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Digital Lending Post COVID: How Micro-Credit Holds the Key for Small Merchants, Customers to Bounce Back
Credit and Finance for MSMEs: Digital lending platforms with the principles of financial inclusivity will emerge as the heroes of the financial crisis.
- Categories
- Coronavirus, Finance
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Central Bank of Zambia Approves k2.3 Billion for Businesses to Remain Afloat
THE Bank of Zambia (BoZ) has approved K2.3 billion for microfinance institutions and commercial banks to help businesses remain afloat amid the coronavirus impact.
Association of Microfinance Institutions in Zambia (AMIZ) president Jetty Lungu said loan applications valued at K4.6 billion were made by microfinance institutions and commercial banks and only K2.3 billion was approved.- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Press Release: Sparkle Officially Launches: A New Digital Ecosystem to Transform the Lives of Nigerians Across the Globe
Sparkle, which has been granted a banking license from the Central Bank of Nigeria (CBN), has been built to help Nigerians fulfil their potential. Sparkle offers comprehensive support for individuals, including flexible payments, savings and analytics to provide greater freedom, flexibility and control over finances and lifestyle once and for all.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Indian MFIs See 50% Recovery in June as Rural Borrowers Avoid Using Moratorium
A majority of MFI borrowers have the option to avail moratorium till the end of August.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Egypt’s Msmeda Aims to Finance 200k Micro Projects With $187.2M in 2020
MSMEDA developed and rehabilitated six NGOs in five governorates to raise their financial and administrative performance
- Categories
- Finance
- Region
- North America
- Tags
- business development, NGOs
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Western Union in Frame for Moneygram Buy
Remittance giant Western Union became the latest name linked with a buyout of rival MoneyGram, which has been the subject of numerous acquisition attempts in the last four years.
- Categories
- Coronavirus, Finance
- Region
- North America
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COVID-19 and the Pursuit of Financial Inclusion in Pakistan
When Pakistan implemented a national lockdown in mid-March, economic activity for the world’s fifth most populous country was brought to a halt. In a country where nearly 40% of people live in poverty and more than 24 million workers either earn daily or piece-rate wages or are self-employed, the ensuing economic crisis has hit the population hard.
- Categories
- Coronavirus, Finance, Technology
- Region
- South Asia
- Tags
- impact investing
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Press Release: Global Development Leader Named Executive Director of Miller Center
In her new role, Brigit Helms is responsible for the vision, strategy, fundraising, and leadership of the Center, one of three Centers of Distinction at Santa Clara. She will report to Provost Lisa Kloppenberg and begin her term this month.
- Categories
- Finance
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