In many developing countries, women lack a voice in their households, communities, and governments, as well as access to resources. Increasing women’s economic opportunities and participation—such as through access to land, financial services and other resources—can promote women’s status and help their countries reduce poverty and develop faster.
Less than 10% of credit going to small farmers in Africa is directed to women, though they comprise a majority of agricultural workers
In the poorest countries, girls account for 55 percent of all out-of-school children. Although these numbers represent considerable progress—30 years ago, girls represented only 38 percent of primary school enrollments—disparities remain due to gender-specific obstacles. For example, girls are expected to help with housework, and many face sexual harassment getting to school and in the classroom.
There are122 girlsout of school for every 100 boys
Microfinance emphasizes building local financial markets to meet the diverse financial needs of poor people. Access to a range of microfinance services—savings, loans, and money transfers—enables poor families to invest in enterprises, better nutrition, improved living conditions, and the health and education of their children. It is also a powerful catalyst for women’s empowerment.
Access to microfinance strengthens livelihoods and empowers women around the world
The World Bank is striving to ensure women in the region play a greater part in the social and economic spheres.
In the poorest countries, gender inequities acutely limit opportunities for girls and women. IDA has been working to expand girls’ access to education for the past three decades, and to create other opportunities for empowerment, such as through economic participation.