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The Bangladesh poor selling organs to pay debts
Millions of rural Bangladeshis, grow up facing a life of hardship. In an attempt to alleviate poverty, countless numbers take on debt with microcredit lenders, only to find themselves in a difficult situation when they are unable to repay the loan.
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- Uncategorized
- Region
- Asia Pacific
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- microfinance
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Microinsurance in Africa grows by 200%, says report
More than 44 million Africans use microinsurance products as tools to manage the risks they are exposed to, a study on the Landscape of Microinsurance in Africa last year has shown.
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- Uncategorized
- Region
- Sub-Saharan Africa
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In Indonesia, Mobile banking becomes a source of local banks’ revenue
With the sharp increase in the use of smartphones, mobile banking has become an important source of income for Indonesian banks that are now expanding fee-based services to boost their profits.
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- Uncategorized
- Region
- Asia Pacific
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Full Financial Inclusion Possible by 2020
The Center for Financial Inclusion "Mapping the Invisible Market" project revealed that the majority of the financially excluded live in just six countries: Brazil, China, India, Indonesia, Nigeria and Pakistan.
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MetLife Foundation Commits $200 Million over Five Years to Global Campaign for Financial Inclusion
MetLife Foundation's New Vision Will Bring Affordable Financial Services to Underserved People Worldwide
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Developing the Microfinance Movement for Smallholder Farmers
Although the agriculture sector is continually developing new technologies and strategies to help farmers grow more food, smallholder farm families lack the capital to invest in improved seed, fertilizer, and training.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Bill set to open up Zimbabwe’s micro insurance sector
The insurance sector is set to have more players following the introduction of the Micro Insurance Bill which will allow new and small-to-medium players who cannot meet high capitalization requirements to participate in the sector, a senior industry official said.
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- Uncategorized
- Region
- Sub-Saharan Africa
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OneVoice uses kid-powered music for social good
Robbie Schaefer, guitarist and songwriter for the U.S. folk-rock band Eddie from Ohio, founded OneVoice in 2010 to bring children from different continents together through music. He soon realized it was an ever-evolving process.
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