UBX, WomenBizPH, SeedIn intensify efforts to democratize access to capital financing for women-led biz

UBX, the leading open finance platform in the Philippines, Women’s Business Council Philippines (WomenBizPH), the leading voice of women in Commerce, and mobile financing powerhouse SeedIn are intensifying their efforts to empower women-led enterprises and women entrepreneurs through democratized access to business financing. 

UBX, WomenBizPH, and SeedIn have strengthened their partnership to reach more women entrepreneurs and women-led enterprises to provide them with financial tools that help them jumpstart or scale their businesses.

Providing access to the gatekeepers of the family’s finance: GCash empowers Filipino women to be included in the financial landscape

For Filipinos, mothers are considered to be their light of the homes. They provide direction, clarity in difficult situations, and they manage the everyday lives of the Filipino family.

Women also play as the gatekeepers of the finances of Filipino homes. Typical in the Philippines, the husbands give their salaries to the wives, who then distributes the total household earnings to the daily needs and occasional wants of each member of the family.

Given this, it comes at no surprise that women are much more included in the local financial landscape, according to data from the Bangko Sentral ng Pilipinas (BSP). Based on the latest central bank survey on financial inclusion, 38.9 percent of women in the Philippines have formal bank accounts, while only 30 percent of adult men hold savings accounts.

Providing access to the gatekeepers of the family’s finance: GCash empowers Filipino women to be included in the financial landscape

For Filipinos, mothers are considered to be their light of the homes. They provide direction, clarity in difficult situations, and they manage the everyday lives of the Filipino family.

Women also play as the gatekeepers of the finances of Filipino homes. Typical in the Philippines, the husbands give their salaries to the wives, who then distributes the total household earnings to the daily needs and occasional wants of each member of the family.

Given this, it comes at no surprise that women are much more included in the local financial landscape, according to data from the Bangko Sentral ng Pilipinas (BSP). Based on the latest central bank survey on financial inclusion, 38.9 percent of women in the Philippines have formal bank accounts, while only 30 percent of adult men hold savings accounts.