The Mexican fintech Konfío is eliminating gender bias by using fair algorithms to make lending decisions based only on applicants’ credit risk. A new IDB Invest study that measures the impact of a Konfío loan on company sales shows that women-led businesses have the most to gain.
Inclusive supply chains that integrate women suppliers, mainly women-led or -owned SMEs, drive economic growth, employment and business benefits, while creating an opportunity to build partner loyalty and offer new perspectives and ideas for innovation.
By closing the technology and gender digital divide, we could add about $2 trillion to global GDP, and prevent the creation of wider gender gaps as automation replaces the less-qualified workforce, frequently women, in larger numbers.
Gender-smart housing is a socio-urban intervention strategy aimed at promoting women’s safety in housing spaces based on a gender-lens territorial analysis.
Girls and boys begin to classify jobs according to gender at the age of six. At the age of 12, about 50% of girls aspire only to stereotypically feminine roles – this is the “dream gap.”
The private sector can help strengthen the recent progress of the Plurinational State of Bolivia on gender issues, as well as complementing the government's efforts for post-pandemic economic recovery and the role of women both in labor participation and through the enterprises they lead.