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Press release: IDB Invest provides loan to Mundo Mujer, the largest private microfinance bank in Colombia
The financing allows Banco Mundo Mujer to increase its loan portfolio to support communities with easy and quick access to working capital, strengthening its businesses and productive units.
- Categories
- Finance
- Region
- Latin America
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Inclusive Innovation: How Two Mobile Technology Startups are Changing the Game in Microfinance
Securing a bank loan is an onerous task for anyone. But for the 2.5 billion unbanked people worldwide, the obstacles can seem insurmountable. And microfinance and village savings groups both have significant limitations, particularly for people without a credit history. June Sugiyama of Vodafone Americas Foundation explains how two winners of the foundation's annual Wireless Innovation Project competition are overcoming these limitations through mobile technology.
- Categories
- Entrepreneurship, Finance, Technology
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Small Loans Help Increase Rice Yield In Bangladesh, Study Shows
Microfinance institutions have a positive impact on farmers, allowing them to adopt high-yield rice varieties and increase their farming output, researchers say.
- Categories
- Agriculture, Finance
- Region
- South Asia
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Borrowing by mobile phone gets some poor people into trouble
Mobile money, which offers the equivalent of a basic bank account to almost anyone with any sort of phone, has long been seen as a boon for financial inclusion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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FINCA DRC introduces tablets in the field
Loan officers consider this strategy very effective and beneficial in terms of saving time and space.
- Source
- Press release
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Watch the Recording of the Live-Streamed Debate: Is There Still Room in Microfinance for Smaller MFIs?
As the 2018 European Microfinance Week came to a close, the conference hosted a live debate on whether there's still room in microfinance for "the little guy" - ie: smaller MFIs. This was an Oxford-style debate, with two speakers arguing that there's no room for smaller players, and two arguing for the continued relevance of these institutions. Hear their arguments and find out who won (yes, there were judges) in the recorded video here.
- Categories
- Finance
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Viewpoint: Designing financial products for women
Current financial service models conflate women with ‘family’, considering them merely an avenue to pursue social welfare.
- Categories
- Finance
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PayPal Invests In Emerging Markets Lending App Tala
Tala’s Android-based app analyzes device and behavioral data to instantly underwrite the consumers and create a loan offer.
- Categories
- Finance
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