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The Evolution of Financial Inclusion: A Survey of the Future
ACCION International’s Center for Financial Inclusion (CFI) released an important report this week that has people in the microfinance sector taking notice." Opportunities and Obstacles to Financial Inclusion" is a comprehensive survey of 301 industry participants from around the world on "how to make full financial inclusion a reality."
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Friday Roundup 7/1/11: Kiva Launches First ’Kiva City’ in Detroit
The new Kiva City initiative combines the power of civic leaders, community organizations, and financial institutions. Rolling out first in Detroit, Kiva has partnered with Michigan Corps and ACCION USA to bring financial inclusion to a city that is wholly determined - from the government level to the individual level - on working collaboratively.
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Thinking About the Box – Not Just Outside of It
’Think outside of the box’ is one of the most clich?d expressions in English. But when’s the last time we actually defined the box? In her book, Poverty Capital: Microfinance and the Making of Development, Cal-Berkeley Professor Ananya Roy not only defines the dominant boxes of development, but unpacks their paradoxes, hypocrisy, and absurdities.
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An Emerging Platform: From Money Transfer System to Mobile Money Ecosystem
Mobile money is becoming an infrastructure backbone connecting clients with myriad financial service providers. Our investigation documented over 90 financial institutions - from small MFIs, and savings and credit cooperatives, to large banks and insurers - that are adding mobile money as a service delivery channel; and zero that were not.
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Beyond Payments – Experiences From Mobile Money Pilots
Since M-PESA cracked the market for payments in Kenya, mobile money is a global development dream: New technology enabling the poorest communities to join in modern commerce. As financial inclusion moves beyond credit, mobile banking should go beyond payments, suggests a report by PlaNet Finance and Oliver Wyman. A look at some key findings.
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Time to Grow Up: Financing SMEs With Local Capital
While impact investing and multilateral SME financing are encouraging trends, could they also undermine the journey to adulthood for financial sectors in developing economies? Too much foreign capital from impact investors or multilateral development banks could stunt the growth of financial sectors to can finance SMEs on their own.
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Charting the Future at Women’s World Banking
In the final post of a wide-ranging interview, Mary Ellen Iskenderian, president and CEO of Women’s World Banking, discusses expansion at the organization to include multi-product servcies to individuals and explains why consolidation in would benefit the microfinance sector in the long term.
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The Results Are In: Devex Top 40 Development Innovators
Devex is delighted to present the Top 40 Development Innovators. At the core of this initiative is a survey of aid workers and international development professionals designed to recognize the most innovative of the world’s leading international development organizations. Today, the survey is complete and the results are in!
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