Cherie Blair, Founder of the Cherie Blair Foundation for Women, opens the FI 2020 Global Forum’s session on Building a Roadmap to Financial Inclusion.
There was a great response on Twitter to Cherie Blair’s opening speech on Day 2 of the FI2020 Global Forum. Here is an overview of her talk as highlighted by tweeters…
Importance of the Roadmap to Financial Inclusion
@nxtstep2 #FI2020 Cherie Blair …Why is the Financial Inclusion Roadmap important? First and foremost because it was inclusive in its development.
Including women
@tkilara Does poverty have a female face? Cherie Blair makes a case at the Day 2 opening of #FI2020
@safoz #FI2020 We came a long way since 1880s but still lot to be done for full inclusion for women pic.twitter.com/6AJ3hCJj8p
@SonjKelly That’s what we’re talking about today – why can’t a woman be a person? -Cherie Blair #fi2020
@NandikaM If we are going to defeat poverty, we have to include women and design products targeted to low-income communities – Cherie Blair #FI2020
@nxtstep2 #FI2020 Cherie Blair “women are not JUST customers but NEED to be part of this industry in more meaningful ways …esp in emerging markets’
Women and mobile technology
@alexfiorillo “I am a techy. Technology should be also available to the women entrepreneurs around the world who are struggling” @CherieBlairFndn #FI2020
@helmshart #FI2020 why should only fortunate women benefit from the flexibility technology brings?
@AlexCounts Cherie Blair: ‘technology essential to empowering women’ @GrameenFdn study shows challenges microfinancegateway.org/p/site/m/templ… @CherieBlairFndn #FI2020
@Accion_Global Over 300 million women in EM don’t have mobile technology – but women make the financial decisions. –Cherie Blair, #FI2020
Understanding and accessing low-income emerging markets
@SonjKelly The successful providers are going to be the ones who understand this [low income] segment best. -Cherie Blair #fi2020
@YouthForTech “Closing the access gap will result in better living standards not just for women, but for families and communities.”- C. Blair #fi2020
NGOs need to be confident and collaborate
@AlexCounts C. Blair- for fast #financialinclusion NGOs need to be more confident, collaborative & sharing of lessons #FI2020 #microfinance
@YouthForTech “The #NGO sector needs to understand that working together is beneficial.”- C. Blair #fi2020 #notZeroSumGame
@ThePERC Cherie Blair encourages “third sector” (NGOs) to collaborate and be confident. Not chasing single pot–together will grow pot. #FI2020
@helmshart #FI2020 “third sector” (NGOs) sometimes more reluctant than private sector and government to forge partnerships -Cherie Blair
Cherie Blair Foundation for Women – partnership with Visa
@VisaNews “Women not just consumers. Deserve to be business owners as well.” Visa partnership supports women mobile agents @CherieBlairFndn #FI2020
@e_MFP Cherie Blair: a (gender) balance board, a balanced workforce, a balanced customer base = successful business. #FI2020 @CherieBlairFndn
More women in the retail chain
@helmshart #FI2020 more women in the retail chain, more women as customers — we can change the world, says Cherie Blair
@e_MFP Cherie Blair: a (gender) balanced board, a balanced workforce, a balanced customer base = successful business. #FI2020 @CherieBlairFndn
Mobile technology and literacy
@helmshart #FI2020 @sewa orders by phone multiplies income for poor women, financial inclusion can work for women who are not literate
@nxtstep2 #FI2020 ‘Micro entrepreneurs may be largely illiterate but they certainly are not ill numerate …there are always ways! @CherieBlairFndn
@YouthForTech The use of mobile phones can improve literacy skills of women leading to #FinancialInclusion. #fi2020 #development
Education and financial literacy
@RaniYouthSavngs Cherie Blair at #FI2020: so much more we can all do in #financialliteracy – in schools for kids, by providers for clients
@YouthForTech “It is not just about access to financial services but we need wide #education education on how to use them.” – C. Blair #fi2020 #ICT4D
@nxtstep2 #FI2020 ‘there is so much more we can all do to ensure fin capability is developed & women’s specific needs prominent @CherieBlairFndn
Government collaboration and client protection
@helmshart #FI2020 partnerships with the private sector, enhanced by government, is needed — collaboration is key for success, accd to Cherie Blair
@e_MFP Cherie Blair: At the end of the day, we need to have client protection, and who else can make that happen if not government? #FI2020
A Regulation Challenge
@cmaneesha #cherieblair #FI2020 If we’re going to regulate mobile money the way we do traditional banking we’ll never have finance for the poor.
To see what others are saying and posting about the Global Forum, visit the Financial Inclusion 2020 website and follow #FI2020 on Twitter.