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Financial Inclusion: Have We Been Approaching The Problem All Wrong?
“The lack of trust in financial institutions partly explains the tendency of households to avoid financial products and invest in physical assets such as gold instead,” the report added.
- Categories
- Uncategorized
- Region
- South Asia
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Why Fintech Startups Are Wooing India’s Small Businesses
Manjunatha BN runs a music store called Sri Sai Musicals in Bangalore. He needed a loan of $7,800 (5 lakh rupees). Unsure of getting one from a bank, he decided to approach Bangalore-based digital lender Capital Float. To his surprise, he received his loan in no time.
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- Technology
- Region
- South Asia
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Report: MFI investors have to wait a while to reap benefits of digitization in India
Investors generally tend to measure the success of their investment based on the growth of portfolio, profitability of the MFIs and consequently their return on investments.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Adoptions rise, but mobile wallets still less than 1% of all digital transactions in India
“Despite now accounting for 10% of the overall transaction volume in India, mobile wallets form less than 1% of the transaction value,” a report by Deloitte said which was unveiled at the Retailers Association of India CFO conference on August 23.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Can Satellites Solve the Farmer Suicide Crisis in India?
Researchers from the University of California, Berkley, have found a strong correlation between rising temperatures and the rate of suicides, with an increase of 1 Celsius associated with an average of about 70 additional suicides per day. Droughts have ravaged the country’s crop yields, sharply reducing farmers’ income across the sector and disrupting the predictability of revenue.
- Categories
- Agriculture, Environment, Technology
- Region
- South Asia
- Tags
- agtech, climate change
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Q&A: A conversation with Hilton Foundation CEO, Dhaka-awardee on health solutions
“It is easily, easily treatable if you know how to treat it,” said Clemens, a medical doctor with a background in infectious diseases. “The problem is that in many places where cholera occurs, the local health care providers and physicians don’t have the experience.”
- Categories
- Health Care
- Region
- South Asia
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India Stack: To serve the underserved
Technology platforms can have a deep impact if it touches the underserved segments of the population. Keeping this in mind, Dalberg Advisors and iSPIRT have thrown open a competition to entrepreneurs to build their innovative solutions on India Stack platform.
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- Technology
- Region
- South Asia
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Medical loans: Oxxy making health care affordable
In a country where a majority of poor and middle class households do not have a safety net for tackling health expenses, Oxxy has offered a bouquet of services to have affordable options for its customer base, starting from getting them up to 50% discount on medical expenses to getting all the medical expenditure to be paid in easy monthly installments.
- Categories
- Health Care
- Region
- South Asia