-
C S Ghosh: Tied to the bottom of the pyramid
Chandra Shekhar Ghosh has come a long way - from Tripura to Bangladesh to West Bengal to now the national scene. The microfinance organisation Bandhan, which he founded in 2001 and helped grow, has won the right to become a full-fledged commercial bank that can and will have its branches from Srinagar to Thiruvananthapuram in the not too distant future.
- Categories
- Uncategorized
-
Japanese microfinance fund seeks to assist small Peruvian farmers
A Japanese small-lot fund operator said Thursday it will launch a new fund with a credit cooperative in Peru to assist Peruvian small farmers, who lack access to financial services, to meet their daily farming needs.
- Categories
- Agriculture
-
Zimbabwe’s Econet Launches Mobile Money Loan Service
Zimbabwean users of the mobile money platform, EcoCash, are now able to access urgent loans of up to $500 using their cellphones.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
India Announces First Bank Licences in a Decade
India on Wednesday announced it was issuing two new bank licenses for the first time in a decade as it accelerates a push to bring more Indians into the formal banking system.
- Categories
- Uncategorized
- Region
- South Asia
-
Microfinance Can Be…: Month of Microfinance aims to “radically transform” microfinance, bring the focus back to clients
Microfinance was intended to be about clients, and designing products that would meet their financial needs. But in her research on MFIs, Laura Dick found that all too many seemed more interested in their repayment numbers or other institutional goals. The Month of Microfinance was launched, she says, to refocus the sector on the needs of the poor and radically transform it from the inside out.
- Categories
- Impact Assessment
-
Behind the Scenes at Financial Inclusion 2020: Elisabeth Rhyne outlines the next steps in the movement to achieve global financial access
The Financial Inclusion 2020 Global Forum brought together hundreds of leaders to dedicate themselves to quality financial access for all by 2020. Since October, the Center for Financial Inclusion has been following up on the insights generated at the summit, and laying the groundwork for the next big push. Elisabeth Rhyne discusses the movement’s progress and next steps.
- Categories
- Uncategorized
-
Claims processing time critical to microinsurance success in Nigeria, stakeholders say
For effective take-off and maximisation of microinsurance opportunity in Nigeria following the release of operational guidelines by the National Insurance Commission (NAICOM), operators must work on claims processing time for the project to succeed.
- Categories
- Uncategorized
-
Rwanda’s Push for Financial Inclusion: The government has set a target of 90 percent financial inclusion by 2020
Six years ago, the 2008 FinScope survey found that just 21 percent of Rwandan adults were participating in the formal financial sector. Largely in response to these figures, the government launched bold initiatives focused on financial inclusion. Now, according to World Bank researcher Douglas Randall, signs of progress are everywhere.
- Categories
- Uncategorized