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Why Backing College Loans To Low-Income Students In Mexico Is A Game Changer
Mexico has a smaller proportion of college students than other countries on a similar path of growth and progress. At FINAE, our first great challenge was to create a model that achieved a balance between a profitable business and affordable interest rates for the students without any kind of governmental subsidy or support, as it happens in other countries.
- Categories
- Education, Entrepreneurship, Financial Inclusion
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MasterCard Promotes Financial Inclusion With Electronic Payments
While payment cards are often promoted as premium status-driven consumer products in the United States and Europe, in developing countries debit cards are proving valuable for delivering child benefits, pension payments and government salaries.
- Categories
- Financial Inclusion
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Soap Operas and Cell Phones: Riding on technological channels to impact financial capability at scale
The South African soap opera, Scandal!, shows the promise of technology and out-of-the-box thinking to improve financial behaviors of households around the world. A World Bank report, summarizing the outcome of five years of testing and experimentation on financial education, confirms that there’s still a lot of work to do to understand the scope and limitations of different interventions and delivery mechanisms.
- Categories
- Education, Financial Inclusion
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Africa will Rule the World in Mobile Money, Expert Predicts
African countries like Nigeria, Kenya, and Tanzania have been predicted to rule the world in mobile money transactions, which include mobile banking and mobile wallet, in the next few years, going by the continent’s population and zeal for technology advancement.
- Categories
- Financial Inclusion
- Region
- Sub-Saharan Africa
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