From Kenya to Honduras, blockchain technology is opening up new avenues for women’s financial empowerment. Check out these inspiring projects.
Does tokenization help women to access credit?How does Propy empower realtors with blockchain?Does blockchain create career avenues for women in India?Access to high-end smartphones and fast internet is not a reality in many villages across Africa.off-ramp from crypto
Interestingly, one of its pilot programs served a 97% female population, enabling them to receive a universal basic income of $1 a day. Per Kotani Pay, some of these women went on to spend these funds to set up small vegetable gardens or run small businesses to supplement their household incomes.
Project LEAF, supported by UNICEF, supports borderless international transactions on a regular phone. Many of its users are refugee women and their families from the Democratic Republic of the Congo who are now able to receive funds from families residing in other countries.Tokenization on the blockchain helps turn things like a house, an antique or even a farm into digital assets. This has opened new avenues for monetization in Kenyan villages.
One of Rwanda’s most significant export products is coffee, which is extensively sold in Germany. Despite this, small plantation-holder families frequently struggle to make a livelihood from their coffee farming because of low yields, their inability to get a desired market price, or their inability to manage production costs. Female farmers also work extensively on these coffee plantations and are often underpaid.
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