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FEATURED EVENT: The BoP Global Network Summit 2013
Join the first BoP Global Network Summit and learn more about the practices that are revolutionizing the world economy and changing the lives of thousands in BoP communities around the world. The summit takes place Nov. 7-8 at the Natura Convention Center, Cajamar - São Paulo, Brazil.
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Bank of Jamaica Developing Agent Banking System to Reach the Unbanked
In pursuit of greater financial inclusion, the banking regulator plans to allow traditional banking institutions to partner with third parties to offer banking services, as agents. As much as a third of the Jamaican population are 'unbanked', that is they do not use or have limited access to the formal banking system.
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CBK proposals likely to end M-Pesa dominance
SAFARICOM'S Mpesa platform may soon be open for use by other mobile payment services providers if new regulations published by the Central Bank are effected. This could end the mobile company's dominance of the mobile money market which has locked many subscribers to its network.
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Policy interventions go wrong
It is a classic case of a government policy going horribly wrong. It was intended to protect consumers' right, but it ended up hurting them the most. When the Andhra Pradesh government sought to restrict microfinance institutions' (MFI) activities in December 2010, it was with good intentions.
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- microfinance
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Microfinance in Africa: The importance of women
MicroLoan Foundation has been making small loans, accompanied by business training, for more than ten years now - and they have only ever targeted these services to women. Mike Warmington, the organization’s Head of Operations, explains why and how they’re focusing on women in their efforts to reduce poverty at the BoP.
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Nigeria: Microfinance Banks Need More Financial Empowerment
The Managing Director, Fortis Micofinance Bank Plc, Mr. Kunle Oketikun has called for more financial empowerment for Nigerians.
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- Sub-Saharan Africa
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Saving Themselves: Why young people are asking for better savings services
The importance of savings to financial inclusion is well-established - at least for adults. But the conversation about youth savings is marked by skepticism about young people’s ability to save, compounded by the fact that many of them are not (or shouldn’t be) working. Rani Deshpande, director of Save the Children’s YouthSave project, discusses why youth savings must be a priority, and how the financial inclusion community can help.
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Mobile money transforming Africa
A new study reveals just how different e-commerce is in Africa compared to global trends.
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