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It’s Time to Match Tools with Our Understanding of Consumers and Financial Inclusion
Established in 2015 as a resource centre to help find new ways to use data to assist the financial inclusion community, insight2impact recently released its "i2i Measurement Framework Note series." The document introduces a new theory and set of measurement frameworks designed to help stakeholders achieve their good intentions and is underpinned by three key insights.
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- Uncategorized
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Seeking the Anti-Poverty Holy Grail: Can a ‘Trust Mark’ Boost Microfinance’s Social Impact?
In an effort to find which microfinance practitioners are most successfully alleviating poverty, Truelift – with the help of other microfinance rating agencies and technical experts – designed an assessment tool and beta-tested it on nine institutions around the world. The result, essentially, is a global “trust mark” for anti-poverty action. Organizers are looking for opportunities to use the tool to support assessment of a variety of service providers.
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Development Engineering: Scaling Tech Solutions from Ideation, to Pilot … to the World?
Scaling technologies that promote economic development is challenging. That's why UC Berkeley established the Development Impact Lab. Natasha Beale, the lab's manager, discusses the concept of "development engineering" and gives examples to illustrate that large-scale impact is indeed possible with the right mix of targeted funding, technological innovation and rigorous field work.
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- Education, Technology, Telecommunications
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The Other Capital in Impact Investing: Why Human Capital May Matter More than Money, and What Investors Can Do About It
Money is not enough for impact businesses to succeed, according to Paul Breloff of Shortlist; they need an answer to their human capital challenges to unlock their world-changing potential. Here he discusses why human capital matters, why it's being under-supported by impact investors and what it will take for more investors to see it for what it is – an area of great opportunity.
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- Investing, Social Enterprise
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Inclusive Fintech: Four Lessons for Optimizing Customer and Tech Journeys
Catalyst Fund – a unique accelerator model that provides direct and tailored technical assistance to complement a startup’s skill sets – spent the past year working directly with early-stage fintech businesses in emerging markets. Here are some of the lessons they gathered, both on the tech side and the customer side. A key takeaway: Trust is slowly built but easily destroyed.
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- Finance, Technology
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Announcing NextBillion Financial Health: New Partnership with MetLife Foundation Reflects the Evolution of Financial Inclusion
NextBillion is officially re-launching our Financial Innovation site with a new name and partner. The site will now be called Financial Health, and it’s being sponsored by MetLife Foundation. The Foundation shares our concept of how the new NextBillion Financial Health site can best serve our readers: By providing a platform for sharing insights, data, and analysis through articles that ask the big question of what works – and what doesn't – in the movement to help more people use financial services to improve the quality of their lives.
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Financial Inclusion Takes the Next Step: An Interview with MetLife Foundation President Dennis White
As NextBillion launches our new Financial Health site under the sponsorship of MetLife Foundation, we touched base with its president and CEO, Dennis White. In this wide-ranging interview, White discusses the evolution of the financial inclusion movement, and the work the foundation is doing to advance it – including its grant-making and investing approach, its ongoing challenges, and what it has learned from both success and failure, among other issues.
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- Finance
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How ‘Designing Under the Mango Tree’ Can Prevent Digital Solution Hiccups
Like an off-road vehicle, when you build a digital solution, you want to build with the most challenging environments in mind. Why? So the digital solution can scale with fewer hiccups, as it grows outward. Mobile services company Dimagi calls it “designing under the mango tree,” and it requires working in partnership with a variety of end users. It's hard work, Kathryn M. Clifton writes, but worth it.
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- Social Enterprise, Technology
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- data, partnerships, product design










