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Other Countries Like US, Russia May Soon Follow the Model of India’s Financial Inclusion Drive
The Pradhan Mantri Jan Dhan Yojana programme, the drive launched by Prime Minister Narendra Modi to ensure at least one member in every household in the country had a bank account, could soon emerge as a worldwide template for achieving rapid financial inclusion.
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- Uncategorized
- Region
- South Asia
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Press Release: OPIC to Launch Call for Global Development Investment Funds Proposals
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today announced its 2015 Global Engagement Call for Proposals from fund managers seeking OPIC financing for private equity investment funds.
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- impact investing
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Press Release: Accion, FMO and Triodos Investment Management Form Consortium to Strengthen Financial Inclusion in Myanmar
Financial inclusion pioneer Accion, the Dutch development bank FMO, and Triodos Investment Management today announced their plans to invest in and expand Dawn Microfinance, one of the earliest microfinance institutions (MFIs) established in the Republic of Myanmar. The $6.85 million investment is intended to establish the newly incorporated MFI as a premier institution that can serve as a model for the country’s nascent microfinance industry and influence the development of the sector.
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- Region
- South Asia
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IFC Invests in Cambodia’s PRASAC Microfinance Institution Ltd. to Expand Lending for Micro and Smaller Businesses
IFC, a member of the World Bank Group, has provided a loan of up to $10 million to PRASAC Microfinance Institution Ltd., Cambodia’s largest organization of its kind, to increase lending to micro, small and medium enterprises in the rural and agricultural sectors.
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- Uncategorized
- Region
- South Asia
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What Latin America Will Look Like in 2020
Leaders from some of the most innovative companies in Latin America offer their predictions on what the future of the region holds.
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- Uncategorized
- Region
- Latin America
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NexThought Monday: Is Faster Necessarily Better?: As India’s financial inclusion initiatives race forward, questions linger about its microfinance-focused MUDRA
The pace of recent financial inclusion initiatives in India has been supersonic. Since August of last year, banks have opened 147 million new accounts, thanks largely to government programs. But while this progress is exciting, there are a number of unanswered questions about the real impact of these initiatives, including the new microfinance refinancer/regulator MUDRA.
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- Uncategorized
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Africa Trumps World Giants in Payment Tech
Africa is ahead of the US in terms of the rate of payments innovation, while Europe is lagging way behind.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Interview: Infonavit CEO, on Reshaping Mexico’s Mortgage Market
Mexico is transforming its urban housing policy, and with the help of key names such as Infonavit and its CEO Alejandro Murat Hinojosa, the country is seeking to implement more sustainable solutions.
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- Uncategorized
- Region
- Latin America
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