Article Oct. 15, 2018
She Counts: a global platform to put savings and financial tools in the hands of women
Article Oct. 15, 2018
ExxonMobil Foundation partnered with Women’s World Banking and the Center for Global Development to launch the She Counts initiative. She Counts puts financial tools in the hands of women, capitalizing on their natural inclination to save, control their income and invest in their business. Research shows that women are big savers — in developing countries, women save between 10-15 percent of their daily income.
One billion women, mostly in developing countries, lack access to financial services and savings accounts — negatively affecting business opportunities for women entrepreneurs and depressing economic growth. With our support, the Center for Global Development measured how savings and business training help to move the needle on women’s economic empowerment. The results are significant. Working with female business owners and private sector companies, the findings show that when women save, they exponentially increase their decision-making power and economic empowerment.
For women, access to a savings account means building a prosperous future for themselves and their families. And, when women move forward, the world moves with them.
Economic empowerment starts with opportunitiesWomen’s economic empowerment can be a powerful driver of change. New opportunities not only improve the lives of individual women entrepreneurs, but also have a multiplier effect, enhancing the quality of life of their families and communities.
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Women in science: Changing mindsets ‘stems’ from awarenessThis International Women’s Day, ExxonMobil is proud to spotlight successful women from around the globe. The world of science, technology, engineering and mathematics (STEM) is no longer relegated to men in white lab coats. It’s an environment filled with women producing life-changing work that has the power to impact millions.
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Our partners in building women's economic opportunitiesExxonMobil is proud to work with a range of partners including community-based organizations, global NGOs, universities and government agencies to increase economic opportunities for women in developing countries and emerging markets.
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