-
Weekly Roundup: Dubious Controversy, Outrageous Pricing and Angels in South Africa
Among the week's highlights (and lowlights): Grameen Foundation and Muhammad Yunus make an unwelcome entrance into U.S. presidential politics, Mylan Pharmaceuticals defends itself from price-gouging accusations, and a business angel network launches in South Africa.
- Categories
- Education, Health Care, Investing, Social Enterprise
-
Bank of Ghana to weed out unscrupulous microfinance institutions
The Bank of Ghana (BoG) is strengthening its licensing requirements in order to weed out unscrupulous microfinance institutions from the system. Dr Abdul-Nashiru Issahaku, the Governor of Bank of Ghana, said recent events had shown that unregulated and poorly supervised financial systems might lead to risky behaviours and undermine the growth process.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Uganda: Stop Cheating Clients, Minister Urges Microfinance Institutions
The minister for Microfinance, Mr Kyeyune Haruna Kasolo, has warned microfinance institutions to stop cheating the general public by charging very high interest rates on loans.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Borrowing and Saving – Not Two Sides of the Same Coin
From a mathematical point of view, borrowing and saving are mirror images. In both cases many small payments allow for one or more large payouts. Only the sequence differs. But after traveling to India and Kenya as part of a research project, we were struck by vast differences in the way people make borrowing and savings decisions - and these have profound implications for financial service providers.
- Categories
- Uncategorized
-
Visa to Offer Debit Cards to Millions of Micro Financial Users in Pakistan
Mobile Financial Service, JazzCash, which is a collaboration of Mobilink and Mobilink Microfinance Bank, has entered into a partnership with global payments technology company, Visa, to offer Visa debit cards to consumers.
- Categories
- Technology
- Region
- North Africa & Near East
-
U.S. Small Business Administration and Grameen America Partner to Provide Microloans for Entrepreneurs
WASHINGTON -- The U.S. Small Business Administration (SBA) and Grameen America, Inc., a leading nonprofit microfinance organization, today announced a renewed partnership to extend a capital pipeline to underserved American entrepreneurs. Effective immediately, Grameen America will join SBA's Microloan Program as an intermediary lender recipient of $2.5 million.
- Categories
- Uncategorized
- Region
- North America
-
Press Release: SAJIDA Foundation partners with bKash to increase access to financial services for women using digital technology
SAJIDA Foundation, a non-governmental organization (NGO) providing microfinance services to poor and low income people in Bangladesh, and bKash Limited, a leading Mobile Financial Service (MFS) provider in the world, launched a new MFS-based microfinance initiative.
- Categories
- Uncategorized
- Region
- South Asia
-
Mobile Money Meets Microcredit: Creating an Evidence-Based Cross-Sell Strategy
Financial institutions serving low-income communities regularly turn to cross-selling to engage clients. But they don't always consider the particular needs of clients themselves. Based on its research on cross-sell initiatives, Bankable Frontier Associates explores what it takes to enhance clients’ engagement and encourage them to actively use multiple products with an institution over time.
- Categories
- Uncategorized
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.