Harnessing Fintech Skills of Women-led MSMEs in Promoting Inclusive Growth Against COVID-19

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Harnessing Fintech Skills of Women-led MSMEs in Promoting Inclusive Growth Against COVID-19

Publication Number

APEC#221-PP-04.1

Published Date

April 2021

Type of Publication

Proceedings

Publications Under

SOM Steering Committee on Economic and Technical Cooperation(SCE), Policy Partnership on Women and the Economy (PPWE)

Accessed

1177

Pages

16

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Description

This report summarizes the discussion at the APEC Virtual Workshop on Harnessing Fintech Skills of Women-led MSMEs in Promoting inclusive Growth Against Covid-19 held in  Ha Noi, Viet Nam in December 2020. The workshop was conducted with the following objectives: (i) Identify key opportunities and challenges that MSMEs are benefiting and facing in the Fintech field, which enhance the participants’ understanding of the role of Fintech in MSMEs’ development; (ii) Share best practices among APEC members, experts, NGOs, businesses, global and regional organizations on how women-led MSMEs can maximize the benefits and mitigate the potential risks of Fintech for their better capital; (iii) Identify focused areas of cooperation in MSMEs’ Fintech; and (iv) Develop a set of recommendations for policy makers or government officials in designing and implementing policies/regulations that mandate non-discrimination in access to credit based on gender and marital status, help create favorable environments to accelerate the development of Fintech and the ease-of-doing-business for enterprises providing FinTech services.