Women’s Economic Empowerment

RANAFA  defines women’s economic empowerment as the process by which women increase their right to economic resources and power to make decisions that benefit themselves, their families and their communities. Investing in women’s economic empowerment sets a path for poverty reduction and for equality between men and women. RANAFA  works to ensure that poor women have access to a full range of suitable and affordable financial services critical to withstand shocks and fulfil their economic and social potential. We empower women to build better livelihoods, earn more income, and create businesses that provide jobs and boost local economies. With improved financial security, other areas of women’s lives also improve: they can afford health.

The disadvantages and discrimination faced by women and girls severely limits women’s and girls’ ability to lift themselves out of poverty. As a result, women are more likely to work in informal, low-wage jobs with exploitative and unequal working conditions, and have restricted access to affordable, quality financial products and services, like a savings account or small loan. Only 37% of women in poor countries have access to basic financial services. RANAFA  focuses its efforts on four key pathways where it believes it can have the most impact – financial inclusion, entrepreneurship, dignified work and inclusive value chains.

How We Help

Financial Inclusion

RANAFA  have greatly fostered women’s economic empowerment. allow the most vulnerable to efficiently save and invest small amounts of money to grow a new business. Of the over 5 million members, 79% are women. These saving programmes also give women and girls vital financial skills to build their businesses by providing training in savings, loans and financial literacy.

Entrepreneurship

RANAFA  helps women gain access to basic financial services such as bank accounts and to business skills training. Combined with efforts to strengthen women’s economic decision-making power and develop a more supportive environment in both the household and the community, this enables more women to start businesses, leading to financial independence.

Inclusive Value Chains

A value chain is the series of activities required to bring a product from its design and manufacture to consumers. Including small-holder farmers and women in value chains and ensuring that they receive their fair share of profit means a more equal share for everyone as a country’s economy grows.

Rebuilding livelihoods after emergencies

One of the best ways to help people get back on their feet after a disaster is to support them to start earning an income. We give cash grants to people affected by disasters so that they can purchase basic supplies, and use the money to get their livelihood back on track.

Dignified Work

RANAFA  works with women to ensure they have a workplace that provides adequate wages and safe working conditions, where they are protected from sexual and gender-based violence

Together we can bring change to the society