Ladybag is a financial product tailored for women enabling them save for retirement as well as provide the last expense cover to them and their loved ones.
Since the life courses of women are different from those of men, financial systems often have different outcomes for women and men.
Gender inequalities in the labour market and the unequal distribution of paid and unpaid work in the family mean that women tend to have lower pension coverage, lower benefits and greater vulnerability in old age.
Additionally, women’s labour market patterns have changed substantially over the past half century and so have the family arrangements on which many pension systems have traditionally relied.
Ladybag therefore bundles financial training solutions with comprehensive welfare packages; ideal for women engaged in enterprise or organized in saving groups and/or chamas.