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Designing for Women: How COVID-19 Could Allow Government Payment Programs to Boost Women’s Economic Empowerment
Governments around the world are deploying government-to-person programs to address the economic crisis caused by COVID-19. But as Amanda Schwartz at IDEO.org points out, unless these programs are designed around women’s unique needs, they could exacerbate gender inequality and financial exclusion. She explores how a gender inclusive approach could "make the single biggest push for women’s economic empowerment that the world has ever seen."
- Categories
- Coronavirus, Finance
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Extending Insurance in Times of Crisis: How an Innovative Partnership is Serving Low-Income Micro-Business Owners in Indonesia
During a crisis like COVID-19, insurance can offer businesses in developed countries some degree of resilience. However, entrepreneurs in emerging markets often lack the access or awareness to take advantage of this protection. Carlie Joselowitz at N-Frnds discusses the challenges of delivering insurance to these small businesses – and an innovative partnership that aims to solve them.
- Categories
- Coronavirus, Finance, Investing
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Unicorns vs. Camels: Three Lessons for Building Resilient Businesses – Despite the COVID-19 Crisis
As COVID-19 continues to transform the global economy, many businesses are shifting towards safety and longer-term thinking. But as Alex Lazarow at Cathay Innovation points out, many social entrepreneurs have been building sustainability and resilience into their business models from day one. He contrasts the approach of these "camels" to the growth-at-all-costs model common among "unicorns."
- Categories
- Coronavirus, Social Enterprise
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Weathering a Perfect Storm – Part 2: Seven Ways Fintechs Can Survive the COVID-19 Pandemic
The COVID-19 pandemic has brought unprecedented challenges to the financial services industry – particularly in emerging markets. In the second article of this two-part series, analysts at MSC explore seven key measures fintechs are taking to stay relevant, augment their recovery and build their resilience during the crisis.
- Categories
- Coronavirus, Finance, Technology
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Weathering a Perfect Storm – Part 1: The Challenges Facing Fintechs in Emerging Markets During COVID-19
Fintechs have proven their potential to deliver financial services to low- and middle-income customers in emerging markets. But even the most innovative approaches can fail in an economy devastated by COVID-19. In this article – the first in a two-part series – analysts at MSC explore the challenges and opportunities the pandemic brings to the fintech sector.
- Categories
- Coronavirus, Finance, Technology
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Tackling the COVID-19 Coffee Crisis: Can Blockchain Strengthen the Link Between Producers and Buyers?
COVID-19 is having a major negative impact on many sectors, and the coffee industry is no exception. The closing of restaurants and cafes has reduced consumption, and according to Isabel van Bemmelen at the Progreso Foundation, coffee producers have been especially hard hit. She explores a blockchain-driven solution that could help producers survive the pandemic.
- Categories
- Agriculture, Coronavirus, Transportation
- Tags
- blockchain, COVID-19, employment, lending
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The Blind Spot in Africa’s COVID-19 Response: Western Public Health Tactics Won’t Work – This Local Solution Might
The COVID-19 pandemic is primed to spread in Africa, and with just one doctor per 5,000 people, a major outbreak would overwhelm the continent’s health care systems. But as Anatole Manzi at Partners In Health points out, tactics like social distancing and hand-washing are not feasible in crowded slums and areas without clean water. He proposes a home-grown solution: training young people as community health workers.
- Categories
- Coronavirus, Health Care
- Tags
- COVID-19, public health
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When Digital Payment Goes Viral: Lessons from COVID-19’s Impact on Mobile Money in Rwanda
Cash can help spread COVID-19, so some African countries have ramped up efforts to expand digital payments to fight the virus. According to Isabelle Carboni and Hennie Bester at Cenfri, this imperative to digitize is one of the key opportunities to emerge from the pandemic. They explore the early experiences of Rwanda, in assessing the impact these efforts can have.
- Categories
- Coronavirus, Finance
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