Measuring Progress on Women’s Financial Inclusion and Entrepreneurship in the Philippines: Results from a Micro, Small, and Medium-Sized Enterprise Survey
Publication | October 2023
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This report assesses the hurdles Philippine micro, small, and medium-sized enterprises (MSMEs) face to access the financial services they need to grow and outlines how to promote an entrepreneurial ecosystem that enables women-owned MSMEs to thrive.
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Drawing on the results of a survey of MSMEs, which account for 63 percent of total employment in the Philippines, it highlights why women entrepreneurs find it harder to access credit and are less likely to use digital financial services. It recommends financial institutions tailor digital solutions toward women entrepreneurs and invest in training to help boost gender equality and financial inclusion for MSMEs.
Contents
- Introduction
- Research Design
- The Profile of Enterprises Surveyed in the Philippines
- Micro, Small, and Medium-Sized Enterprise Financing Status: Opportunities and Trends
- Barriers to and Opportunities for Business Growth and Use of Financial Solutions for Micro, Small, and Medium-Sized Enterprises
- Women’s Entrepreneurship and Financial Inclusion in Southeast Asia: A Comparative Analysis
- Conclusions and Recommendations
- Appendixes
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