8/8/2019 Finance for Girls

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Partnerships or Savings and Financial Education

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Next Generation Microfnance

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Combining tailored products and p

for financial education with savvy

campaigns is the kind of comp

offering that represents the next gen

microfinance.

In an industry best known for lending small amounts to the working poor, emerging models inmicrofinance are reaching more clients with customized products and services through newchannels. Womens World Banking (WWB) and its network member XacBank are innovating ineach of these areas to launch a savings and financial education program for girls in Mongolia.

Anjali Banthia and Benjamin Shell from WWB provide a snapshot of how their project is pushingthe industry in unexpected directions.

Savings & Financial Education or Girls in Mongolia

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A l yu .P C: Ajl B

Anjali Banthia and Benjamin Shell work in Markand New Product Development, respectively, aWorld Banking in New York City.

Girls as young as 10 regularly accumulate money,

actively manage it, and see the benefit in having

a safe place to save it.