2016 - 19th Annual Steven Galovich Memorial Student Symposium

Presentation Title

Women's Empowerment and Value Chains: The Role of Informal Financial Services

Student Presenter(s) and Advisor

Cassandra Lira, LakeForest CollegeFollow

Location

Meyer Auditorium

Abstract

An estimated 2.5 billion people do not have formal bank accounts; the majority of these are women. Alternative financial services in Africa, Asia, and Latin America include self-help groups, rotating savings and credit associations (RoSCAs), and village savings and loan associations (VSLAs). Facing constraints such as discriminatory laws and customs, gender-based violence, and a lack of economic opportunities, informal financial tools empower women to participate in value chain activities. Previously excluded from profitable agricultural and manufacturing activities, women obtain access to capital, raw materials, training, and markets for the production, distribution, and sale of produce, clothing, crafts, and processed foods.

Presentation Type

Individual Presentation

Start Date

4-5-2016 1:00 PM

End Date

4-5-2016 2:15 PM

Panel

A Global Perspective on Informal Financial Services

Panel Moderator

Les Dlabay

Field of Study for Presentation

Business, Entrepreneurship and Innovation, Finance, International Relations, Social Justice, Women's and Gender Studies

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Apr 5th, 1:00 PM Apr 5th, 2:15 PM

Women's Empowerment and Value Chains: The Role of Informal Financial Services

Meyer Auditorium

An estimated 2.5 billion people do not have formal bank accounts; the majority of these are women. Alternative financial services in Africa, Asia, and Latin America include self-help groups, rotating savings and credit associations (RoSCAs), and village savings and loan associations (VSLAs). Facing constraints such as discriminatory laws and customs, gender-based violence, and a lack of economic opportunities, informal financial tools empower women to participate in value chain activities. Previously excluded from profitable agricultural and manufacturing activities, women obtain access to capital, raw materials, training, and markets for the production, distribution, and sale of produce, clothing, crafts, and processed foods.