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Bank of Jamaica Developing Agent Banking System to Reach the Unbanked
In pursuit of greater financial inclusion, the banking regulator plans to allow traditional banking institutions to partner with third parties to offer banking services, as agents. As much as a third of the Jamaican population are 'unbanked', that is they do not use or have limited access to the formal banking system.
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- Uncategorized
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Microfinance in Africa: The importance of women
MicroLoan Foundation has been making small loans, accompanied by business training, for more than ten years now - and they have only ever targeted these services to women. Mike Warmington, the organization’s Head of Operations, explains why and how they’re focusing on women in their efforts to reduce poverty at the BoP.
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- Uncategorized
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Nigeria: Microfinance Banks Need More Financial Empowerment
The Managing Director, Fortis Micofinance Bank Plc, Mr. Kunle Oketikun has called for more financial empowerment for Nigerians.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Strong signals for mobile banking
With 840 million phones potentially competing against less than 85,000 bank branches, there is no doubt over mobile banking’s potential to accelerate financial inclusion.
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- Technology
- Region
- South Asia
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Saving Themselves: Why young people are asking for better savings services
The importance of savings to financial inclusion is well-established - at least for adults. But the conversation about youth savings is marked by skepticism about young people’s ability to save, compounded by the fact that many of them are not (or shouldn’t be) working. Rani Deshpande, director of Save the Children’s YouthSave project, discusses why youth savings must be a priority, and how the financial inclusion community can help.
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- Uncategorized
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In Financial Inclusion, Indonesia’s Policies and Banks Found Wanting
The direct relationship between financial inclusion and economic growth and development is well accepted globally. But when it comes to financial inclusion in Indonesia, there is quite a long way to go. The concept of financial inclusion not only embraces access to credit and loans for all, it also means access to bank accounts, insurance products and, equally importantly, financial education.
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- Uncategorized
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Visa partners with Micro Pension
Global payments technology company Visa on Wednesday announced a partnership with Micro Pension Foundation, an Indian non-profit organization.
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- Technology
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Combining Profitability and Social Impact: Salud Fácil makes a commitment to health in Mexico’s low-income communities
In Mexico, people seeking health care in the overburdened public sector must often wait six to eight months. Salud Facil offers them low-cost financing so they can seek treatment in the private sector, where there is excess capacity.
- Categories
- Health Care
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