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Indonesia’s Financial Services Authority Launches Micro-insurance
The Financial Services Authority (OJK) hopes a newly launched blueprint will support the marketing and implementation of micro-insurance products across Indonesia by 2016.According to OJK commissioner overseeing non-banking financial industry Firdaus Djaelani, it is expected that the blueprint will help expand the micro-insurance segment in the domestic market.
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Rwanda: ‘Ensuring Universal Access to Financial Services Key Priority’
Increasing access to financial services is one of the Government's priorities as Rwanda looks to ensure a self-reliant populace, John Rwangombwa, the central bank governor, has said."Rwanda's vision is to ensure financial inclusion, especially for the rural masses. In fact, we have made significant progress towards this target. So far, we have been able to double formal financial inclusion from 21 per cent of adults in 2008 to 42 per cent as at the end of last year," Rwangombwa noted.
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- Region
- Sub-Saharan Africa
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Nigeria’s Bank of Industry Seeks to Empower Women with Financial Inclusion Strategy
For Nigeria to realise its economic goals, a paradigm shift in the nation’s financial inclusion strategy may have become imperative.This was the view of the Managing Director, Bank of Industry (BoI), Ms. Evelyn Oputu during at the microfinance conference organized by LAPO Microfinance Bank Limited in Lagos, yesterday.
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- Region
- Sub-Saharan Africa
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Focusing New ‘Lenses’ in Investing for Change: An Interview With New Calvert Foundation CEO Jenn Pryce
Detroit’s legendary Woodward Avenue is the pipeline into some of the harshest poverty in the United States. It’s also where Calvert Foundation recently teamed up with other funders to build a retail investment vehicle for inner city revitalization. Scott Anderson spoke with Jenn Pryce, Calvert’s new CEO, about this and other initiatives, the evolution of impact investing, and her vision for Calvert.
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- Impact Assessment, Investing
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India’s Microfinance Industry Close to Being 100% Insured Sector
Barely two years ago, a crisis-ridden microfinance sector was struggling to integrate into the formal finance sector. In 2013, the sector is close to being 100 percent insured.
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Think Globally, Innovate Locally: If you’re trying to serve individual customers, you can’t be a plane ride away, says Accion Venture Lab’s Paul Breloff
Here’s a common quote among entrepreneurs: “We’re focused on the BoP in [pick an emerging market] – but our senior management team is based in [some fully emerged market].” But as Accion Venture Lab’s Paul Breloff argues, if you’re trying to serve individual customers, you’ve got to immerse yourself in the countless intangibles that make up their daily lives.
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Child & Youth (Micro)Finance
The Child and Youth Finance global movement was launched in 2012 as a way to empower, include and educate children and youth all over the world.
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Friction and Flow: How innovation can put relevance back into formal savings
Do you realize to what extent formal savings services are irrelevant to many of the world’s poor?Ignacio Mas explores the challenges of making savings products both relevant and simple, in a thought-provoking addition to NextBillion Financial Innovation’s opening series.
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