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From the BoP Summit: Next Steps In Finance
Graham Macmillan has been on both sides of the social enterprise funding question. Before joining the Citi Foundation as senior program officer - financial inclusion, he served as senior director of VisionSpring. Macmillan carries the perspective of both of the donor/investor evaluating partnerships and deals, as well as that of a social entrepreneur with practical concerns like trying reach that all-elusive scale, making sustainable profits and securing investors.
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Mobile Payments Gain Traction Among India’s Poor
South Asia is a fertile market for the concept. The region consisting primarily of Bangladesh, India and Pakistan accounts for the largest number of offices actively providing mobile money services, 3.8 million compared with 805,000 in all of Africa and 1.8 million in East Asia and the Pacific.
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- South Asia
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Mobile Money Movers – Part 1: A conversation with Sitoyo Lopokoiyit, Head of Strategy for Financial Services at Safaricom
M-Pesa is the world’s leading mobile money system, and one of the biggest success stories in the history of BoP business. Launched in Kenya by Safaricom in 2007, it’s now used by over two-thirds of Kenya’s adult population - and it is expanding to other countries in Africa and beyond. In Part 1 of our Mobile Money Movers series, Kyla Yeoman interviews Sitoyo Lopokoiyit, Head of Strategy for Financial Services at Safaricom.
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Post-typhoon expansion of micro-insurance coverage for the poor sought in the Phillipines
The recent devastation caused by supertyphoon Yolanda in the Visayas underscored the importance of expanding coverage of micro-insurance to the marginalized communities in the country.
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- Asia Pacific
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A Goat Or An ATM?
Financial inclusion efforts in India have achieved much but remain hobbled by the lack of an effective impact assessment framework.
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Kenya’s merchants are warming up to a payment system born in a Seattle basement
Naming your company “money” takes some gall, but for the founders of Kopo Kopo, the gambit looks like it might pay off.
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- Sub-Saharan Africa
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The Magic of Mobile Money: Looking back on the days when I used to sellotape coins on order slips
Mobile access innovator Nigel Waller looks back on the progress that’s been made in bringing mobile financial products to the BoP - and considers the overwhelming need for financial services that’s driving this progress.
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Leveraging Financial Inclusion to Promote Economic Development in Egypt
Egyptian policymakers are facing a significant challenge: how to address acute economic challenges while managing ongoing political and social transitions.
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