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The recent approval of the liquidation of 83 micro-finance banks (MFBs) by the Central Bank of Nigeria (CBN) is bad news from the banking sector. It is worrisome that as many as 83 of these institutions are going under, barely four years after 224 of them were declared insolvent in 2010, with attendant negative implications for depositors’ funds.
Saving Nigeria’s micro-finance banking sectorBlog Post
With 50 percent of cash-in/cash-out agents conducting at least 30 transactions per day, Uganda is one of the world’s leading digital finance markets. But despite its growth, many challenges persist. A new report from the Helix Institute of Digital Finance analyzes the successes and struggles of the country’s agent network.
The Future of Uganda’s Mobile Money Market: Why agent networks are key to growing the sectorNews
A majority of women entrepreneurs in India cannot access institutional finance for many reasons, including the fact that fewer of them have title rights on property that can be used as collateral.
Women entrepreneurs struggle for funding in IndiaNews
Nearly 1,500 Haitians filed a lawsuit Tuesday seeking compensation from the United Nations for victims of a cholera outbreak that health officials say has killed more than 8,000 people and sickened over 600,000 in the impoverished Caribbean nation.
Haitians sue UN over cholera epidemicNews
The Division head said that UBA’s innovative e-Channels have accorded the customers triple gains of financial control, convenience and security.
United Bank for Africa Strengthens E-banking Channels to Boost Financial InclusionBlog Post
Shining Hope for Communities, which is creating girls’ schools in Kenyan slums and linking community services to them, has been recognized for making health care more accessible.
Girl Power: SHOFCO’s tuition-free schools in Kenya linking communities to health servicesBlog Post
A key difference between reverse innovation and the earlier work on base of the pyramid strategy is the promise – even expectation – of large and profitable up-market migration for the innovations incubated in the underserved space. This thinking has upsides, and potentially, a very dark side.
NexThought Monday – The Dark Side of Reverse EngineeringBlog Post
In second in a series of articles provided by Villgro’s Unconvention|L team and Okapi Research, which are visiting nine tier III cities in India, Lina Sonne explores the potential of Bhopal and Chandigarh. Both cities have strong potential to build on their educational and NGO roots to emerge as regional social enterprise ecosystems hubs.
Mapping Bhopal and Chandigarh: A social enterprise push for jobs, a non-profit culture looks toward business
