Data and voices on women’s financial inclusion and education

Thursday, March 7, 2019

The BCRA gathered, for the first time, information on the way in which women participate in the financial system.

The BCRA gathered, for the first time, information on how women participate in the financial system, what their age-related behaviors are, what their access to credit is like, how financing for their projects grows, and how they save.

These data make it possible to give visibility to the gender gap and think of more tools and new services to reverse the situation through inclusion and financial education.

Entrepreneurs, teachers and economists added their voices in a video so that both women and other gender identities can achieve their full economic development.

Get to know the stories of the women who participate in the video:

Lucila Decoud has a degree in Economics and is pursuing a master’s degree in Social Economy. She works in territorial development within the non-profit organization Nuestras Huellas, which works on the methodology of communal banks to finance women entrepreneurs from vulnerable neighborhoods of Greater Buenos Aires.

Florencia Ferradas is a secondary school teacher in the southern area of Greater Buenos Aires. She works with students in recent years in Economics and participated in the training for teachers in financial education provided by the BCRA.

Anabela Gómez has a degree in Economics from the University of Buenos Aires (UBA) and a postgraduate degree in Finance (University of Rosario | Rofex). She works at the BCRA on financial inclusion issues and participates in international forums such as the G20 and the Alliance for Financial Inclusion, where the gender issue is cross-cutting. In addition, she represents the BCRA in financial inclusion tables such as the Argentine Network of Microcredit Institutions (RADIM), FOROMIC and the Center for Women’s Economic Development (CEDEM).

Laura Macherett was organizing her daughter’s 15th birthday and, to reduce costs because she was out of work, she decided to buy materials to make the decoration of the living room herself. That was the starting point for her venture of renting furniture and decoration for events. In 2016 she approached the organization Mujeres 2000 where she received microcredits, training and access to a network of women entrepreneurs that helped her grow her project into a small family business.

Sofía Lombardía is a musician and Aldana Palavecino studied film. They are friends and since last year they have been running Ninja, a textile enterprise that produces printed T-shirts and sweatshirts – many with a feminist theme – and accessories such as fanny packs, backpacks and mugs. They market their products throughout the country through an online store.

Jacqueline Robledo Monti is a professor of Philosophy and Pedagogy (Universidad Nacional de San Juan) and a master’s degree in Philosophy (Universidad de Chile). She works in the Financial Education area of the BCRA and carries out the Financial Skills for Life program, which aims to develop students’ capacities to interact with the financial system in a responsible and critical way. In addition, she participates as a representative of the BCRA in activities to disseminate investment tools among women.

Vera Sánchez is a political scientist and co-founder with Cecilia Retegui of Zolvers, a platform that was born in 2013 and connects clients with people looking for work in cleaning or home maintenance tasks. They are present in different Latin American countries and work on financial inclusion and access to microcredit for people who work in the sector.

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