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Invest in Visions Mikrofinanzfonds Lends $36 Million To Indian MFIs Asirvad Microfinance, Sonata Finance
Both microfinance institutions serve low-income female customers in India, and as of June 2020, they intend to use the IIV funds to disburse microloans to their client base in order to encourage business expansion and entrepreneurship.
- Region
- Asia Pacific
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Maintaining a Critical Link To Last-Mile Customers: Challenges and Opportunities Facing Financial Service Agents During COVID-19
Agents are a critical last-mile link to financial services for lower-income households and micro- and small enterprises. But as the COVID-19 crisis has spread globally, it has had a profound effect on how agents operate, introducing new restrictions – and new responsibilities. Nisha Singh and James Robinson at Itad explore the findings from a recent report that highlights key strategies for building and managing high-performing agent networks despite the challenges of the pandemic.
- Categories
- Coronavirus, Finance, Technology
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Analysis: Digital Technology Is Stimulating Financial Inclusion in Sub-Saharan Africa
The widespread usage of digital technology in sub-Saharan Africa (SSA) is an essential phenomenon that fosters productivity in the digital economy and integrates markets in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Impact of COVID19 on International Development Assistance System
The COVID-19 pandemic crisis has hit many developing countries hard and threatens the realisation of the UN Sustainable Development Goals (SDGs).
- Categories
- Coronavirus, Finance, Impact Assessment
- Tags
- poverty alleviation, SDGs
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Report: Somalis Using Mobile Money More, but Sending Smaller Amounts During COVID-19
Somalis are using mobile money services more but sending smaller amounts of money, according to the country's biggest mobile operator, Hormuud Telecom.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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COVID-19: Burden or Boon for Financial Inclusion?
When the Alliance for Financial Inclusion outlined its “Five Key Financial Inclusion Policy Trends for 2020” on January 17 of this year, the spread of the novel coronavirus was still in its infancy. Now that COVID-19 has wreaked havoc on the global economy, Robin Newnham at the Alliance for Financial Inclusion revisits those trends, viewing them through the prism of the pandemic – and finding both new risks, and new opportunities.
- Categories
- Coronavirus, Finance
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Walmart Foundation Announces Two New Grants To Help Smallholder Farmers in India
Both grantees will focus on increasing opportunities for women farmers via farmer producer organizations (FPOs).
- Categories
- Agriculture, Finance, Investing
- Region
- Asia Pacific
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Whatsapp Partners With Common Services Centers for a Digital Literacy Service Chatbot
The government describes CSC as a 'strategic cornerstone' of the National e-Governance Plan (NeGP), approved by the government in May 2006, as part of its commitment in the National Common Minimum Programme to introduce e-governance on a massive scale.
- Categories
- Finance, Technology
- Region
- Asia Pacific