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Why Gender Diversity Matters
Gender diversity matters in microfinance. WWB champions gender diversity because we believe that diverse perspectives lead to stronger decisions and healthier, more vibrant organizations. Incorporating women’s voices when designing and delivering microfinance products is particularly important when a majority of clients are women. Equally as important, microfinance clients often speak of the inspiration they derive from seeing powerful women leaders in the organizations that serve them. How best to achieve diversity? The answer lies in leadership and technical skill development of individual, high-potential leaders as well as in organizational transformations to ensure that all women and men work in environments where they can perform, excel and lead.
Featured Publication
“Transforming the Landscape of Leadership in Microfinance: Maintaining the Focus on Women” introduces WWB’s new methodology for helping MFIs support gender diversity at all levels of their institution. WWB has expanded its Women’s Leadership Development Program, which works with individuals, to include a tool that focuses on the challenges and opportunities microfinance institutions face in the attraction, retention, and promotion of qualified women staff members - the Organizational Gender Assessment. Now available in English and Spanish.
Ujjivan wins Srijan MFI Transparency Award 2010
Ujjivan Financial Services was awarded the Srijan MFI Transparency Award in the Established MFI Category, on October 8. Ujjivan was assessed based on transparency in pricing and product design, financial literacy initiatives promoting transparency with clients, effectiveness of communication and reporting mechanisms and organizational systems and innovative practices that promote transparency.
Mr. Jolly Zachariah, Ujjivan’s Chief Operating Officer (West), and a graduate of the WWB Advanced Leadership Workshop, accepted the award on behalf of the institution saying, “We are grateful to our 800,000 plus customers across 19 states and Union Territories who provide Ujjivan the opportunity to serve them every day.” Ujjivan is currently working with the Center for Microfinance Leadership at Women’s World Banking to design and implement a workforce diversity strategy. Click here to learn more about Ujjivan and the Srijan MFI Transparency Award