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Microfinance Clients In Groups Report Better Experience Than Individual Borrowers
These insights are from a preliminary look at the latest Microfinance Index (MFI), a survey of microfinance clients conducted by impact measurement company 60 Decibels.
- Categories
- Finance, Impact Assessment, Technology
- Region
- Global
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Auxilo Finserve Snags $57 Million From Tata PE Fund, Xponentia, Others
Founded in 2017, Auxilo Finserve provides loans to students for pursuing education in India or overseas.
- Region
- Asia Pacific
- Tags
- lending
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Report: 78% Of India’s Handmade MSMEs Struggle to Access Working Capital, Hindering Cultural Economy Growth
Fifty-five per cent of handmade and craft-based MSMEs do not have clarity on the various financial instruments available in the market and how to access them.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: GIZ and Seedstars Launch Joint Initiative to Boost Financial Inclusion and Innovation in Palestine
Although 60% of adults possess bank accounts in Palestine, a mere 10% utilize credit products, owing to limited financial literacy and inadequate financial offerings.
- Categories
- Finance
- Region
- North Africa & Near East
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Vietnam’s Gimo Raises $17.1 Million in Funding Led by TNB Aura to Fuel Expansion
GIMO, a Vietnam-based FinTech startup, has announced the completion of Series A funding round with total capital raise of up to $17.1 million.
- Categories
- Finance, Technology
- Region
- South Asia
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Why Domestic Solar Manufacturing Could Turbocharge Africa’s Energy Transition
Solar factories are beginning to spring up across Africa, helping create favorable conditions for growth and acceptance of the technology.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: BII and U.S. DFC Invest in SDG Blended Finance Initiative Led by UBS Optimus Foundation and Bridges Outcomes Partnerships
SDG Outcomes initiative has so far invested in three high impact educational and environmental programs in Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Chapa Partners with Telegram to Revolutionize Digital Payments in Ethiopia
This partnership brings a new level of ease and efficiency to the world of e-commerce, benefiting both businesses and consumers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa