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Microfinance Services in Ghana Greeted With Hope, Concern
Microfinance, providing financial services to low-income clients, has gained popularity in Ghana in the past 20 years and has played an important role in helping the poor - especially women - improve their lives.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Microfinance Will Eliminate Severe Poverty – John Hatch
In an exclusive interview with Microfinance Focus, John Hatch, founder of FINCA and creator of Village banking, discusses the future of microfinance industry and FINCA’s efforts to stay committed to its social mission.
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- Uncategorized
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A New Methodology for Teaching Finance
In Nicaragua, Iveth Juárez, a small business owner who processes and sells cereal to the local market, had attended seminars, workshops, courses and training sessions on accounting and finance. But at the end of each session, she always felt the same sense of confusion. Juárez is one of more than 400 entrepreneurs in Latin America and Africa who have benefited from a new TechnoServe methodology for teaching accounting and basic financial topics.
- Categories
- Agriculture
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Dispelling the Top Five Mobile Money Myths
I like talking about how to build mobile money networks, how people use it, what additional functionality can be built on it, and how it might give people more opportunities to improve their lives. But I often find myself side-tracked into slaying mobile money myths. Here are five concerns that I wish people didn’t lock into quite so quickly.
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- Technology
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Does ’the Cloud’ Have a Silver Lining for the Poor? New Sources of E-Transaction Data Hold Promise
Financial services firms in wealthy nations depend heavily on data to design their products and tailor products to consumers. A very basic example is using credit scores. This data-driven approach has been largely impossible for banks that would pursuing BoP customers. But that may be changing as several startup firms are gearing for launch.
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- Technology
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2011 Social Finance Forum: Investing in Good Deals
Last year, over 300 people gathered for the launch of the Mobilizing Private Capital for Public Good report by the Canadian Task Force on Social Finance. It was a call to action on the role of capital markets to create economic/social sustainability. This year, Canada’s impact investing marketplace will tackle what it means to invest in good deals.
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- Investing, Social Enterprise
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Housing Series: The Critical Shift Toward Asset Building
For over two decades, the partnership between the Citi Foundation and Habitat for Humanity International relied heavily on a "one house, one family," volunteer house-building model. But a shift to a strategy that increases the supply of financial products and services that accelerate financial inclusion is urgently needed.
- Categories
- Finance, Uncategorized
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Housing Series: The Case for Housing Support Services
Access to finance and secure tenure has been shown to be the most effective catalysts for self-help incremental housing improvements. But while they are essential, even together, they are not sufficient to improve the living conditions for many of the world’s low-income populations.
- Categories
- Finance