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Women, Microfinance and Savings: Lessons and Proposals Image

Promoting Inclusive Markets and Financial Systems

Women, Microfinance and Savings: Lessons and Proposals

Women, Microfinance and Savings: Lessons and Proposals

Summary

Microfinance—both credit and savings—has potential to improve the well-being of poor
women in developing countries. This paper explores practical ways to achieve that
potential. Based on lessons from informal saving mechanisms that women already use,
the paper proposes two savings services designed to address the development issues that
confront women. The proposals call for safe-deposit boxes and for matched savings
accounts for health care or education.

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