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Indonesia’s farmers to enjoy microloan boon next year
Indonesian farmers can expect to find a micro-credit program specifically designed to fulfill their financing needs next year. On Tuesday, President Joko “Jokowi” Widodo called on his Cabinet to design a micro-credit program specifically designed for the agriculture sector to increase the amount of financing farmers could receive. He acknowledged that the current micro-credit program was too broad.
- Categories
- Agriculture
- Region
- South Asia
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Paytm to merge its mobile wallet service with its payments bank in India
One 97 Communications, the parent company of digital payments provider Paytm is preparing to merge its wallet service with the eponymous payments bank-- the licence for which is owned by its founder Vijay Shekhar Sharma— once it receives regulatory approval.
- Categories
- Technology
- Region
- South Asia
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Grameen Foundation lndia Launches G-LEAP e-Learning App
Grameen Foundation India, a technical services provider dedicated to advancing financial inclusion, launched Grameen Learning Program (G-LEAP), a first of its kind e-learning app for microfinance institutions which enables any-time, any-where learning. Powered by Handytrain, the app will help organizations train frontline microfinance staff and agents quickly and cost-effectively, anywhere and at anytime.
- Categories
- Technology
- Region
- South Asia
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Indians Skipping Plastic Money, Leapfrogging to Mobile Wallets
Unlike the West, Japan and China, which slowly graduated from landline to cordless to cellular telephony and from cash to plastic to mobile payments mode, India has virtually skipped the intermediate stages — cordless telephones and plastic money — of this technological revolution and jumped into cellular telephony and digital banking transaction.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Where Do Microfinance Firms Go From Here?
If you have your ear to the ground, you may hear 1.2 million employees of the Indian microfinance industry singing an old song of country-and-western singer and songwriter Jim Reeves:
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Indian MFIs Say All Is Now Well in Loan Repayment
While India’s cash-dominated microfinance sector was reeling under stress following the recall of high value currencies, sector leaders such as Ujjivan Financial Services and Bharat Financial Inclusion have come forward to defuse concerns raised by stakeholders.
- Categories
- Uncategorized
- Region
- South Asia
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In Thailand, $3 a Month Could Boost Migrant Health
Among the estimated 1 million migrants living in Thailand along the remote Thai-Burmese border, threats to health abound.Infectious diseases such as malaria, HIV/AIDS, hepatitis, tuberculosis, diarrheal conditions and dengue fever run rampant.
- Categories
- Health Care
- Region
- South Asia
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China’s Zhongyuan Bank to Replicate Grameen Microcredit Model
Zhongyuan Bank Co Ltd, a leading banking group in China, has signed an agreement with Grameen Trust for replicating Grameen Bank's microcredit model on a large scale in China.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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