Cecile uns a makeshift grocery in the streets of Bè-Ablogamér
Cecile Dosseh, 60, runs a makeshift grocery in the streets of Bè-Ablogamé, a rundown neighborhood in the port district of Lomé, the capital of Togo. The local children love her candy, but times are hard. Cécile is a member of the Délali Association, in which some 30 women come together to back each other up, make their voices heard, and help their small, home-grown businesses thrive. Some, however, such as Cecile, still have a hard time making ends meet.
The global rate of informal firms is high, especially for those that are women-owned and in the poorest countries. Informal firms lack legal rights and are unable to access formal sources of credit among other issues. In Malawi, researchers found that combining business registration with an information session at a bank including the offer of a business bank account was effective in improving women’s access to financial services, in addition to getting their businesses registered. Photo: © Stephan Gladieu / World Bank