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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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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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Brazil’s Black Silicon Valley Could Be an Epicenter of Innovation in Latin America
Salvador (Bahia’s capital) is the natural birthplace of Brazil’s Black Silicon Valley, which largely centers around a local ecosystem hub, Vale do Dendê.
- Categories
- Technology
- Region
- Latin America
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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
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Viewpoint: Covid-19: Europeans Can Learn From Developing Countries
When looking at successful strategies, it is the experiences of other developed nations – like Germany and New Zealand – that are predominantly cited by journalists and politicians. There is an apparent unwillingness to learn from developing countries – a blind spot that fails to recognise that “their” local knowledge can be just as relevant to “our” developed world problems.
- Categories
- Coronavirus, Health Care, Technology
- Region
- Sub-Saharan Africa
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Analysis: Deutsche Bank: Is Egypt the New Darling of Emerging Markets?
The Egyptian economy is among the very few emerging markets (EMs) that is growing, and would continue to grow next year despite the novel coronavirus (COVID-19) pandemic shock, according to a new report released by Deutsche Bank.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Analysis: How Indian Companies Are Using Technology To Reach New Consumers
The majority of Indians don’t have access to indoor plumbing or electricity; many rural citizens, in particular, don’t have access to high-quality health care and school — but digital technologies have the potential to address many of those challenges.
- Categories
- Technology
- Region
- Asia Pacific
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Press Release: DFC Announces New Global Development Strategy To Catalyze $75 Billion by 2025
DFC aims to maximize global development impact and deploy new technologies, while continuing to support the response to the COVID-19 pandemic.
- Categories
- Energy, Finance, Investing, Technology, WASH
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