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18th Microcredit Summit Campaign Announces Declaration on Economic Empowerment and Social Inclusion
Organised jointly by Khalifa Fund for Enterprise Development, the Arab Gulf Programme for Development (AGFUND), and the Microcredit Summit Campaign, the summit gathered 1000 global policy makers, central bank managers and microfinance experts to explore and discuss innovative financial inclusion strategies that can create clear pathways to economic and social inclusion.
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- Uncategorized
- Region
- North Africa & Near East
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Analysis: Financial Inclusion Implications of India’s new National ID Law
On Friday, the Lok Sabha stamped its overwhelming approval on the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill. Since it is a money bill, the Rajya Sabha cannot exercise a veto. It is for all practical purposes just short of becoming law.
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- Uncategorized
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- South Asia
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Small Farmers Meet Big Data: How the data revolution could transform smallholder finance
The enormous gap between the supply and demand of formal credit for smallholder farmers has been well documented. Among the varied causes of this mismatch is the extreme lack of information on potential borrowers that’s available to lenders. Two recent data-focused innovations, however, could dramatically reduce these information challenges and the associated lending risks, which could help open up pools of capital for previously underserved populations.
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- Agriculture
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Zimbabwe Launches National Financial Inclusion Strategy
The Reserve Bank of Zimbabwe through various stakeholders is aiming to increase the level of access to formal financial services within the country to 90 percent from 69 percent while improving the proportion of financially included small business to 80 percent by 2020.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Weekly Roundup: Obama Chases Bush’s Africa Legacy, Kenya’s Diaspora Leadership and Gray Ghost’s $60M Fund
It’s incongruous to many that the son of a Kenyan is widely perceived to have done less to help Africa than a predecessor best known for putting the U.S. in a bad war and a bad light in so many other places around the globe. Could the President’s Malaria Initiative help change those perceptions?
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- Health Care
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PWC to Liquidate Troubled Microfinance Company DKM’s Assets to Pay Back Depositors in Ghana
PriceWaterhouse Coopers is to liquidate the assets of troubled microfinance company, DKM, to raise money to payback depositors whose monies were locked up with the company, the Governor of the Bank of Ghana said Tuesday.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Mapping the Path to Full Financial Inclusion
When attempting to solve a complex development challenge, we often jump from creating ambitious goals to making plans, without first identifying who we need to reach with our goals, where those people reside, and what challenge and opportunities they face. That’s why one of the underappreciated keys to meeting a development goal is to draw a map - and why maps provide the theme for this year's State of the Microcredit Summit Campaign Report: Mapping Pathways out of Poverty.
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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