-
An Integrated Approach to Financial Inclusion: Welcoming NextBillion’s Newest Partner, BFA
Recognizing that the financial challenges of low-income people won’t be solved by access alone, BFA seeks out solutions that combine finance, user-centered design, data, policy and technology. That's why NextBillion is pleased to announce BFA as the sponsor of our new "Inclusive Fintech" Zone, which will host blog posts on the latest fintech trends, innovations and enterprises, along with two ongoing series exploring BFA's insights and analysis of financial inclusion-focused initiatives.
- Categories
- Finance, Technology
-
IndusInd Bank secures $200 million loan from Asian Development Bank for microlending in India
The 7-year senior loan will go towards IndusInd Bank's micro-finance activities, it said in a statement.
- Categories
- Uncategorized
- Region
- South Asia
-
Can Next-Generation Startups Unite Agritech and Fintech for Farmers in Emerging Markets?
An amalgamation of agritech and fintech solutions could have an incredible impact for the masses, especially populations that work within the agriculture chain. But making these apps and other digital solutions more user-friendly is critical to expanding their usage. Developers may need to borrow the best toolsets from both sectors, writes Sneha Sampath with Unitus Seed Fund.
- Categories
- Agriculture, Finance, Technology
-
It’s Not Just About Price: Innovative Solutions to Africa’s Remittances Problem
Through remittances, millions of migrants in developed countries support the basic needs of loved ones in their home countries. But with limited alternatives available, substantial costs are incurred – particularly in Africa where the average cost of sending money is 9.8 percent. Barry Cooper at Cenfri looks at some innovations that have the potential not only to decrease high fees, but to increase access beyond urban areas.
- Categories
- Uncategorized
-
The tumultuous journey of Bharat Financial Inclusion
Bharat Financial Inclusion, formerly SKS Microfinance and India’s first listed microfinance firm, faces a potential merger with IndusInd Bank, which some experts say is the only way for its survival.
- Categories
- Uncategorized
- Region
- South Asia
-
Vodafone launches financial inclusion project for women
The project would see groups of women under the Village Savings and Loans Scheme and Rural Project Support Network, introduced to financial inclusion opportunities including the use of Vodafone cash.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
India ranks behind five African countries in Financial and Digital Inclusion says Brookings study
While at first glance it may sound disappointing that India lags behind five African countries in Financial and Digital inclusion, a closer look at the data reveals great news for Indian companies which are in the financial services and the digital space.
- Categories
- Technology
- Region
- South Asia
-
Financial Inclusion is Failing Farmers: How the Sector Can Finally Reach the $200 Billion Smallholder Market
There are 450 million smallholder farmers supporting about 2 billion people worldwide. Yet financing available to farmers lags behind the need, which is estimated in excess of $200 billion. Blaine Stephens of MIX and Mike Warmington of One Acre Fund explore the reasons why and offer potential solutions – including a new, centralized directory their organizations are building, which provides useful information on existing smallholder finance products.
- Categories
- Agriculture, Social Enterprise