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Home Economia

Women Receive More Credit From The Banks: A Financial Revolution in Mozambique?

Aurélio Muianga by Aurélio Muianga
January 16, 2025
in Economia, Género
Reading Time: 3 mins read
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Mozambique Misses Deadline to Get Off Fatf’s Grey List

Bank of Mozambique building. photo by O Pais

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– The growing use of financial services by women is shaping a more inclusive economy

– This transformation is contributing to gender equality, reducing the financial dependence of women, and helping prevent gender-based violence

By Aurélio Muianga

Maputo (MOZTIMES) – In 2023, Mozambican women achieved a historic landmark in access to bank credit. Of the 97.9 billion meticais granted in loans to individual clients, 34% went to women – a significant increase when compared with the 2022 figure of 27%. This change is a growth of seven percentage points (pp) in credit for women and a reduction of nine pp in credit for men over the same period.

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