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Success at Scale: How CARD Bank activated 480,000 poor savers in the Philippines
Grameen Foundation recently completed an innovative 4-year project with CARD Bank in the Philippines. Their goal: to provide access to secure, accessible and convenient savings accounts targeted to the poor. Julie Peachey describes how Grameen helped the bank open 480,000 new active savings accounts and create the infrastructure for implementation of mobile financial services, while helping its partner ensure sustainability.
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- Uncategorized
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Social enterprise incubator Villgro invests in three startups
Social enterprise incubator Villgro has invested an undisclosed amount in three social enterprises—OneBreath, Ecozen Solutions and Artoo. Apart from equity, the incubator will provide mentoring, access to network and talent for these start-ups.
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Small business financing companies can play much bigger role in financial inclusion in India
For that, there is an immediate need for formation of an independent regulator to formulate framework for sustainable and better functioning of Small Business Financing Companies (SBFCs) that has been doing a wonderful work for promoting growth of small business in India, senior Bharatiya Janata Party (BJP) leader Yashwant Sinha said.
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- South Asia
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World Bank: Crowdfunding Investment Market to Hit $93 Billion by 2025
Crowdfunding has come a long way since 2008, when a group of UC Berkeley MBA students launched Indiegogo. It’s now a multibillion-dollar industry growing literally exponentially and worldwide
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LeapFrog Investments divests Ghanaian insurance firm Express Life to Prudential
Specialist investor LeapFrog Investments has divested the majority stake it holds in Express Life to Prudential Plc. Express Life is an insurance firm based in Ghana founded by Obed Danquah.
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- Uncategorized
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- Sub-Saharan Africa
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Israeli hackers with a conscience
Tel Aviv hackathon aims to show that technology can help the world's poorest people - and make a profit.
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- Uncategorized
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- North Africa & Near East
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Can microenterprises grow through finance?
For some time, microfinance has been a hot topic within the development community. Many researchers and practitioners see it as a way for people to smooth their consumption over time and thus avoid the effects of bad periods.
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- Uncategorized
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- microfinance
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Bank of Mexico opens the way for money transfers via mobile devices
The goal is to give bank customers the ability to move funds "with greater ease and safety via cellular phones or other devices that have a linked mobile telephone line," the central bank said in a statement.
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- Uncategorized
- Region
- Latin America
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- mobile finance
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