-
4 tips to implementing effective and efficient microfinance programs
Despite being in place for more than 20 years, microfinance has yet to achieve its full potential, some experts suggest.
- Categories
- Uncategorized
-
OPINION: Rwanda: How Energy Can Contribute Towards Poverty Alleviation
WE LIVE in interesting times when so much is happening in terms of development. However, there are curious contradictions that undermine our journey to the Promised Land; development.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
‘Cash Burns Your Pocket’: New World Bank, Gates report finds mobile payments vital to G20 goals
Just 41 percent of adults in developing economies have a bank account - a problem that G20 nations are increasingly focused on. To that end, this week the Gates Foundation, the Better than Cash Alliance and the World Bank released a report on the potential of digital payments to advance financial inclusion - and the challenges that must be addressed.
- Categories
- Uncategorized
-
India PM Launches Financial Inclusion Plan
Prime Minister Narendra Modi on Thursday launched Jan Dhan Yojana, a mega financial inclusion plan under which bank accounts and RuPay debit cards with inbuilt insurance cover of Rs 1 lakh will be provided to crores of persons with no access to formal banking facilities.
- Categories
- Uncategorized
-
The Financial Inclusion Game Changer
Today, MasterCard is launching a ground-breaking program in Nigeria with the cooperation of the Nigerian government. This program uniquely combines a national ID card with electronic payments. Daniel Monehin, MasterCard’s Division President for Sub-Saharan Africa, sat down with MPD CEO Karen Webster to discuss why today is a such significant day in payments for Nigeria and why this program has the potential to be the financial inclusion game changer everywhere in the world.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Rwanda: Microfinance Sector Soldiers On Despite Burden of Bad Loans
Sector experts say there is an urgent need to address challenges facing MFIs, especially by empowering the sector to enhance its capacity and performance.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Indian PM asks banks to make financial inclusion a national priority
Indian Prime Minister Narendra Modi on Monday asked banks to make the opening of bank accounts in 70 million households this year a national priority.
- Categories
- Uncategorized
- Region
- South Asia
-
150 Million Bank Accounts – Is That Enough?: Infrastructure is only one part of designing an inclusive financial system in India
Indian prime minister Modi recently announced an ambitious new plan for financial inclusion for all Indians. The plan focuses on the estimated half of the country’s population that does not use a bank, providing them with debit cards and insurance policies (among other things). But IPA points out that creating an inclusive financial system will require more than ATM cards.
- Categories
- Uncategorized