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Why are Meghalaya’s farmers dialling a toll-free number?
Since December 2017, approximately 15,000 farmers in Meghalaya have been busy thumbing in four digits into their mobile phones: 1 9 1 7. The toll-free number connects them to a call centre based in Shillong’s Laitumkhrah area, manned by 20 operators.
- Categories
- Agriculture
- Region
- South Asia
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JP Morgan, Gates, Dell give $9.5 million for India’s Financial Inclusion Lab
American philanthropic investors are now coming in to further push India’s digitisation drive and financial inclusion.
- Region
- South Asia
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Press release: MicroVest Announces Investment in Pakistan’s Kashf Foundation
The investment furthers MicroVest’s commitment to make financial inclusion a reality in
emerging economies through impact investing.- Categories
- Investing
- Region
- South Asia
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India Post Payments Bank Launch Eyes Financial Inclusion
The financial institution (FI) is now reportedly set to open an additional 648 branches throughout the country this month. In fact, there will be at least one branch in every district.
- Region
- South Asia
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Press release: ‘Easypaisa Loan’, Pakistan’s First Digital Nano Loan Launched By Telenor Microfinance Bank
This innovative service is aimed at the common man who has no access to formal loans or banking services. It enables easy access to working capital requirements for farmers, self-employed individuals, street hawkers, and home-based workers. It also works as an effective tool in creating financial literacy by incentivizing positive credit behavior through access to better borrowing terms.
- Categories
- Finance
- Region
- South Asia
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World’s Biggest Toilet-Building Spree Is Under Way in India
The scale-up of latrines and a nationwide campaign to encourage their use is driving a market for toilet-related products and services that’s predicted to double to $62 billion by 2021.
- Categories
- WASH
- Region
- South Asia
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WhatsApp Payments India launch delayed as Facebook awaits government’s nod
In an earnings call with analysts after reporting its Q2 2018 results, CEO Mark Zuckerberg said the company has been testing the payment feature on WhatsApp in India for some time.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Industry body seeks government intervention to tame errant microfinance practitioners in Sri Lanka
LMFPA aims to self-regulate its 76 members through the code of conduct, particularly avoiding over indebtedness, maintaining transparency, promoting good recovery practices and maintaining healthy competition. Nafeer noted that an independent board would investigate the complaints lodged against its members and will take punitive action against errant members by terminating their membership if they continue to breach the code of conduct and same will be advertised in print media to inform the public.
- Region
- South Asia
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