Women’s World Banking is cited for its work developing digital financial services tailored to the needs of low-income women.
Mobile phone ownership has has a significant impact on Tanzanian women’s businesses and lives, a recent study led by the United States’ College of William and Mary found.
Two-thirds of Tanzanians own a phone, but only four in 10 women are phone owners, according to government data.
When 60 female small business owners were given free mobile phones, their businesses improved, the study found.
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Eight out of 10 African women do not have a bank account, according to the U.S.-based charity Women’s World Banking, which uses mobile phone technology to increase women’s access to financial services.
