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Girls’s World Banking is proud to launch its 2012 Annual Report. Beneath is the President’s Letter, introducing the work and accomplishments featured within the report.
In 2011 Girls’s World Banking set-out to show that offering low-income girls with monetary companies is just not charity however good enterprise. In creating economies 63 % of ladies don’t have a checking account, which severely limits their capacity to construct a enterprise or save for emergencies or a baby’s training. In the course of the second 12 months of our three-year strategic plan, we offered greater than 1,000,000 purchasers with entry to the monetary instruments and sources they want.
Our mannequin consists of incubating new merchandise and replicating what we discovered in different markets. Throughout 2012 we continued to incubate new merchandise (loans for rural girls) and scaled examined merchandise to new markets (insurance coverage and youth financial savings). An exterior analysis of progress beneath this strategic plan confirmed the effectiveness of the initiatives we lay out on this report and that the group is well-positioned to proceed increasing on these successes.
Our technique, pushed by client-centric product growth and powerful management at our community establishments, requires continuous and rigorous measurement and analysis. Findings from current evaluations of our youth financial savings, monetary training and management growth work could be discovered on pages 13, 21, and 23. This deal with monitoring and analysis helps us to develop higher merchandise and show that we’re enhancing the lives of ladies and ladies globally. As well as, Girls’s World Banking launched the Gender Efficiency Initiative to offer monetary establishments with a complete set of efficiency indicators that measure how successfully they’re serving girls, each as purchasers and workers.
Girls’s World Banking additionally welcomed our first companion in Lebanon, with the induction of Al Majmoua into our community. This establishment joins a robust community that has proven the sustainability of specializing in girls. In combination the community serves 19 million purchasers and outperforms the business on working effectivity and return on belongings. This 12 months Girls’s World Banking not solely created new monetary merchandise and expanded our community to new markets, we additionally launched a brand new model identification with up to date messaging and brand to extra precisely replicate the progressive work we’re doing. With this annual report I’m thrilled to unveil Girls’s World Banking’s new look!
I’m very happy with the accomplishments and influence of our work in 2012. We sit up for persevering with our work to enhance the lives of ladies, households and communities worldwide.
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