-
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.
- Categories
- Uncategorized
-
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.
- Categories
- Uncategorized
-
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.
- Categories
- Uncategorized
-
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
-
Kenya: Have an Unpaid Water Bill? Kiss Getting Loans Goodbye
If you fail to pay your water, electricity or telephone bills, you will find it very difficult to borrow money from any financial institution.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending
-
Can Islamic Finance Bridge Asia’s Infrastructure Deficit?
The global Islamic debt securities (sukuk) market has grown rapidly, from just US$15 billion in 2001 to US$281 billion in 2013. This increase has been led by Malaysia, which accounts for nearly 60 per cent of total outstanding sukuk.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
-
Opinion: How Aadhaar, India Post Can Transform India’s Finance
In an episode, Raghav Bahl discussed the idea of setting up a new payments bank which could be a joint venture between Aadhar and India Post.
- Categories
- Uncategorized
- Region
- South Asia
-
Jamaica Micro Financing Association Urges Microfinancers to Lend to SMEs
Chairman the Jamaica Micro Financing Association (JaMFA) Hurshel Cyrus has challenged his colleagues to increase funding to the micro, small and medium-sized (MSME) sector.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
- Tags
- lending, microfinance
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.