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Microfinance’s Irresistible Story: Already mythic in scope, the next chapter’s under way as the 17th Microcredit Summit begins
The development of the microfinance sector has followed a story arc that’s almost mythic in scope, including lots of good things and plenty of bad. Now, the sector is trying to write the next chapter – and events at this week’s 17th Microcredit Summit in Mexico will no doubt be included.
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Microfinance in Jordan isn’t helping to empower women
Foreign donors need to reconsider how their money is being used, as profits are taking precedence over sustainability
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- Region
- North Africa & Near East
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Report: Digital payments bolster economy, promote financial well-being
A new report by the World Bank Development Research Group found that incorporating digital payment systems into the economies of emerging and developing countries helps to spur economic growth and individual financial well-being.
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Mobile Money: The Battle for Africa
As enthusiasm for mobile-phone-based payments grows in Africa, operators are rushing to get a piece of potentially lucrative and ever-expanding markets and to challenge more popular and established mobile-payment services, such as Kenya’s M-Pesa.
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- Technology
- Region
- Sub-Saharan Africa
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Has microfinance lost its moral compass?
The industry that provides financial services for people on low-incomes and without access to traditional banking services is morally reprehensible according to new research from The University of Manchester.
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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.
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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.
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- Energy
- Region
- Sub-Saharan Africa
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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.
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