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Microloans: Boon or bane for Cambodia’s rural poor?
Microfinance evokes both wariness and optimism here in the Cambodian countryside, where low incomes and savings mean farmers often borrow small sums at high interest rates to fertilize their plots.
- Categories
- Uncategorized
- Region
- Asia Pacific
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The countdown begins: Top fintech trends that India can expect in 2018
The year has pretty much offered what everyone expected. It has cemented the significance of the fintech sector in India. From increased momentum behind digital payments to product innovation in digital loan disbursement platforms, the entire sector is leaving no stone unturned to ensure that the nation functions the way it does and achieves the two-digit growth rate that it has persistently been longing for.
- Categories
- Finance
- Region
- South Asia
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Kenya’s fintech companies are innovating to bring small businesses into their fold
Mobile operators and electronic payment firms are focusing on the hundreds of thousands of small businesses in Kenya by introducing new products specifically aimed at paying for low-value card transactions with ease, speed, and convenience.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Latin America’s Fintech Rebels Declare War on Inflation
A frustrated 49 percent of the region’s population and many small- and medium-size businesses are outright excluded from traditional financial services, according to the Inter-American Development Bank (IADB). Others, who have access, don’t even bother using the system because of decades of broken promises.
- Categories
- Finance
- Region
- Latin America
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Investment where profit means better schools
The British Asian Trust is planning to raise $10m (£7.5m) for an "education development impact bond" in which investments are linked to specific targets in improving education for disadvantaged communities in India.
- Region
- South Asia
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Ethical Investors Tightening Screws on Emerging-Market Debt Issuers
Prices on Vale and Samarco bonds plummeted by about a third after the disaster. Vale, along with mine co-owner BHP Billiton, is facing a multi-billion dollar claim.
Events like that are increasingly spurring fund managers to look closer at environmental, social and governance (ESG) risks before investing in emerging markets, where polluting industries and accounting issues have often gone unpunished.- Categories
- Uncategorized
- Region
- Latin America
- Tags
- regulations
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As wild weather hits crops, Ethiopian women turn to savings
Increasingly erratic rain and recurring dry spells have slashed harvests and killed livestock in swathes of Ethiopia, raising fears of increased food insecurity.
Women often bear the brunt of such climate pressures, experts say, particularly as they usually have less power over their lives and are chiefly responsible for feeding their families.- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Asian Development Bank Bolsters Microfinance Program with $100 Million in Additional Financing
“Giving small businesses and entrepreneurs access to finance is one proven tool to improve livelihoods and reduce poverty,” said Sabine Spohn, Senior Investment Specialist in ADB’s Private Sector Operations Department.
- Categories
- Investing
- Region
- Asia Pacific