20
vritti
Changing Lives
May 2017
While women constitute nearly half of world’s
population, but their financial inclusion is far
below compared to men, thus impacting their
contribution to economic activities, well being
and growth. Globally, only 58 percent of women
access to account in a formal financial institution
as compared to 65 percent of men. From 2011 to
2014, there has been a considerable increase of
13 percentage points of women in developing
economies having access to formal financial sector.
While in relative terms the gains have been
comparable to those among the male population
during same time period, but in absolute terms half
of women in developing economies do not have
access