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Can Microlenders Make a Comeback?
Once hailed as a game-changer for the impoverished, microlenders are falling behind in the digital race while online lenders and commercial banks poach their turf.
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Mastercard Launches Pay-on-Demand Service
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Only 9% of Nigerian Households Obtained Loans From Banks and Microfinance Institutions Since March – National Bureau of Statistics
Research from the National Longitudinal Phone Survey (NLPS), titled ‘COVID-19 Impact Monitoring’, which was conducted by the National Bureau of Statistics (NBS) has revealed that only 9% of Nigerian households obtained loans from banks and microfinance institutions between March to August 2020.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Analysis: Microfinance in Pakistan During COVID
With the June-end numbers for the microfinance sector now out, it is time to take an objective look at the initial impact of the pandemic.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Invest in Visions Mikrofinanzfonds Lends $36 Million To Indian MFIs Asirvad Microfinance, Sonata Finance
Both microfinance institutions serve low-income female customers in India, and as of June 2020, they intend to use the IIV funds to disburse microloans to their client base in order to encourage business expansion and entrepreneurship.
- Region
- Asia Pacific
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Land To Lose: Coronavirus Compounds Debt Crisis in Cambodia
With the coronavirus pandemic ending Sreylon and her husband’s jobs in the tourism industry, the mother-of-two was at a loss as to how she would keep the lenders at bay, and clear a growing debt secured by the title to her family’s land.
- Categories
- Coronavirus, Investing
- Region
- South Asia
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Telenor Microfinance Bank Receives $45m Equity Injection To Continue Its Growth on Digital Strategy
Telenor Microfinance Bank, the first scheduled microfinance bank of Pakistan and the operator of the country’s leading digital payments platform Easypaisa, has received an investment of $45 million from its shareholders Telenor Group and Ant Group Co., Ltd. (Ant Group).
- Categories
- Investing, Technology
- Region
- South Asia
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Women Self-Help Groups in Punjab Struggle To Repay Loans
Allege microfinance institutions charging exorbitant interest
- Categories
- Coronavirus
- Region
- Asia Pacific