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Shared Information = Sustainability (Survivability): Group fighting leprosy makes inroads through mutual support, self-help groups and loans
Self-help groups of six to eight people – all affected by leprosy – not only offer mutual support, but also receive training in self-care, skills to rebuild lives and incomes and life skills such as how to open a bank account and manage group finances.
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- Agriculture, Education, Environment, Health Care
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Mozido Receives $185 Million in Series B Funding from MasterCard, Wellington Management Company…
Mozido, a provider of mobile financial, retail and marketing services, today announced a two-part round of Series B funding of up to $400 million.
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‘Independence from Credit’: Pro Mujer co-founder Carmen Velasco discusses self-help groups, and how much profit is too much in microfinance
As a pioneer of microfinance in Latin America, Pro Mujer co-founder Carmen Velasco has had a front-row seat for the sector’s tumultuous evolution over the past two decades. In this video Q&A, Part Two in our series on The Future of Microfinance, she discusses the need for MFIs to help clients move beyond credit - and how self-help savings groups could make some microcredit providers obsolete.
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U.S. States Ease Interest Rate Laws That Protected Poor Borrowers
Lenders have come under fire in Washington in recent years. Yet one corner of the financial industry — lending to people with poor credit scores — has found sympathetic audiences in many state capitals.
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Improving Financial Services for Indonesia’s Underserved
Financial inclusion is about reaching out to the poor and vulnerable in ways that allow them to take part in the world of financial services either for saving or getting credit. There are at least three ways to do this.
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- Uncategorized
- Region
- Asia Pacific
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PRESS RELEASE: Innovative Collaboration Aims to Bring Greater Transparency to Sub-Saharan Microfinance
Aiming to bring greater transparency to microfinance across Sub-Saharan Africa, Catholic Relief Services (CRS), The MasterCard Foundation and Moody’s Analytics have launched an innovative collaboration to use Moody’s Analytics’ social performance assessments (SPA) to help microfinance institutions better measure and manage their long-term social impact.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Rental America: Why the poor pay $4,150 for a $1,500 sofa
No credit, no cash, no bank account? There’s still a place to go shopping, but it comes at a price.
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- Impact Assessment
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Here’s why emerging markets are a challenge for Apple Pay
Apple Pay could certainly be the nail in the wallet’s coffin, similar to what the iTunes model was for music when it was introduced in 2001. And this on the heels of the Twitter “buy” button, another move by a major tech titan to occupy the payments space via a mobile device.
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