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Tablets + Smartphones = Easier Microloans?: New Accion case study explores use of digital field applications by microfinance banks
Providing micro financial services often involves manual processes which limit the potential for scaling up and expose clients to poor service, errors and fraud. That's why many microfinance banks are increasing the use of tablets, smartphones and other digital tools among loan officers and other staff. Accion has published a case study aiming to provide some clarity on the impact of these devices.
- Categories
- Education, Technology, Telecommunications
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The Risks of Government-Led Financial Inclusion: Why agent networks in India need to move beyond government mandates
Over the years, the government of India has facilitated financial access by promoting account opening through various programs. And, at first glance, some of the numbers associated with the government's inclusion mandates look good. But a more detailed look reveals a bleak picture that includes high agent attrition and low account activity rates.
- Categories
- Impact Assessment
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Weekly Roundup 9-11-15: Accelerators for VCs, Ugandan-made EVs and other rare ‘unicorns’ of global development spotted
This week's developments featured a novel tool to help fix the lack of local venture capital and investment expertise in social enterprises, a new era for M-PESA, a new health care alliance and hybrid car in Africa, and a fascinating debate about what type of entity might become the continent’s first unicorn.
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- Health Care, Social Enterprise
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Rising Star or Red Flag?: South Africa’s financial inclusion growth raises questions for the entire industry
South Africa placed second in a recent Brookings Institute study comparing financial inclusion in 21 developing countries – surpassed only by Kenya. But though this has led to celebration in some quarters, there’s a troubling aspect to these findings. Illana Melzer argues that the risks of burgeoning financial access and usage are too significant for beneficiaries, development organizations and donors to ignore.
- Categories
- Education, Impact Assessment
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A New Wave of Capacity Building: Enabling private investment in the university education of students in developing countries
Human capital is a nation’s most critical capacity, yet many students in developing countries can't afford a higher education. And neither scholarships and financial aid nor bank loans are sufficient to meet the level of need. Brighter Investment enables private investors to fund the university education of students in the developing world, in exchange for a fixed percentage of their future income - its co-founder discusses their unique model.
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- Education, Impact Assessment
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NexThought Monday – How We Can Improve Ultra-Poor ‘Graduation’: The next generation of innovations required to end the most extreme poverty
There is no great innovation without skepticism, much less in the tireless crusade against global poverty. So it's no surprise that as the ultra-poor ‘graduation’ approach pioneered by BRAC has gained ground as a viable path out of extreme poverty, questions have emerged about its effectiveness and possible next steps.
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- Impact Assessment
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Three Pillars for Measuring Impact in Inclusive Financial Services: Apis Partners and Accion Frontier Investments Group publish a framework for impact investors
In seeking to ensure a social as well as financial return on their investments in inclusive financial services, Apis Partners and Accion Frontier Investments Group created a framework to capture these services' unique aspects of impact. This gave rise to three core categories which they believe any fund manager investing in inclusive financial services can use to measure impact.
- Categories
- Impact Assessment
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No Cardiac Clinic? No Problem: Handheld electrocardiogram monitor designed to provide distant, affordable heart care
Makers of Cardiotrack, a handheld ECG monitor, say it's easy to use, provides clinical grade output and performs predictive diagnosis to start intervention immediately, thus reducing the need for invasive intervention. Best of all, they say, is that it saves cardiologists’ time.
- Categories
- Health Care, Technology
