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6 Surprising Reasons Why South Africans Are Not Big On Banks
BCG recently undertook extensive research into the process of financial inclusion in South Africa. This primary research which is based on surveys, interviews and a fresh analytical approach, yielded several interesting themes about the country’s use and perceptions of formal banking channels. Bringing more people into the financial system has the ability to enhance GDP growth, reduce poverty and create new market opportunities for the private sector.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Money Management Application ‘Swadhaar Saathi’ Wins $100,000 from MetLife Foundation Innovation
Swadhaar Saathi has been announced winner of the MetLife Foundation Inclusion Plus competition in India. The competition was open to entrepreneurs, businesses and non profit organisations and aimed to discover innovative solutions to promote financial capability and access to financial services in India. With more than 100 entries, Swadhaar Saathi won the grand prize with its money management application and collected a grant of 100,000 dollars.
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- Uncategorized
- Region
- South Asia
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Demonetization brought out the best in Indian microfinance clients
Five months after demonetization, the uncertainty has started to fade.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance, regulations
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PayPal Seeks License to Enter Competitive Mobile Wallet Space in India
Global payments company PayPal is eyeing a prepaid payment instrument license to enter the competitive mobile wallet space in the country, said three sources familiar with the development.
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- Uncategorized
- Region
- South Asia
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Microfinance Pioneer FINCA launches FINCA Impact Finance
FINCA, the global institution that pioneered Village Banking™ and helped prove the sustainable microfinance model as key to economic development, recently announced the launch of FINCA Impact Finance.
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- Uncategorized
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ASEAN highlights micro enterprises to address poverty
Despite a soaring economic trajectory, the Association of Southeast Asian Nations (ASEAN) is also looking to keep their feet on the ground — particularly through micro, small, and medium enterprises (MSMEs). Members of both the private and public sectors gathered on Friday to discuss how best to develop MSMEs during the ASEAN Prosperity for All Summit at City of Dreams, Manila.
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- Uncategorized
- Region
- South Asia
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Thorny Issues Every Social Entrepreneur In India Has To Tackle
Social entrepreneurship is steadily growing popular in India and has caught the attention of many investors. Social entrepreneurs come up with some of the best solutions for a wide range of issues. They may not always help you find the best ways to make huge profit margins, but their sincere approach and positive outlook always prove fruitful for the society’s growth.
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- Uncategorized
- Region
- South Asia
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Women’s Economic Empowerment: SEEP Forum to Tackle a Vital Issue of our Time
Women play multifaceted roles in market systems, as smallholder farmers, employees and owners of business enterprises, clients of financial institutions, and unpaid care workers, among many others. That's why the SEEP Network is hosting an international convening on women’s economic empowerment in May that aims to narrow the divide between best practices and informed policy decisions, exploring topics that are emerging as critical constraints to women’s economic empowerment across the globe.
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- Uncategorized
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