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d.light Harnesses $125 Million to Boost Off-Grid Solar Solutions in Tanzania
d.light champions the mission of providing affordable solar-powered household commodities.
- Categories
- Energy, Finance, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Report: New Research from Financial Health Network Shows 90% of Working-Age People with Disabilities are Not Financially Healthy
Report also finds that 93% of people with disabilities are unfamiliar with ABLE Accounts, the primary tool offered by the government for building and maintaining assets without losing public benefits.
- Categories
- Finance, Technology
- Region
- North America
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Viewpoint: What Happened to the Microfinance Organization Kiva?
A group of strikers argue that the organization seems more focused on making money than creating change. Are they right?
- Categories
- Finance
- Region
- Global
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Yunus Was Wrong — Savings, Not Credit, is a Human Right: Here’s How the Financial Inclusion Sector Can Shift its Focus
After playing a key role in the early development of the microfinance sector, Jeffrey Ashe went to Bosnia in the mid-1990s to consult on a new microfinance project. In those days, microcredit was widely viewed as a silver bullet that could end poverty, but while working in Bosnia, he learned that informal savings groups were already providing an effective alternative to formal loans in the local community. Ashe has spent the subsequent decades studying and supporting savings groups in countries around the world. He shares research that illuminates these groups' vast global impact, and argues that they could achieve far more if the financial inclusion sector supported them.
- Categories
- Finance
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Analysis: Africa Needs Its Own Credit Rating Agency: Here’s How It Could Work
A recent study by the UN showed that subjective biases in credit ratings had cost African countries a combined US$74.5 billion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- credit scoring
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Press Release: IFC’s Base of the Pyramid Platform Provides $1 Billion to Expand Access to Finance for Small Businesses
Projects under the BOP platform are expected to help client financial institutions grow their loan portfolios from 5.5 million to 7.9 million loans to MSMEs.
- Categories
- Finance
- Region
- Global
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Kenya’s Lipa Later Partners with Mastercard to Drive Buy Now, Pay Later Solutions in Africa
The strategic partnership with Mastercard aims to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and enhanced payment capabilities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India supports African Development Bank’s Digital Financial Inclusion Drive in Africa with $2 Million Donation
The financial commitment for digital public infrastructure will leverage the lives of millions of unbanked and underserved Africans.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa