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World Bank president to open 2013 Microcredit Summit
World Bank president Jim Yong Kim will open the 2013 Microcredit Summit: Partnerships against Poverty on October 9 with a recorded statement urging the nearly 800 delegates from 69 countries to commit themselves to the advancement of microfinance to end extreme poverty.
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- Asia Pacific
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Easing Nigeria’s Banking Gridlock
The past decade of banking in Nigeria has not been for the faint hearted.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Cost vs. Tech: Will innovation make it affordable to transact with the BoP?
NextBillion Financial Innovation’s introductory series features the views of top innovators and leaders on what’s driving financial innovation, where momentum is heading, and what obstacles remain. Today, Anurag Agrawal, CEO of Intellecap lays out the core isssues involved in bringing low-cost financial products to customers at the base of the pyramid.
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New blow for microlenders in South Africa
GRAMEEN bank founder Muhammad Yunus, widely considered the father of modern microcredit, issued a stern warning on Friday about how microlending could become “abusive” and be misused by lenders.
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Financial inclusion: India too may learn from US weather insurance firm ClimateCorp’s model
ClimateCorp is actually a very interesting company which straddles an intersection between technology and retail financial services in an innovative way. Moreover, its approach holds an important lesson for us in India. ClimateCorp is a provider of weather insurance. However, it does so in a retail, online, productised and data-driven way.
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- Agriculture
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Practical Insight: Studies support mobile money decision making
Contextual, demand-side research can make all the difference when mobile money providers make decisions about what products and services to offer and how to attract and keep customers. In many developing countries, however, such research is often in short supply. Recent studies conducted by InterMedia shed light on the mobile money markets in the Democratic Republic of Congo and Tanzania, providing insight that is not always intuitive.
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- Education
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A Financial Inclusion Revolution?: How last mile delivery and payment systems innovations could help transform India’s economy
India has been fertile ground for many emerging market innovations, in sectors ranging from health care to sustainable energy. Now the country is on the cusp of a financial inclusion revolution shaped by payment system innovations and doorstep delivery models. If it succeeds, it may provide a model of how innovation and forward-thinking public policy can help transform BoP economies.
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India’s Banks not Inclusive Enough
Are commercial banking (as it is currently practiced in India) and attainment of financial inclusion mutually exclusive?
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- Uncategorized
- Region
- South Asia