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Demonitization May Lead To Equity Erosion For Microfinance Institutions, Says India Ratings
India Ratings had warned about a build up of risks in microfinance even before demonetization was announced in November last year. Since then, the cash shortage brought on by the currency exchange program and increased instances of farm loan waivers, have disrupted the market further.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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I’m a Victim of DFS: Digitizing My Dollars is Fine, the Problem is Digitizing Me
The whole framework for digital money is inadequate, says Ignacio Mas, because people don't have a proper digital identity. That's partly due to governments and financial institutions having different needs. He recommends dividing identity rules into two: one set that serves financial integrity and law enforcement needs, and another that fulfills the bank's fiduciary duty toward customers.
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- Uncategorized
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Philippines government’s microfinance facility goes nationwide
With sufficient funds to provide to borrowers, the Department of Trade and Industry (DTI) and its micro-financing arm Small Business Corporation (SB Corp) will lead the implementation that will assist micro entrepreneurs financially and enable them to grow their businesses.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- governance, microfinance
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New Partnership Aims To Lift Women Microentrepreneurs In Myanmar Out Of Poverty
OPIC and DAWN announced in early May that the former had agreed to provide a $5 million loan to support DAWN’s activities in the country. An outgrowth of Save the Children’s Myanmar operation, DAWN has been operating independently of the NGO for the past two years, with strong support from Accion and other stakeholders. When DAWN launched in 2015, it had 27,000 clients carried over from Save the Children. Two years later, it serves 80,000 women and has its eye on rapid expansion.
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- Uncategorized
- Region
- Asia Pacific
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MetLife Foundation Is Proud to Present Its 2016 Annual Report
When MetLife Foundation launched our financial inclusion strategy in 2013, the financial inclusion industry was beginning to show that a well-coordinated global effort could produce impressive results. We saw that more than 2 billion people lacked access to formal financial services. But we also saw how steadily that gap was being closed.
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- Uncategorized
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Everex to Enable Mobile Blockchain-Powered Microfinance via Ethereum
Everex mobile fiat transactions are based on the company’s already existing Cryptocash service and its mobile Ethereum wallet. Cryptocash is an Ethereum ERC20 token family, pegged to fiat currencies and tradable on the Everex Wallet, as well as on third-party applications and exchanges.
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- Uncategorized
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Cashless Hospitalization, Premiums of $3.90 a Year … and the Program Pays for Itself
Beset with high levels of preventable illness and avoidable hospital admissions, India needs a risk coverage instrument that shields poor and low-income households. Grameen Koota thinks it's found one; the microfinance organization's insurance plan offers a variety of medical services at an annual premium of $3.90, capturing the pricing benefit of risk-pooling between different households.
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- Health Care
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Cambodian Government Launches $60 Million Project to Help Small Farmers
“The supply and demand in the country is not balanced—like with vegetables, so there are imports to fill the demand,” Commerce Minister Pan Sorasak said at the event yesterday at the Commerce Ministry in Phnom Penh. “We need to understand and organize a system to boost the harvests of these crops.”
- Categories
- Agriculture
- Region
- Asia Pacific
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