Women’s World Banking’s 2023 Impact Report

July 31, 2024

Transforming Lives Through Women’s Financial Inclusion 

Women’s World Banking is dedicated to serve the 1 billion women excluded by the formal financial sector. As an NGO, we partner with financial institutions and policy makers to design and develop solutions and programs that facilitate systemic change for women. As an investor, we advance women in the workplace and as customers through direct equity to bring financial security, prosperity and independence to women.  

Our 2023 Impact Report showcases our dedicated efforts to bring financial services to un- and underbanked women globally, fostering economic independence and resilience. As you delve into the report, you’ll discover the transformative impact of our initiatives and the inspiring stories of women whose lives have been changed. 

Key Achievements 

Since embarking on our ten-year strategy in 2018, Women’s World Banking has set ambitious goals, and the results are remarkable. We aimed to reach 30 million women by the end of 2023, and we surpassed this goal, reaching over 38 million women. Our partnerships with 205 institutions across 59 countries have been instrumental in driving systemic change, ensuring that financial services are accessible and inclusive. 

Highlights from the 2023 Impact Report 

  1. Research 
  • 10,221 women voices represented in our active research engagements to ensure their needs inform our work at every step and our solutions tackle biases. 
  1. Inclusive Policy 
  • 6 policy and regulatory bodies partnered with across 6 countries to create inclusive policies and bolster the infrastructure for systemic change. 
  1. Leadership & Diversity Programs 
  • 46 participants from 22 institutions across 18 countries trained to become changemakers in government, aiming to elevate women’s financial inclusion on regulatory agendas and close the industry’s leadership gender gap. 
  1. Relevant Products & Solutions 
  • 21.6 million women reached through products and programs deployed by 36 FSP partnerships to directly increase women’s financial access and economic empowerment. 
  1. Global Member Network 
  • 13 new FSPs recruited to our Global Member Network from 6 countries with a reach of 22.5 million women, fostering a borderless exchange of insights between these institutions committed to women’s financial inclusion to scale impact. 
  1. Women’s World Banking Asset Management 
  • USD 10 million invested in 1 new financial institution to grow their women customer base and increase internal workforce diversity. 

Looking Ahead: The Future of Financial Inclusion 

As we celebrate our achievements, we remain focused on the future. Upcoming initiatives aim to expand credit to women-led businesses, drive inclusive policies for displaced women, and explore climate resilience solutions. Our goal is to continue building on our successes, creating a world where every woman has the opportunity to prosper. 

Join us in our mission to economically empower women worldwide. Download the 2023 Impact Report today to dive deeper into our impact and be part of a movement that is changing lives and shaping the future of financial inclusion.