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Tanzania: Microinsurance Must Be Promoted Aggressively
TANZANIA is currently working on the best approach to increase the micro insurance coverage so that low income earners can easily access it as well as other financial services.
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- Impact Assessment
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OPINION: Only New Products Will Keep MFIs Growing in Rwanda
Through innovation, it is possible for the sector to financially reach the unbanked population and drive home the EDPRS II objectives, especially in the rural areas.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- microfinance
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Planting the Seeds of Digital Finance: Part 2 of our Digital Finance Plus series discusses why agriculture is key to building the mobile money ecosystem
Agriculture-focused payment solutions could and should have a unique role in the growth of digital finance, says Lee Babcock. Their ability to facilitate income streams to low-income families provides a powerful incentive for their adoption, and they could help extend the ecosystem to rural customers. So why aren’t more mobile money platforms tapping this potential?
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- Agriculture
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Satin Creditcare raises $4.7M from Norwegian impact investor NMI Fund
North India-based microfinance institution (MFI) Satin Creditcare Network Limited has raised Rs 28.44 crore ($4.7 million) in a fresh round of funding from Norwegian impact investor NMI Fund III KS (NMI), as per a company statement.
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- Impact Assessment
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India’s Bandhan aims to replicate its microfinance model as a full-fledged commercial bank
Having started commercial micro-finance operations in 2005, Bandhan Financial Services Pvt Ltd is now set to become a full fledged commercial bank, headquartered in Kolkata. In an interview to Business Line, Chairman and Managing Director Chandra Shekhar Ghosh explains why Bandhan bank will bring a common man’s perspective into banking.
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- Uncategorized
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Former Avon CEO Andrea Jung takes top spot at microfinance company Grameen America
The former head of Avon is now leading Grameen America, a group that provides small loans to poor women entrepreneurs in the U.S. Andrea Jung was CEO of the beauty products company from 1999 through April 2012 and served as chairman through the end of that year. Considered one of the most powerful women in business, she came under fire for failing to stem Avon's sales declines and left amid an overseas bribery investigation.
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- Uncategorized
- Tags
- microfinance
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Commercial banks in India increasingly targeting low-income borrowers
At a time when microfinance institutions (MFIs) are getting into the banking business, commercial banks too have developed a liking for lending directly to the poor -- an area until now dominated by traditional MFIs and informal lenders.
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- Uncategorized
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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
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