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Survey: Multiple microloans making borrowers highly indebted in Indonesia
Fifty-nine percent of micro borrowers may be indebted as they face difficulties managing their finances to repay their mounting loans, according to a recent survey conducted in four cities in West Java.
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- Uncategorized
- Region
- Asia Pacific
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Making Microfinance More Effective
For the 2.5 billion people who live on less than $2 per day, shocks such as illness, crop failures, livestock deaths, farming-equipment breakdowns and even wedding or funeral expenses can be enough to tip them, their families, or even an entire community below the poverty line. A major challenge for international development efforts is determining which financial tools provide durable buffers against such setbacks.
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- Uncategorized
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Weekly Roundup: Preventing Zika, Improving Microfinance and Percolating Progress
It’s not too early to start thinking of creative differential pricing strategies that might help poor people afford a Zika vaccine; it's not too late for microfinance to regain some of the allure it's lost in recent years; and the time is just right for East Africa to up its coffee production game. Read all about these items, and more, in our Weekly Roundup.
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- Uncategorized
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State Bank of Pakistan Aims for 50 Percent Financial Inclusion by 2020
State Bank of Pakistan (SBP) Deputy Governor Saeed Ahmed said that the central bank was pursuing a three-pronged strategy (3PS) to achieve the goal of 50 percent financial inclusion by the year 2020.
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- Uncategorized
- Region
- North Africa & Near East
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The G2P Silver Bullet? Not So Fast.
Many governments offer cash transfers to millions of people at or below the poverty line, most of whom are not connected to the formal financial system. If these cash transfers are funneled into bank accounts rather than paid directly out in cash, these people immediately gain an on-ramp to financial services. But there is a resounding dissonance between enthusiasm for this solution, and the evidence to date.
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- Uncategorized
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Tanzanian microinsurance startup Jamii prepares to expand across Africa
Tanzanian micro-health insurance startup Jamii will be expanding across Africa, on the back of grant money from the Bill and Melinda Gates Foundation.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Microfinance Sees Huge Opportunity Following Banks’ Interest Rates Cap in Kenya
Micro Finance Banks see a huge opportunity for growth as bankers implement the new banking law capping Interest Rates at 4 per cent above the Central Banks Rate.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Finalists Announced for 7th European Microfinance Award on Access to Education
On Wednesday 21st September 2016, the Selection Committee for the 7th European Microfinance Award, on “Microfinance and Access to Education”, composed of members of the Ministry of Foreign and European Affairs, European Microfinance Platform (e-MFP) and Inclusive Finance Network Luxembourg (InFiNe.lu), chose the three finalists who will go on to compete for the €100,000 prize: Fundación Génesis Empresarial from Guatemala; Kashf Foundation from Pakistan; and Opportunity Bank of Uganda. This year, the Award recognises the role of microfinance in enabling access to education for children and/or skill-training for youth and adults to enhance their employment and self-employment opportunities.
- Categories
- Education
- Tags
- microfinance
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