The president and CEO of Women's World Banking, Mary Ellen Iskenderian, discusses how women globally disproportionately bore the economic cost of the pandemic, and how for many women, the concept of microfinance has been an economic lifeline, especially for many women in developing countries. We also discuss her recent book, There’s Nothing Micro About a Billion Women, in which Iskenderian explores some of the personal stories of the nearly one billion women have been completely excluded from the formal financial system.
Mentioned in this episode:
There’s Nothing Micro About a Billion Women by Mary Ellen Iskenderian
The World Bank’s latest Global Findex report which has shown that 742 million women in the world are still without access to formal financial services. If this were a country, it would be the 3rd largest in the world and twice the population of the United States.
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