{"id":17461,"date":"2018-03-08T09:00:38","date_gmt":"2018-03-08T08:00:38","guid":{"rendered":"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/la-inclusion-financiera-clave-conseguir-la-igualdad\/"},"modified":"2018-03-28T14:37:57","modified_gmt":"2018-03-28T12:37:57","slug":"la-inclusion-financiera-clave-conseguir-la-igualdad","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/la-inclusion-financiera-clave-conseguir-la-igualdad\/","title":{"rendered":"Financial inclusion is key in achieving equality"},"content":{"rendered":"

Poverty knows gender: there are more women suffering poverty and greater social exclusion. In fact, more than 1 billion women in the world don\u2019t have access to financial services, according to the World Bank<\/a>. Oftentimes, they are the only ones providing for their children. According to the FAO<\/a>, women reinvest up to 90% of their income in their homes, in nutrition, health, education and in activities that result to higher income, to keep on improving their lives. This is why empowering them economically is a sure bet for the future.<\/p>\n

Laura Fern\u00e1ndez Lord, head of Women\u2019s Economic Empowerment<\/a> at the BBVA Microfinance Foundation, assures that \u201cwomen undertake business activities because of and for the sake of their families, they are essential cornerstones in a country\u2019s development and poverty reduction. That is why, fostering their economic empowerment is fundamental to achieve the United Nations 2030 Agenda\u201d.<\/p>\n

 <\/p>\n

http:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2016\/10\/BBVAMF-Women_1.mp4<\/a><\/video><\/div>\n

 <\/p>\n

For instance, the million plus women supported by the Foundation progress overtime thanks to specialized financial services. Almost 8 out of 10 poor entrepreneurs that it has served in the last 3 years, are women. They are able to grow in spite of their scarce resources and the amount of domestic tasks in their charge (82% of these women have dependents under their care).<\/p>\n

\u201cWomen should dare to set up a business and be independent. If we want to fight for ourselves and our children, it\u2019s important to have financial support\u201d, calls out Leila Pena, a Chilean female entrepreneur from the Foundation\u2019s local MFI, and who weaves a better life for her family through her workshop.<\/p>\n

 <\/p>\n\"\"\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Poverty knows gender: there are more women suffering poverty and greater social exclusion. In fact, more than 1 billion women in the world don\u2019t have… Read more »<\/a><\/p>\n","protected":false},"author":13,"featured_media":17332,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1923,1437],"tags":[402,1962,1222,511,1237,225,840],"class_list":["post-17461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mujeres-en","category-news","tag-dia-internacional-de-la-mujer","tag-female-entrepreneur","tag-gender-equality","tag-igualdad-de-genero","tag-international-womens-day","tag-mujer","tag-woman","paises-espana"],"acf":[],"yoast_head":"\nFinancial inclusion is key in achieving equality - Fundaci\u00f3n Microfinanzas BBVA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/la-inclusion-financiera-clave-conseguir-la-igualdad\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial inclusion is key in achieving equality - Fundaci\u00f3n Microfinanzas BBVA\" \/>\n<meta property=\"og:description\" content=\"Poverty knows gender: there are more women suffering poverty and greater social exclusion. 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