Project Description
IFC is partnering with Ghazanfar Bank (GB) to create a targeted offering for women in Afghanistan. Access to finance in Afghanistan is amongst the lowest in the world and the gap is even more pronounced for women. As per Findex 2017, 14.9% of adults and 7.2% of women in the country have an account at a formal financial institution. IFC will help GB develop a niche proposition in gender finance, as well as strengthen its competitiveness by growing its market and portfolio of financial and non-financial products for women. IFC will leverage its regional experiences in ‘Banking on Women’ and support GB through the following:
• Market research
• CVP development
• Product concepts
• Pilot implementation