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Nigeria to Include Financial Education in School Curriculum
As part of efforts to improve financial literacy in the country, the Central Bank of Nigeria's (CBN) in conjunction with Nigeria Education Development Council (NERDC) would soon commence teaching of financial education at all levels of the education system in Nigeria.
- Categories
- Education
- Region
- Sub-Saharan Africa
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India to Redefine ATMs as Bank Branches
The Reserve Bank of India has moved to redefine ATMs in remote rural areas as bank branches, to counteract the decline in traditional full-feature outlets and improve financial inclusion.
- Categories
- Uncategorized
- Region
- South Asia
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Myanmar Startup Takes on Moneylenders With Short-Term Microfinance Loan Options
Debt is a huge problem in Myanmar. Data is scarce, but in many poor communities on the outskirts of Yangon experts believe the majority of households are in debt.
- Categories
- Uncategorized
- Region
- South Asia
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Microfinance boom catches attention of private banks in India
Private banks are making acquisitions or buying stake in MFIs to tap their growing customer base, retail lending potential.
- Categories
- Uncategorized
- Region
- South Asia
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Ban Announces Launch of New Partnership Platform to Support Financing for Sustainable Development Goals
Announcing the launch today of a new platform for scaling up innovative finance solutions to support the achievement of the Sustainable Development Goals (SDGs) by 2030, United Nations Secretary-General Ban Ki-moon said the initiative can help in identifying and piloting innovative finance instruments that can drive investment and support well thought-out SDG interventions.
- Categories
- Uncategorized
- Tags
- financial inclusion, SDGs
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Kiva and The MasterCard Foundation Announce Five-Year Project to Expand Financial Access Among African Smallholder Farmers and Rural Populations
Kiva and The MasterCard Foundation today entered into a five-year, $7.9 million partnership to test and scale financial services and loan products tailored to the unique needs of smallholder farmers and rural populations in Sub-Saharan Africa. Support from The MasterCard Foundation underscores its commitment to enable financial inclusion strategies with high-impact potential.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Mobile Money Meets Microcredit: Three Key Decisions in Taking a Concept from Design to Pilot
SAJIDA Foundation in Bangladesh is using evidence from data analytics, business case analysis and client research to improve cross-selling as part of the OPTIX project. Three key evidence-based programmatic decisions were necessary to take a new mobile financial service-based microfinance initiative from the design table to being piloted in the field.
- Categories
- Finance
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Asian Development Bank partners with Citi to provide US$100 million for microfinance in Asia
Asian Development Bank (ADB) has entered into an agreement with Citi to expand local currency lending to the microfinance sector under the Microfinance Risk Participation and Guarantee Program.
- Categories
- Uncategorized
- Region
- South Asia
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