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Viewpoint: COVID-19 Lockdown: How Digital Lenders Can Contribute To Financial Inclusion in India
By introducing non-traditional sources of credit to a credit-starved population and small businesses, fintech lenders can help people get easy access to capital.
- Categories
- Coronavirus, Finance, Technology
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How COVID-19 Will Reshape Islamic Finance Markets
Since the inception of the Islamic finance industry in the 1970s, there has been a steady growth in demand for sharia-compliant products and services and the industry’s total assets reached US$2.5 trillion globally in 2019.
- Categories
- Coronavirus, Finance
- Tags
- ESG, lending, microfinance
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Tackling the COVID-19 Coffee Crisis: Can Blockchain Strengthen the Link Between Producers and Buyers?
COVID-19 is having a major negative impact on many sectors, and the coffee industry is no exception. The closing of restaurants and cafes has reduced consumption, and according to Isabel van Bemmelen at the Progreso Foundation, coffee producers have been especially hard hit. She explores a blockchain-driven solution that could help producers survive the pandemic.
- Categories
- Agriculture, Coronavirus, Transportation
- Tags
- blockchain, COVID-19, employment, lending
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Solving the Credit Impasse: How Big Data and AI are Generating Funding Opportunities for Smallholder Farmers in Africa
Smallholder farmers provide over 80% of the food in much of the developing world, making a major contribution to poverty reduction and food security. Yet as Iftin Fatah at the U.S. International Development Finance Corporation points out, in Africa, less than 3% of total bank lending goes to the sector – even though it accounts for about 70% of all employment and over 40% of GDP. She explores some innovative, tech-driven solutions to this perennial problem.
- Categories
- Agriculture, Technology
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Silicon Valley-Backed App Lenders Use Phone Data to Hassle Borrowers
Silicon Valley venture capital is funding a wave of fintech startups in India that use data from borrowers’ cellphones to collect on debts in ways that are illegal in both India and the U.S.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- fintech, lending, regulations
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Press Release: Bamboo Capital Partners Backs Amartha, a P2P Lending Platform for Micro-Entrepreneurs in Indonesia
Founded in 2010 by Indonesian entrepreneur Andi Taufan Garuda Putra, Amartha started as a microfinance institution before pivoting into Fintech P2P lending in 2016. Amartha’s mission is to connect aspiring unbanked micro-entrepreneurs in rural areas experiencing difficulties finding working capital with online lenders interested in making profitable, impactful investments.
- Categories
- Uncategorized
- Region
- Asia Pacific
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National Bank of Cambodia Slams NGOs’ Lending Report
A report on predatory lending in Cambodia by local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT), was slammed by the National Bank of Cambodia (NBC) as “flawed”.
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: BBVA and Fibra Uno Sign Latin America’s First-Ever Sustainability-Linked Revolving Credit Line
BBVA served as sole sustainable agent in the first syndicated revolving credit facility in Latin America, signed with Fibra Uno, a strategic client for the bank. The transaction is also the first sustainable transaction by a real estate business in the region and the first facility to be arranged in accordance with the ‘Sustainability-Linked Loan Principles’ in Latin America.
- Categories
- Finance
- Region
- Latin America