Gender Week at World Bank
- Date : Friday November 10, 2017
- Venue : Washington DC
With the recommendation of the World Council of Credit Unions, ACCU CEO Elenita V. San Roque was given an opportunity to be part of the panel on Women Financial Inclusion at the Gender, Law and Development Week from November 6-10, 2017 at the World Bank Headquarters, Washington DC.
The event draws over 1,000 participants and convenes a broad community of development professionals, globally. CEO Leni San Roque spoke about the two-overarching focus on women empowerment – 1) Political Empowerment: Equality at the Board table (>50% members of credit unions are women) and 2) Economic Empowerment: direct path towards gender equality, poverty eradication and inclusive economic growth.
Since more than 50% members of credit union members are women, there is a need for women to be part of the decision making. It promotes the Sister Societies in Asia to inspire, connect and motivate women to take leadership roles. The Sister Society, a local network of the Global Women’s Leadership Network helps bridge the self-confidence gaps for women who have the capabilities and passion to make a difference in the lives of other people.
She also spoke about the establishment of business development centers in credit unions to transform businesses of poor women entrepreneurs into viable and larger business enterprises.
She shared the vision of ACCU in digitizing financial services of credit unions in Asia. The pilot on digitization in the Philippines was highlighted – Kaya Payment platform. The platform will increase women's financial autonomy, support women's participation in the workforce and improve business performance, increase ability to remotely work from their homes or other places in their communities, reduce and better manage risks and faster turnover that leads to economic activities.