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New-concept flood insurance could help Bangladesh’s poor
A new insurance scheme in which pre-determined flood thresholds trigger speedy compensation offers hope for poor people in flood-prone Bangladesh, experts say.
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The Newest Player in Mobile Money Is a Bakery
This morning the World Bank hosted a panel on mobile money, the set of phone-based technologies that could bring basic financial services to the world’s poorest people. The surprise panelist was Hortensia Contreras Torres, who runs electronic services for Mexico’s Grupo Bimbo, one of the largest baking companies in the world.
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Tigo partners with 17 banks on cash transfers
TIGO has partnered with 17 major banks in Tanzania to enable its clients send and receive money through transactions between the banks and Tigo Pesa.
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Value lending for MFIs to reduce risk
Tara Thiagarajan, chairman & MD of non-banking finance company-micro finance institution (NBFC-MFI) Madura Microfinance, is trying out a unique experiment.
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Airtel Money, VIVO Energy Sign Pact to Strengthen Cooperation in 15 African Markets
Vivo Energy, a Shell licensee in 15 African markets, and Airtel Money today announced a collaborative Pan-African agreement to strengthen both companies’ footprints in providing services to their growing customer base.
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- Region
- Sub-Saharan Africa
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- mobile finance
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Indian Social Entrepreneurs Battle Bureaucracy, Need Help to Expand
Social entrepreneurship in India has seen exponential growth over the last decade, with an increasing number of skilled men and women starting up businesses which provide out-of-the-box ways of improving the lives of the country's 400 million poor.
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- governance, scale
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Mobile money is transforming financial access in Tanzania
Tanzania had envisioned through the National Financial Inclusion Framework of 2011 to have 50 per cent of the adult population having access to financial services by 2016, but it has so far managed to surpass the target, according to a recently released FinScope Tanzania 2013 report.
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Cashing in: why mobile banking is good for people and profit
Using digital finance to tackle development problems can improves lives, and offer innovative companies handsome rewards.
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