Estelle Lahaye

Senior Financial Sector Specialist

Estelle Lahaye leads CGAP’s work to contribute to enhancing practices of impact investors with measuring and managing impact for inclusive finance. She has more than 15 years’ experience in development finance and financial inclusion having previously led CGAP’s work with donors and investors to co-create knowledge, provide guidance, and advocate for effective financial inclusion, and led CGAP’s experimentation and research activities on digital financial services in the West African Economic and Monetary Union.

Before joining CGAP, Estelle worked as a private banker in Luxembourg at Banco Itaú Europa, the international private banking division of Banco Itaú, Brazil.

Estelle has a Master’s degree in Business from San Francisco State University and an undergraduate degree in banking, finance, and insurance from the University of Nancy 2 in France. She is based in Paris and fluent in French and Portuguese.

By Estelle Lahaye


Shaping the Future of Impact Investing in Inclusive Finance

Impact investors have an opportunity to bolster inclusive finance by adopting an outcome-oriented strategy for impact measurement and management. This allocates resources towards investments that offer significant and influential results.

Four Ways to Integrate Gender in Financial Inclusion Investments

How can impact investors integrate gender throughout the investment cycle to improve women’s financial inclusion and contribute to WEE and gender equality? We highlight four emerging practices investors can use.

Setting Up Funders to Advance Inclusive Finance: 5 Recommendations

Development funders play a key role in advancing inclusive finance – they influence the dynamics of financial systems and transform the way they work to serve people living in poverty. Here, we share five actions funders can take to drive change.

Five Opportunities for Funding Transparency in Financial Inclusion

Transparency around funding for financial inclusion is critical to effective funder decision-making and coordination, and broader impact. Drawing on findings from our latest Funder Survey, we share five opportunities to improve transparency.

5 Ways Gender Lens Investors Can Deepen Impact on Financial Inclusion

Gender lens investing is becoming a more popular way to invest in financial inclusion. Here are five ways funders can set themselves up for success and use this approach for greater impact.