MFWW Podcast Ep. 23: Mary Had a Little Loan: A Mother’s Day Reflection скачать в хорошем качестве

MFWW Podcast Ep. 23: Mary Had a Little Loan: A Mother’s Day Reflection

In honor of Mother’s Day, we’re taking a closer ​look at the​​ ​​role of credit access in unlocking economic mobility for women. ​Women contribute an estimated​​ $8 trillion USD of global GDP through unpaid labor—nearly three times more than men—yet they still face a staggering $1.7 trillion gap in access to credit. In this episode, we speak with Lucia Villar, SVP of Product Management at PayJoy, about this gap. PayJoy is turning mobile phones into credit lifelines, using them as collateral to expand credit access. We’ll explore how PayJoy designs its pricing strategies to balance social good with sustainable business operations, why transparent pricing and a no-interest penalty model is good for business; and the ripple effects of digital credit on labor force participation and household resilience. As we celebrate mothers around the world, this conversation challenges us to rethink who gets access to financial tools—and why it matters. Read PayJoy’s recent research, “Unlocking Economic Mobility”: https://www.payjoy.com/blog/unlocking... Guest: Lucia Villar, SVP of Product Management, PayJoy Lucia Villar is a seasoned financial services and fintech leader with deep expertise in financial inclusion and consumer credit. She joins PayJoy from JP Morgan Chase, where she served as General Manager of Alternative Lending and led digital transformation initiatives in Home Lending. Before her time at Chase, Lucia focused on impact investing at Community Investment Management (CIM), where she led investments in education and small-dollar credit. She also led the personal loans division at Earnest (acq. NAVI) and advised financial institutions as a consultant in McKinsey’s Financial Institutions Group. She began her career in microfinance, working with ACCION International and Citi Foundation. Lucia holds a B.A. from Tufts University and an MBA from Columbia Business School. Host: Dr. Sonja Kelly, Global Head, Women’s World Banking Institute Sonja is the global lead for Women’s World Banking research and learning. Through research on the financial sector, policy trends, financial services providers, and end users, Sonja and her team advocate for women’s financial inclusion. Before joining Women’s World Banking, she advised the U.S. Department of State on strategy for U.S. Embassy engagement in digital finance around the world. She has served as the director of research at the Center for Financial Inclusion at Accion, has held consulting roles at the World Bank and the Consultative Group to Assist the Poor (CGAP), and has worked in microfinance at Opportunity International. Sonja holds a Ph.D. in International Relations from American University where she researched financial inclusion policy and regulation.