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OPINION: Bank accounts for all won’t bring financial inclusion to India
Financial inclusion, the buzzword that Manmohan Singh government used quite freely during his term in office, is likely to be part of Prime Minister Narendra Modi’s lexicon as well. But the question is, how will he implement it?
- Categories
- Uncategorized
- Region
- South Asia
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Safaricom finally agrees to open up M-Pesa agent network
Mobile network Safaricom, which runs M-Pesa, has unexpectedly agreed to open up its agency network across the country to its rivals.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Tanzania: Better Credit Facility in Pipeline
MEMBERS of the public may soon start accessing credits on competitive terms, thanks to the Credit Reference Bureau (CRB), that commercial banks have embraced amid optimism that the data base will help to extend financial services to more people, a new study has shown.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Clay Fridges That Keep Food Cool Without Electricity
This food storage box won't replace a refrigerator. But it'll help keep food fresh for people who don't have one.
- Categories
- Impact Assessment, Technology
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Developing Africa Through Effective, Socially Responsible Investing
VENTURES AFRICA – The SME space is seeing tremendous growth in Africa, with easier access to funds from financial institutions and government policies encouraging sector growth.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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New private equity fund targets microfinance institutions for women
It’s been a while in the making, but this week Women’s World Banking finally closed its first private equity fund to invest in microfinance enterprises that support women.
- Categories
- Impact Assessment
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Adarsh Credit Co-op Reaches India’s Rural Poor With Mobile Tech
Mobile phones are a key way to expand financial inclusion to rural areas across emerging markets, as M-Pesa has demonstrated in Kenya. In India, Adarsh Credit Co-operative Society reaches one million members through 800 branches and more than 100,000 financial advisors who travel through villages taking deposits or disbursing money by linking to the bank through their mobile phones.
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- Uncategorized
- Region
- South Asia
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Mobile money and digitized payments have few takers in India
Lack of awareness and difficult access are the main hurdles
- Categories
- Education
- Region
- South Asia
