Investing in financial inclusion and shared prosperity
An inclusive financial system, where all members of society have access to financial services, is essential for shared prosperity and inclusive growth. Financial inclusion fosters entrepreneurship and job creation, and gives individuals the tools to improve their livelihoods on a plethora of levels – financial security, health, education, and more.
Half the world’s adults are excluded from the financial system
Today, 1.7 billion adults remain unbanked and have no access to credit, savings accounts, insurance or related financial services. 56% of them are women, and 59% of these women do not participate in their country’s labour force.
Alleviating poverty by supporting entrepreneurship
Impact investing and particularly investments in microfinance foster inclusive growth and development by providing micro entrepreneurs with capital and other services to support income-generating activities. Access to such services unleashes the potential of entrepreneurs, many of whom are the most socially and economically vulnerable, and helps to break cycles of poverty and oppression, empowering individuals, families and communities.
At BlueOrchard, we focus on creating jobs, creating opportunities for women entrepreneurs and alleviating both poverty and its root causes.