-
South Sudan’s M-Gurush Joins Mobile Money Remittance Business
The launch of this remittance service comes at a time where digital money transfer services such as mobile money and electronic banking are being supported by various governments as a way to curb the spread of COVID-19.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
-
Small Businesses in Emerging Markets Need Alternative Financing Options
This lack of resources exists worldwide, with the most substantial finance gap in the East Asia and Pacific region, followed by Latin America and the Caribbean. SMEs in emerging markets need alternative methods to secure the financing necessary to sustain their businesses.
- Categories
- Coronavirus
-
Press Release: Grameen America Launches Economic Relief and Recovery Fund for Low-Income, Women Small Business Owners in the Wake of COVID-19
Nonprofit microfinance organization Grameen America today announced that it has launched the Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide essential capital and support to the low-income women entrepreneurs the organization serves.
- Categories
- Coronavirus
- Region
- North America
- Tags
- microfinance, nonprofits
-
New Alliance Launched at WEF to Help Social Entrepreneurs Overcome Impacts of COVID-19
Forty leading global organizations have united to launch the COVID Response Alliance for Social Entrepreneurs, pooling knowledge, experience and responses to alleviate suffering and advance new models of change for a more inclusive, equitable and sustainable world.
- Categories
- Coronavirus
-
Why COVID-19 Could Delay Interswitch, Africa’s Next Big IPO
The tech firm’s path from startup to IPO aspirant traces back to the vision of founder Mitchell Elegbe, a Nigerian electrical engineering graduate whose entire career has pretty much been Interswitch.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
-
Mobile Marketing Experts Show How Fintech Apps Will Emerge Fighting Fit From The Covid-19 Crisis
Interest in and comfort with mobile finance was strong ahead of the crisis, with the sector showing an impressive growth trajectory that started last year.
- Categories
- Coronavirus, Finance
-
Press Release: Indian Leaders Call for Improvement in Rural Healthcare via Solarization of Clinics
The ongoing COVID-19 crisis has highlighted several existing systemic gaps in services, especially to the rural poor. Inadequate healthcare infrastructure is one of them.
- Categories
- Coronavirus, Energy
- Region
- South Asia
-
Cambodian Workers Owe $10 Billion in Microfinance Debt as COVID-19 Wipes Out Incomes
As COVID-19 wrecks Cambodia’s economy, workers and families face added risks from record-high levels of microfinance debt. Without income, many will be unable to repay their microloans and may lose their land or be forced further into debt.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
- Tags
- microfinance