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Why Is Financial Inclusion in India Not Improving?: New numbers, new approaches
In the past five years, the Reserve Bank of India has worked harder than many central banks in developing countries to bring financial inclusion to the BoP. Nevertheless, recent reports show that full financial inclusion is not happening, and is probably not even progressing by most important metrics. MicroSave’s Ritesh Dhawan explores why this is the case, and how things might improve.
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- Uncategorized
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Firms Investing in Social Sector Have deployed $1.6 B in India since 2000
According to a report, the number of foreign investors looking to invest in the social sector has increased.
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- Impact Assessment
- Region
- South Asia
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Value lending for MFIs to reduce risk
Tara Thiagarajan, chairman & MD of non-banking finance company-micro finance institution (NBFC-MFI) Madura Microfinance, is trying out a unique experiment.
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- Uncategorized
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Mobile money is transforming financial access in Tanzania
Tanzania had envisioned through the National Financial Inclusion Framework of 2011 to have 50 per cent of the adult population having access to financial services by 2016, but it has so far managed to surpass the target, according to a recently released FinScope Tanzania 2013 report.
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- Uncategorized
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Incofin Investment Management’s Rural Impulse Fund Acquires Equity Stake in FIELCO From Accion Gateway Fund
FIELCO expects to use Incofin IM’s expertise in international microfinance to “strengthen its governance, focus on social performance and overall structure”
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- Uncategorized
- Region
- Latin America
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Mobile Money Security is Kenya’s Next Big Challenge
Attention needs to be paid to the security of mobile money systems in Kenya especially with the licensing of three virtual network operators in the country, say experts.
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- Uncategorized
- Region
- Sub-Saharan Africa
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MTN, Airtel Announce Cross Border Remittance Deal in West Africa
The partnership will allow MTN customers in Ivory Coast and Airtel customers in Burkina Faso to transfer money between the neighboring countries.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Planting the Seeds of Digital Finance: Part 2 of our Digital Finance Plus series discusses why agriculture is key to building the mobile money ecosystem
Agriculture-focused payment solutions could and should have a unique role in the growth of digital finance, says Lee Babcock. Their ability to facilitate income streams to low-income families provides a powerful incentive for their adoption, and they could help extend the ecosystem to rural customers. So why aren’t more mobile money platforms tapping this potential?
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- Agriculture
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