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First-Ever Kiva U Summit Convenes Student Leaders and Educators Around Financial Inclusion
More than 150 college and high school student leaders and educators from around the world with an interest in critical issues around financial inclusion gathered for the first-ever Kiva U Summit.
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Universal Financial Access Vital To Reducing Poverty, Says World Bank President Jim Yong Kim
Leaders at a major World Bank Group forum put forward a vision for achieving universal financial access by 2020.
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Microfinance key to achieve MDGs–Nobel awardee
JUST like microcredit, Nobel laureate Muhammad Yunus, founder of Grameen Bank in Bangladesh, said on Friday the banking system needs to be redesigned so it can provide everybody access to financial services.
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Microfinance in the Crosshairs: Will Kyrgyzstan’s usury bill backfire?
Microfinance has become a subject of controversy, as predatory lenders and unfair interest rates have tarnished its image and led to government interventions. But in Kyrgyzstan, a country with little financial regulation and no sovereign credit rating, increasing regulations may soon have negative consequences for the very clients they’re intended to protect.
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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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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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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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- 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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