Gender inequality is a key factor in women making up the majority of the world’s poor. Along with lower incomes, many women are denied the ownership and control of property. In addition, more than one billion women cannot access basic financial services, turning to disorganized saving and risky loans. Women entrepreneurs growing small and medium enterprises are impeded by these challenges.
By confronting the financial barriers and inequality that women face, focusing on entrepreneurship, property rights and financial inclusion, as much as $28 trillion could be added to the annual global GDP by 2025. When women have a voice over household finances, family economic status improves and childhood survival rates, food security and educational attainment increase as well.
- Introduced in the House: April 12, 2018
- Introduced in the Senate: July 18, 2018
- Passed in the Senate: December 19, 2018
- Passed in the House: July 17 & December 21, 2018
- Became Public Law No. 115-428: January 9, 2019
Borgen Project Efforts
- Emails Sent: 892
- Number of Meetings: 4