Women’s World Banking supports millions of women entrepreneurs around the globe with credit and financial advice. So we were honored to support Women’s World Banking with strategic advice when the microfinance landscape began to change.
Women’s World Banking’s global network of 39 microfinance institutions has offered credit and financial advice to more than 24 million low-income people – 80% of whom are women – in 28 countries worldwide. A microloan – sometimes as little as $100 – can give entrepreneurs the help they need to make their business a success: it’s the resource to buy fertilizer to yield a bigger harvest, to expand the range of products a bodega carries, or to upgrade a stove at a bakery.'
As the microfinance market matured and evolved, Women's World Banking invited Oliver Wyman to help them analyze their competitive landscape and set strategic priorities. Always data-driven, our team conducted extensive research on the state of the microfinance industry, examining the trend away from subsidized donor funding and into the commercial mainstream. Then they interviewed a wide swath of stakeholders to learn their needs and expectations. They collaborated with WWB's management team to identify and evaluate strategic options. And they held a series of workshops with a broader group from WWB to build consensus and make decisions.