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Microfinance’s macro potential
Microfinance is, at its heart, an effort to provide financial services to people who are not served – or are under-served – by the formal banking system. With appropriate, accessible, and fairly priced financial services, people can build their savings, cover the costs of unexpected emergencies, and invest in their families’ health, housing, and education.
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Unitus Seed Fund India Receives SEBI Approval for Impact Investing
Ravi Venkatesan joins as Venture Partner; Atul Bindal joins investment committee.
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Bon Voyage, Bitcoin: Digital Currency Companies Leave the U.S.
After clashing with regulators and being blacklisted by many banks and credit unions, many emerging-payments companies are seeking a warmer welcome outside the U.S.
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- digital payments
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Crowdfunding and Climate Innovation: The Next Steps are in Funding Impact Investing
The future of Impact Investing and Crowdfunding was on display in Nairobi, Kenya last week.
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- Sub-Saharan Africa
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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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- 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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- 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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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
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- Sub-Saharan Africa
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- microfinance
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