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Mobile Money for the Unbanked
Mobile money and virtual currencies for cross border remittances: opportunity or risk?
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- Uncategorized
- Region
- Sub-Saharan Africa
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Financial Inclusion Gets to Lagos Slum
Sterling Bank’s recent extension of its financial services, through the agent banking model to Makoko, a slum area in Lagos, has attracted a lot of attention.
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- Uncategorized
- Region
- Sub-Saharan Africa
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In the Pacific, banks go branchless to reach the unbanked
Branchless banking, mobile banking, mobile “wallets”, innovations in financial services are seeing thousands of poor and low-income people use their mobile phones to enter the financial system for the first time; to open accounts, get paid, save money and begin to move out of poverty.
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- Uncategorized
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In Nigeria, Accion disburses N22 billion in loans
Accion Microfinance Bank Limited has announced that the total amount of loans disbursed to customers since 2007 when it commenced operations currently stood at N21.7 billion.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Microlender Kiva gets $3M grant from Google; Aims to tackle microfinance 2.0
Late last week Google’s philanthropic arm announced it had chosen to give online microlender Kiva a Global Impact Award, which comes with a grant of $3 million.
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- Uncategorized
- Tags
- crowdfunding, microfinance
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NexThought Monday 12/16/13: Is India looking at financial inclusion backwards?
Despite the huge potential of solutions like mobile finance and branchless banking, the growth of these services in India has been slow and patchy. But the country’s mobile banking agenda has been driven largely by government-to-person social welfare payments, compelling service providers to start with the toughest market sub-segment – poor rural households. Should India invert its approach and target business segments first?
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- Uncategorized
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Taking a businesslike approach to social woes
'The Solution Revolution' shows how entrepreneurs and organizations are taking on intractable social problems.
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- Uncategorized
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What to consider when setting up a social enterprise in Singapore
A social enterprise focuses on championing a good cause, such as helping the poor or promoting animal welfare. It also aims to be a profitable business, where surplus revenues are ploughed back into growing the company and expanding its activities.
- Categories
- Uncategorized
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