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Tanzania: Better Credit Facility in Pipeline
MEMBERS of the public may soon start accessing credits on competitive terms, thanks to the Credit Reference Bureau (CRB), that commercial banks have embraced amid optimism that the data base will help to extend financial services to more people, a new study has shown.
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- Sub-Saharan Africa
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Developing Africa Through Effective, Socially Responsible Investing
VENTURES AFRICA – The SME space is seeing tremendous growth in Africa, with easier access to funds from financial institutions and government policies encouraging sector growth.
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- Sub-Saharan Africa
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Kenya’s mobile innovation brings digital money closer
Kenyan financial services heavyweight Equity Bank is planning to roll out mobile banking services in July, using innovative paper-thin SIM technology.
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- Sub-Saharan Africa
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Adarsh Credit Co-op Reaches India’s Rural Poor With Mobile Tech
Mobile phones are a key way to expand financial inclusion to rural areas across emerging markets, as M-Pesa has demonstrated in Kenya. In India, Adarsh Credit Co-operative Society reaches one million members through 800 branches and more than 100,000 financial advisors who travel through villages taking deposits or disbursing money by linking to the bank through their mobile phones.
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- South Asia
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Social Enterprise In Haiti Transforms The Lives Of Peanut Farmers
The Clinton Giustra Enterprise Partnership recently announced the launch of its latest social enterprise. Called Acceso Peanut Enterprise Corp., it’s aimed at the more than 12,000 small holder peanut farmers in Haiti.
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- Latin America
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Weekly Roundup – 7/4/14: Finding best buys in global health, and not falling in love with ideas
The Medical Credit Fund recently won OPIC’s Access to Finance award, for figuring out ways to give loans to small rural health clinics in Tanzania, Ghana, Kenya and Nigeria. The kicker: The fund has given loans to more than 500 health care providers and its repayment rate is 97.3 percent.
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Kenya, Uganda, Rwanda working on cross border mobile money platform
East Africa will soon have a common mobile money platform that will enable users to send money from one country to another without any difficulty under exchange rates approved by central banks.
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- Uncategorized
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- Sub-Saharan Africa
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Impact investing: What’s in it for your nonprofit?
Are you a nongovernmental organization wondering how to benefit from impact investors?
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