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Mastercard Foundation and ICCO Cooperation Partner To Strengthen the Resilience of 80,000 Farmers in Senegal
ICCO Cooperation and the Mastercard Foundation have joined forces to support smallholder farmers in Senegal who were left reeling from the impact of COVID-19. The COVID-19 Recovery and Resilience Agrifinance Project (CORRAP), co-created with Senegalese producers, aims to support smallholders to recover from the pandemic and emerge stronger and more resilient to future crises and shocks.
- Categories
- Agriculture, Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Bigger Sometimes Is Better When It Comes To Farm Size
According to the Food and Agriculture Organization of the United Nations (FAO), about 90 percent of the world's 570 million farms are small and most are found in the rural areas of the developing world, but they produce food for a substantial proportion of the world's population. Many small farmers take on other economic activities to add to their small incomes.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Catalyst Fund, Mastercard Foundation, MEST Launch $4.3 Million Inclusive Digital Commerce Accelerator in Ghana
Catalyst Fund has partnered the Mastercard Foundation and MEST to launch its Inclusive Digital Accelerator programme in Ghana, the first expansion of its flagship inclusive fintech programme.
- Region
- Sub-Saharan Africa
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‘Our Only Competition Is Poverty’: How Avanti Finance Aims To Create a ‘Population-Scale’ Digital Microfinance Platform in India
India has long been a hotbed of digital financial innovation. Avanti Finance is an emerging innovator in the sector, with a digital lending platform that aims to bring affordable microfinance to even the poorest customers. NextBillion spoke with CEO Rahul Gupta to discuss Avanti’s unique model, and the challenges of serving low-income customers both efficiently and responsibly.
- Categories
- Finance, Technology
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‘India’s Impact Enterprises Face Issues Accessing Debt’
A report by IIC analysed the balance sheets of 422 leading impact enterprises to gauge their creditworthiness and estimate the gap between their current debt and their potential to absorb more
- Region
- Asia Pacific
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How COVID-19 Is Affecting Microfinance
Specifically, lower-income groups in developing countries and emerging economies face not only the prospect of abject poverty in many cases but also the likelihood that their financial systems may not be sufficiently robust to help them through these dark times.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Addressing the Weak Link in COVID-19 Relief: How Improving Strategic Communications Can Boost the Impact of Social Protection Programs
In response to COVID-19, 212 countries have planned or implemented more than 1,100 social protection programs to help over 1.8 billion people. But as Arshi Aadil and Abhishek Jain at MicroSave (MSC) point out, many intended recipients don’t know about the benefits they're eligible for, or how to access these funds. They explore how governments and program administrators can improve their communication and outreach.
- Categories
- Coronavirus, Finance, Impact Assessment
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Cameroon’s Plan To Make Users Pay Import Duties on Mobile Devices Has Sparked Outrage
A new automated system for the collection of customs duties and taxes on imported phones and other electronic devices in Cameroon is not being welcomed.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa