RISE and the Mastercard Center for Inclusive Growth have been working together since 2018 to promote financial health in global garment and footwear supply chains.

Since 2025, we have worked closely in Guatemala and Indonesia with global brands, buyers, suppliers,
and financial service providers, alongside local partners FUNDATED and MICRA Indonesia, to implement RISE Financial Health and strengthen workers' financial well-being.

Through the program, employers receive support and guidance on promoting financial health across their workforce, including collaborating with financial service providers to identify suitable products and services to promote in the workplace. Workers receive gender-responsive training that covers both the technical use of their payroll accounts and related financial services, as well as practical skills in financial
planning, budgeting, savings, and discussing finances with their families, in order to build their financial health and resilience. Financial service providers receive insights into this market segment.

The reports below include recommendations for global brands and buyers, financial service providers, and other key stakeholders to support this scale-up in a way that can lead to improved financial health for women and men workers across the industry in Guatemala and Indonesia. 

Guatemala

This report sets out the results of a RISE initiative to promote financial health in the workplace at four factories in the Escuintla and Sacatepequez regions of Guatemala with over 2,385 workers (51% women).

The benefits are clear:

  • Increased use of a range of financial products and services: 73% of workers are making transactions on their mobile device, up from 34%
  • Increased confidence to manage everyday expenses: 82% of women are confident to manage expected expenses, up from 73%
  • Increased financial resilience: 53% of workers are saving regularly, up from 40% 
  • Increased ability to make and act on economic decisions: 15% of workers are making financial decisions with their families, up from 6% 
  • Improved manager-worker communications: An increase of nine percentage points in women rating their relationship with management as positive

Indonesia

This report sets out the results of a RISE initiative to promote financial health in the workplace at 10 garment and footwear factories across Java, with 29,922 workers (82% women).

The program benefits are clear:

  • Increased use of financial products and services:  76% of workers are making two or more different types of digital payments, up from 61%
  • Increased confidence to manage everyday expenses: 77% of workers are confident to manage expected expenses, up from 67%
  • Increased financial resilience: 83% of workers are saving regularly, up from 69%
  • Increased ability to make and act on economic decisions: 52% of women are making saving decisions with their family, up from 39%
  • Improved manager–worker communications: 75% of managers rate their relationship with their workforce as ‘very positive’, up from 54%
  • Financial Health Financial Health
  • Indonesia
  • Guatemala