Rural Women Breakout - Lisa Peterlechner, GIZ


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  • . Gender Training in 3 SACCOsDevelopment of questionnaireTraining needs assessment Designing and reproducing training documentsTraining BoD and Mmt on Gender2. Gender Audit in 3 SACCOsDevelopment of guidelinesReview SACCO manualsDevelopment of gender policy with consultantProgress monitoringMobilization of female members by the SACCOWorkshop preparation1 Day Strategic Planning Workshop4. Moblitization of female members through media campaign in 1 SACCODevelopment of messages for radio campaign in local languageTesting of the community radio spotsImplementation of radio campaignMonitoringTraining of saving groups in the area of 3 SACCOsInformation collection and research and review manualsPreparation of workshop messagesTraining of 12 Community TrainersMobilize + Training of Women (at least 4 groups per Trainer)Follow up / Monitoring6. Monitoring and EvaluationSharing sessionsProvision of monitoring dataEvaluation field visitEvaluation workshop7. Overall coordination and fundingCoordination of partners and activitiesFunding of implementing partners through Local Subsidy Contracts
  • Rural Women Breakout - Lisa Peterlechner, GIZ

    1. 1. #bwffconf Building Women-Focused Finance: The Global-Local Experience Lisa Peterlechner GIZ #bwffconf Building Women-Focused Finance
    2. 2. #bwffconf 1- Usage of financial services by rural women in Uganda • Relatively low access to financial services: – Only 28% of Ugandans have access to formal financial services • Rural areas disadvantaged compared to urban areas: – 38% of urban population use banks, compared to 15% of rural • Women disadvantaged compared to men: – More men (31%) than women (26%) are formally served – More women (31%) than men (28%) feel financially excluded – Women in rural areas are 6.1% less likely to save than men  Women in rural areas are most disadvantaged • Study in 8 GIZ partner Savings and Credit Cooperatives (SACCOs): - Women represent less than 30% of board, management and membership - Women who use financial services, often save more and repay better Building Women-Focused Finance
    3. 3. #bwffconf 2- Barriers for rural women • Gender division of roles at family/ household level – Financial management is the responsibility of men – Women focus on production, men focus on marketing -> women have less income – Women work more hours a day and most of it from home • Male domination and spousal interference – “It is better to have a wife who is illiterate and poor but manageable than one who is educated and rich but difficult to manage” – Women are not allowed to open accounts or if they are, men control the accounts • Women’s lack of property rights – Land is the number one asset in rural areas, women own only 7% of registered land • Lack in education, low self-esteem – Perception that financial services are for the well educated and well-off – Idea that SACCOs / MFIs = loans = dangerous: “One woman failed to pay and they came and took her baby’s bed sheets”. • Financial products, policies and procedures which do not take account of women specific needs and challenges – “Women contribute a lot of income to the household but they are denied loans, because they are regarded to be inferior and they do not have collateral.” – High entrance cost: relative to their income, the costs of opening an account equals 15% of women’s monthly income, whereas it is only 8% for men. – Focus on business loans, whereas women have more diversified needs (education, health, a variety of savings products, etc.) Building Women-Focused Finance
    4. 4. #bwffconf SACCO leaders are sensitized on Gender GIZ FSD Gender strategy for SACCOs Gender audit Gender training Female leadership training SACCO SACCO has and applies a Gender policy Women contribute more and better SACCO products are adapted to the needs of men and women Gender sensitive product dev. Men and women are targeted in mobilization campaigns Support in comm. strategy Community Media campaign Training of savings groups Building Women-Focused Finance Men are sensitized on the benefits of women joining SACCOs; more women are willing and able to join a SACCO Increased female participation in SACCOs 2 – A holistic approach to increasing female participation
    5. 5. #bwffconf 3 – Focus on linkage banking Linkage banking: Combining the convenience of informal financial services with the safety and opportunities of formal financial services The clients’ side: • Benefits of informal groups: – Focus on saving, small transactions, no fees involved, groups are close by (responding to Gender division of roles at family/ household level) – Social supervision, no need for collateral (responding to women’s lack of property rights) – Saving and lending with peers, in a modest setting, with simple and transparent procedures (responding to lack in education, low self-esteem) – Participation in groups usually meets more acceptance with spouse (responding to male domination and spousal interference) • Benefits of formal financial services: – Savings need to be safe – Need for bigger loans, for more diversified financial services usually arises after some time Benefits for financial institutions: – Access to a new client segment which is otherwise difficult to reach – Low transaction costs – Usually high savings – Qualified clients with a track record in saving and borrowing Building Women-Focused Finance 5
    6. 6. #bwffconf Thank you for your attention Building Women-Focused Finance 6