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Showing posts from February, 2023
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  Empowering Bangladeshi Women: Financial Literacy as a Shield Against Vulnerability  Shohorat Mahapara Purnata Bangladesh, a rising nation, grapples with a persistent disparity: the limited financial literacy among its women. This lack of knowledge not only hinders their economic potential but also leaves them vulnerable to financial abuse and perpetuates existing gender gaps. Investing in financial literacy for Bangladeshi women isn't just about economic empowerment and building a more equitable and resilient society. Understanding the Landscape: Statistics paint a stark picture. According to the Global Findex 2021, 67% of Bangladeshi women lack bank accounts, and 80% haven't touched mobile money. Only 28% possess basic financial literacy, and the gap widens significantly in rural areas ( World Bank, 2023 ). This limited knowledge creates fertile ground for financial abuse, leaving women susceptible to exploitative practices like predatory lending, loan scams, and even contr...