-
Addressing Eye Care in Emerging Markets with Blended Finance
WHO estimates that 39 million people suffer from blindness, more than half of them due to cataracts, and more than 90 percent of blind people live in the developing world. Cataracts are often curable but the traditional surgery is expensive. Convergence is supporting GlobalVision's plan to build on the affordable eye model that Aravind pioneered in India and establish a network of 60 eye care hospitals in emerging markets over the next 10 years, borrowing techniques from the microfinance sector.
- Categories
- Entrepreneurship, Health Care, Investing, Technology
-
Can Digital Credit Outperform Microcredit in the Developing World?
Microfinance has been hailed as a transformative force for poor households and entrepreneurs in emerging markets. But recent evidence suggests it is not the silver bullet it was once thought to be. Meanwhile, mobile phones have become ubiquitous in most developing countries, and Alexandra Wall, Natasha Beale and Carson Christiano explore whether digital credit can do a better job than microcredit in meeting the needs of the underserved.
- Categories
- Financial Inclusion, Impact Assessment, Investing
-
Clearing the Way for Clean Energy Investment in Emerging Markets
Investment in renewables in emerging markets is growing, helped by the combination of high energy demand with declining prices, and banks in OECD nations are playing a larger role in financing the projects. Still, despite the growth opportunities, there are several key obstacles confronting those looking to invest in clean energy. Ankit Mishra discusses ways to reduce some of these challenges.
- Categories
- Energy, Financial Inclusion, Investing
-
Banking the unbanked in emerging markets
Unlike the U.S., however, where 93% of people have banking options, many in developing markets do not. Globally, an estimated 2 billion adults lack access to formal financial services. The services that are available are typically cumbersome and expensive.
- Categories
- Financial Inclusion
-
Why Alternative Lending Struggles to Scale in Emerging Markets – And What Fintech Companies Can Do About It
Fintech models have proliferated in most developing countries, but alternative lending has struggled to gain scale. That's why FIBR, a project by consulting firm BFA in partnership with The MasterCard Foundation, is bringing together fintechs and banks to use networks of small businesses – shops, clinics and even local schools – to deliver digital financial services to low-income customers.
- Categories
- Financial Inclusion, Technology
-
From Planning to Execution: Using Value Chain Approach to Lending to Smallholder Farmers and Agribusiness
Lack of financial data about agribusinesses and smallholder farmers makes it even more difficult to adopt conventional methods of credit assessment. Most plain vanilla financial products are ill-suited to the cash flow requirements of an agribusiness, which is often cyclical in nature. But where most financial institutions see a challenge, we at Samunnati saw an opportunity in lending to smallholder farmers and agribusinesses.
- Categories
- Agriculture
-
The Financial Power of the Group: How demand aggregation can enable consumer financing for renewable energy products
Salt farmers in Northern India use diesel pumps to help them harvest salt from sea water. They run these pumps for over 16 hours a day, which means up to 60 percent of their income is spent on fuel costs. Solar pumps could substantially increase their income, so Dalberg explored financing options that could make these pumps accessible. They discuss demand aggregation, one particularly promising solution.
- Categories
- Agriculture, Energy, Entrepreneurship, Financial Inclusion
-
NexThought Monday – It’s a Small World, After All?: Financial Diaries research reveals that the financial lives of low-income families in Kenya and the U.S. aren’t so different
In countries from Bangladesh, India and South Africa to Kenya and the United States, Financial Diaries studies have tracked the daily financial transactions of low-income people over time. The leaders of the Kenya Financial Diaries project compare their findings to a similar study in the U.S.
- Categories
- Education, Financial Inclusion
Parent Organization
