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Development Finance Institutions Come of Age
In a world where private enterprise drives jobs and prosperity, DFIs expand the frontiers of what is viewed as a profitable investment opportunity around the world.
- Categories
- Impact Assessment
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Equity Bank to issue American Express cards across Africa
Equity Bank's deal with American Express gives the Kenyan lender exclusive rights to issue AmEx credit cards across the continent outside South Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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PRESS RELEASE: Accion Venture Lab Invests in Kenyan Start-up Umati Capital
Accion today announced an investment in Umati Capital, a Kenya-based lending company that provides invoice discounting and other forms of working capital financing to small and medium-sized enterprises (SME) in East Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending
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U.S. Opposing China’s Answer to World Bank
For almost a year, China has been pitching a big, internationally funded bank that would offer quick financing for badly needed transportation, telecommunications and energy projects in underdeveloped countries across the region. But the United States has not embraced the proposal.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- lending
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Table-banking, a booming loan facility among Kenyan women
Initially when she needed a loan, Joan Mwashi would approach a group she belonged to under a microfinance institution.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Unlocking the Unbanked: How cyber ID data can advance financial inclusion and ecommerce in emerging markets
Our financial systems rely on digital information footprints – credit data, banking histories, etc. – to determine whether a person is trustworthy. But many poor people live in a cash economy with no digital record of their financial history, preventing them from transacting with many companies. According to Stephen Ullford, cyber ID data offers one way to bridge this cash-digital divide and expand financial access to the unbanked.
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- Uncategorized
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MFI credit bureau on course in Ghana
Work on a credit referencing system for the microfinance sector is scheduled to be completed by middle of next year, the Ghana Association of Microfinance Companies (GAMC) has said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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Vittana to “cease to exist as a standalone organization”: The education-focused P2P microlender will wind down in its current form, its CEO says
“One of our founding beliefs was that once we reached scale, we could do our work sustainably, without shifting costs and risk onto the students,” wrote CEO Robin Wolander in announcing Vittana’s wind-down. “But after five years ... we haven’t found a robust business model to wean ourselves off that support.”
- Categories
- Education
- Tags
- lending, microfinance
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