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Kenya urged to adopt Islamic Microfinance to tackle poverty
Participants in the Global Islamic Microfinance Forum at the Intercontinental Hotel in Nairobi. Kenya has been urged to adopt Islamic microfinance business models to help lift many families out of poverty and boost financial inclusion of disadvantaged groups in the country.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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How Technology Can Provide Microentrepreneurs With Simple – and Much-Needed – Rules of Thumb
Microentrepreneurs have the potential to be a growth engine for developing countries, but they often lack business and financial management training. A recent project suggests that behavioral design has the power to unlock the potential of these microentrepreneurs, markedly improving their financial practices and business outcomes and leading to the financial well-being of their families.
- Categories
- Education
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Release of New European Microfinance Platform Action Group Publications
The European Microfinance Platform (e-MFP) Action Groups are gearing up for the European Microfinance Week (EMW) where they'll gather for their annual meetings on 16 November and share their latest findings in panels organized on 17 - 18 November. In anticipation of EMW, the Microfinance & Environment Action Group and the Digital Innovations for Financial Empowerment Action Group have released the following publications.
- Categories
- Environment
- Region
- Europe & Eurasia
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Colombia, Peru tied for first place in new report on global financial inclusion
The 2016 Global Microscope on Financial Inclusion shows that essential policies for bringing financial services to low-income groups are now widespread in the developing world. Nine of the 12 financial inclusion indicators covered in the benchmarking index improved globally in 2016, building on gains made during the last decade.
- Categories
- Uncategorized
- Region
- Latin America
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AMIR, SEEP and Mastercard in partnership to promote transparency in microfinance sector
An initiative that seeks to enhance consumer protection and promote responsible financing has been launched in Kigali. The second phase of the Responsible Finance through Local Leadership and Learning programme also seeks to promote financial transparency in the microfinance industry.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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Grameen Foundation and Freedom from Hunger Unite as One Global Organization
Grameen Foundation and Freedom from Hunger, two global leaders in the fight to end poverty, announced today that they are joining forces to form a single unified global organization. Under the banner of Grameen Foundation, the combined organization will be able to reach more people across the spectrum of poverty, while deepening the focus on the very poor, especially women, its leaders say.
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- Uncategorized
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Weekly Roundup: A 1,030-Enterprise Survey, a Cuba/U.S. Collaboration, and a ‘Big Bet’ Primer
An expansive survey of social enterprises, a new health care collaboration between some old Cold War rivals, and an ambitious exploration of the challenges of "big bets" in philanthropy highlight this week's roundup of social business and global development news.
- Categories
- Agriculture, Education, Health Care, Social Enterprise
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Indian Microfinance Institution Ujjivan to Launch Biometric ATMs
Ujjivan Financial Services Ltd., (Ujjivan), a leading pan-India microfinance institution, which is in process of transforming into a small finance bank (SFB), today announced that it will provide the benefits of ATMs to its unbanked and under-served customers across the country by using biometric enabled machines.
- Categories
- Uncategorized
- Region
- South Asia
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