How we can unlock money and change the future for millions of women

Women are awesome with money—they save, pay back loans, and make good financial decisions. However, structural inequalities prevent women from participating fully in the global economy.

Learn how Stellar, an open financial network for the world, can help fix this. Discover how you can help change the future of women & money.

Video of this talk: https://www.youtube.com/watch?v=1y3rEvvUUoo&index=1&list=PLGQI7qUXRrQFE0tXIaTqp4laes-cCMJek

Transcript

1. Building a Stellar World Unlock money and change the future for millions of women @EvaGantz, Community at Stellar.org
2. My story
3. = ?
4. Our perception of debt
5. In much of the world, debt = opportunity
6. A loan changed my life Student Loan Girl with a dream Exciting future
7. “I [want] to be a teacher!” Georgina Nashipai, 22 years old What if a loan could change hers?
8. 2 billion without access to credit
9. Can’t go to college Can’t buy a house Can’t start a business No credit history? Might as well be invisible
10. Why women?
11. 1. The truth about women and money 2. Structural barriers 3. Unlocking access 4. An overview of Stellar 5. Let’s unlock the future of money together How we can unlock money
12. Women are awesome with money
13. Women are more likely to Save Source: GSMA
14. Women are more likely to Repay Source: Gates Foundation
15. Women are more likely to Make equal decisions Source: Santa Clara University
16. Women are more likely to Invest in family Source: United Nations
17. 1. The truth about women and money 2. Structural barriers 3. Unlocking access 4. An overview of Stellar 5. Let’s unlock the future of money together How we can unlock money
18. Women are far less likely to have access to credit. Source: Liberty University
19. Source: Global Findex 20% less likely to have a formal account
20. 40% of small farms are run by women. But women get only 10% of the small loans Source: IFC
21. “Ginger Rogers did everything that Fred Astaire did. She just did it backwards and in high heels.” Pictured: women in the global economy
22. Women are dancing backwards and in high heels. They’re awesome with money despite systemic barriers. Pictured: women in the global economy
23. Need a male relative’s permission Source: World Bank Obstacles women face
24. No property Source: World Bank Obstacles women face
25. Limited mobility Sources: Saudi Journal of Medicine and Medical Sciences, The Guardian Obstacles women face
26. Legal identity Source: World Bank Obstacles women face
27. Education Obstacles women face
28. Source: World Health Organization Domestic/financial abuse Obstacles women face
29. Financial access Financial access
30. We can unlock access
31. 1. The truth about women and money 2. Structural barriers 3. Unlocking access 4. An overview of Stellar 5. Let’s unlock the future of money together How we can unlock money
32. Small loans (AKA microfinance)
33. A little history Dr. Mohammad Yunus Jed (Stellar cofounder)
34. Devi, 29: proud business owner
35. “When a woman owns a business, she’s kept in the decision-making circle of the family.”
36. 160 million served by microfinance Represents just 8% of the world’s 2 billion unbanked
37. 1. The truth about women and money 2. Structural barriers 3. Unlocking access 4. An overview of Stellar 5. Let’s unlock the future of money together How we can unlock money
38. Introducing Stellar
39. Stellar = scale
40. Oradian + Stellar Software for microfinance institutions (MFI’s)
41. Turn a 12 hour bus ride into less than 5 seconds.
42. The Stellar network itself can help female entrepreneurs succeed • 6 million transactions cost about $0.20 • Seamless international payments • Near-instant transactions
43. Low barrier to entry Images from Women’s World Banking
44. Partnering with other nonprofits lets us reach across the digital divide
45. 35% compared to 4% for Bitcoin Female users
46. How does Stellar actually work?
47. Stellar is a distributed, decentralized p2p network
48. The Network: servers on the Stellar network keep the system functioning and safe.
49. Gateways: entities that connect to the Stellar network.
50. Users & Services: developed at the local level.
51. What else can Stellar do?
52. Stellar unlocks potential
53. Stellar cofounder Joyce speaking at the UN Stellar unlocks cross-border payments
54. Stellar unlocks savings accounts
55. Stellar unlocks a network effect
56. A Stellar future • More access • Less poverty • Longer lives
57. 1. The truth about women and money 2. Structural barriers 3. Unlocking access 4. An overview of Stellar 5. Let’s unlock the future of money together How we can unlock money
58. Contribute code: start at stellar.org/developers
59. Build a Stellar app or service “Being one of the first to build on the Stellar network will one day feel like having been one of the first to figure out what to do with SMTP.” —Quinten Farmer
60. We can build the future of money. Where should we start?
61. Remittances A Stellar opportunity United States → India
62. A Stellar opportunity: remittance app from the United States to India Source: Pew Research, Compare Remit
63. A Stellar opportunity: remittance app from the United States to India Source: Pew Research, Compare Remit
64. A Stellar opportunity Mobile money
65. A Stellar opportunity: mobile money app Source: GSMA
66. A Stellar opportunity: mobile money app
67. Join our at slack.stellar.org
68. Attend a meetup (tomorrow!) www.meetup.com/Stellar-Developers-Space-Camp/
69. Let’s talk! eva@stellar.org
70. Let’s build a Stellar world
71. github.com/stellar Thanks for coming! Questions? slack.stellar.org @stellarorg