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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
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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
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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
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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
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Nigeria’s First Commercial Contactless Payment Solution Deployed
Teasy Mobile Money has announced the successful deployment of Nigeria’s first commercial near field communication (NFC) contactless payments solution.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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SMEs in Developing World Need More Than $2 Trillion, Says International Finance Corporation
The International Finance Corporation (IFC), the private sector arm of the World Bank Group has estimated this financial needs of small and medium scale enterprises in Africa and other developing countries.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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The Great Equalizer: How advances in “big data” allow tech-savvy start-ups to compete with the major players in East Africa
Thanks to the availability of fast, inexpensive data, start-ups with technology-enabled models can create scaled products and innovate much faster, smarter, and more cheaply than incumbent institutions. Accion Venture Lab’s Nate Gonzalez discusses why this is particularly relevant to the SME lending space in East Africa.
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- Uncategorized
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OPINION: Why Giving Cash Helps Alleviate Poverty
Every year, wealthy countries spend billions of dollars to help the world’s poor, paying for cows, goats, seeds, beans, textbooks, business training, microloans, and much more. Such aid is designed to give poor people things they can’t afford or the tools and skills to earn more. Much of this aid undoubtedly works. But even when assistance programs accomplish things, they often do so in a tremendously expensive and inefficient way.
- Categories
- Uncategorized
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