FinDev Quiz

What Explains the Financial Inclusion Gender Gap?

Explore your knowledge on a range of issues that affect women's financial inclusion - from gendered social norms to women's property rights to gender lens investing
Four women working with gravel.

Financial inclusion can play an important role in women’s economic empowerment. Access to formal savings accounts, for example, helps women manage economic shocks while digital payments enable women to have greater control of their income and transactions.

Despite significant progress in recent years and efforts by many organizations around the world to increase women’s financial inclusion, the gender gap persists. Roughly 1 billion women living in the poorest 40 percent of developing-country households remain outside the formal financial system, according to the Global Findex database. 

For International Women's Day this year, explore your knowledge on a range of issues that affect women's financial inclusion - from gendered social norms to women's property rights to gender lens investing. How much do you know? Take our quiz to find out. Your responses will remain anonymous.

1. Which of these gendered social norms prevent women from taking full advantage of financial services?

(a) Women and girls should prioritize caregiving.

(b) Women should not have financial privacy from their husbands.

(c) Women should not own large assets.

(d) Women should not use mobile phones.

(e) All of the above
2. True or False: 75 countries limit women’s property rights.

True

False
3. In low-income countries, what percentage of women do not have an ID?

22 percent

33 percent

44 percent

55 percent
4. How does gender lens investing (GLI) advance gender equality?

(a) By investing only in women-led institutions.

(b) By disregarding gender-based factors to ensure a gender-neutral approach to investment decisions.

(c) By integrating gender-based factors to better inform investment decisions.

(d) By wearing special rainbow-colored glasses that allow investors to visualize a future in which all genders are equal.
5. 80 percent of fintechs surveyed by Financial Alliance for Women collect sex-disaggregated data. What do most of them use it for?

(a) To inform decisions from the start of their business lifecycle.

(b) To help them reach the women’s market.

(c) To develop a gender-intelligent customer value proposition.

(d) Most do not use it to inform decisions at any stage in the business lifecycle.
6. Globally, how many Central Bank governors are women?

14

25

36

47

58
This International Women's Day, FinDev invites you to join FinEquity, a leading global community that seeks to empower women through financial inclusion. FinEquity provides a range of knowledge resources for organizations and individuals who want to learn more and contribute to women’s economic empowerment.

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Gender and Women's Empowerment
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Comments on this page are moderated by FinDev Editors. We welcome comments that offer remarks and insights that are relevant to the post. Learn More

Kehinde Ijitona , Society for Peace Studies and Practice, Nigeria
03 March 2022

For women to be free from domestic violence, they should be financially empowered. As such, let us lend a helping hand to women wherever we are.

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