Women are the fastest growing group of entrepreneurs, yet have the least financial resources for scaling." Many women around the world don’t have the same opportunities as men; the total micro, small, or medium enterprise (MSME) finance gap for women is estimated to be valued at $1.7 trillion. Yet women entrepreneurs own 22% of micro-enterprises and 32% of small and medium enterprises (SMEs).
More broadly, 740 million women globally are unbanked, according to the World Bank’s 2021 database, and 2.4 billion women worldwide lack the same economic rights as men. Unless we make conscious efforts to include women, financial interventions miss the mark."
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