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Mastercard Delivering Financial Inclusion: One Small Kenyan Farm At A Time
The problem with building financial inclusion — particularly in a developing world context — is that it is a tough goal to pursue directly. While there isn’t much in the way of disagreement that more should be done to connect the approximately 2.5 billion adults who are totally (or nearly totally) detached from formal financial services, actually implementing a plan that actually makes a difference is often a very separate matter.
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- Agriculture
- Region
- Sub-Saharan Africa
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The Curious Case of 4.5 Million Jan Dhan Accounts That Were Closed During India’s Demonetisation Chaos
The Narendra Modi government’s flagship financial inclusion scheme—the Pradhan Mantri Jan-Dhan Yojana (PMJDY)—has always been about big numbers.
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- Uncategorized
- Region
- South Asia
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GetBucks Goes for the Bucks in Botswana
The Botswana Stock Exchange (BSE) has approved the Programme Memorandum for the Note and it is anticipated that the Note will be listed on the BSE on Monday, 30 January 2017. Proceeds from the first tranche of the Note of up to BWP 200 million will be used by the Issuer to reduce the cost of funding.
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- Technology
- Region
- Sub-Saharan Africa
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MobiKwik, Paytm Go Multilingual As e-Wallets Tap Users in India’s Hinterland
Majority of the mobile wallets companies are launching multilingual interfaces as focus shifts to make digital payments and commerce more inclusive and widespread by enabling users to transact in their native languages following demonetisation.
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- Technology
- Region
- South Asia
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IFMR Institute in Chennai to Become University Soon
Chennai-based Institute for Financial Management and Research (IFMR), is to become a full-fledged private University soon. IFMR Chennai, now in Sri City, which has been attracting students aspiring for management education, especially in social service and related areas, received letter of intent from the Andhra Pradesh State government for a Private University, said a statement.
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- Education
- Region
- South Asia
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Fintech or Die: Five Ways Microfinance Can (and Must) Respond to the Digital Age
MicroSave founder Graham Wright hasn't been shy in criticizing the ways lenders are currently leveraging fintech to serve low-income clients. But his views on its potential in microfinance are far more bullish than this criticism might suggest. "Very soon, if MFIs don't develop a strategy and implement fintech behind that strategy, I think they will simply become irrelevant and slowly but surely shrink and die," he said in this frank video Q&A.
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- Technology
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Demonetisation has hit micro loans repayment in India
Demonetisation of high-value currency notes has hit repayments of micro loans, many of which originated in Uttar Pradesh and Madhya Pradesh and were adversely impacted following political intervention by local leaders and rumours of loan waivers, Rating Agency ICRA has said.
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- Uncategorized
- Region
- South Asia
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State Bank of India to launch its own version of digital only bank soon
The country's largest lender SBI will take the lead among state-run lenders to launch branch less banking. The latest launch from the lender - SBI Digi Bank will have a financial superstore, a market place and end to end digitisation for all products and services.
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- Technology
- Region
- South Asia