
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