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How Zidisha Sidestepped Banks and Took Microfinancing Peer-to-Peer
Microfinancing platform Zidisha is changing the way microlending works. By cutting out the middle man, they have drastically reduced interest rates for borrowers in the developing world.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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Frustration Rises Over Crowdfunding Rules
Critics Say Two-Year-Old JOBS Act, Intended to Help Entrepreneurs Attract Investments, Requires Major Revisions
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- Uncategorized
- Tags
- crowdfunding, governance
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Bottom of the Pyramid Business Strategy in Nigeria
The BOP concept champions new thinking and new ways of doing business in the world’s poor markets.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Shifting Tracks From Cash to Mobile Money: The development sector is transitioning, but many internal and external obstacles remain
While some development organizations have successfully integrated mobile money into their processes, others face operational and technical challenges in making this transition. As mobile money becomes more ubiquitous globally, how can development stakeholders best tap into these networks to achieve their goal of poverty alleviation?
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- Uncategorized
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Pathway to Greater Financial Inclusion in Nigeria
Obinna Chima reckons that the planned registration of Bank Verification Numbers for customers from May will strengthen the country’s drive for financial inclusion.
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- Uncategorized
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Microcredit Impact Revisited
A few years ago, a storm was raging in the microcredit world. Nobel laureate Muhammad Yunus, a pioneer of the idea behind giving small working capital loans to groups of mainly poor women based on social collateral, had promised that microcredit would end poverty and "put it in the museums." But in an influential 2010 study, a group of researchers who spearheaded the concept of randomized-controlled trials (RCTs) in development economics, found no evidence that microcredit was making poverty history.
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- Uncategorized
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9 telecoms announce interoperable mobile money
Mobile money services have gained momentum with 9 telecoms — Airtel, Etisalat, Millicom, MTN, Ooredoo, Orange, STC, Vodafone, Zain – decided to accelerate the implementation of interoperable services across Africa and the Middle East.
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- Uncategorized
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38% of payments made in Swaziland are through mobile money
The Centre for Financial Regulation (CENFRI) states that MM was one of the many market payments available in the country together with eWallet, credit electronic fund transfer (EFT), debit EFT, Point of Sale (POS), paper based to name but a few.
- Categories
- Uncategorized
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