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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.
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- Uncategorized
- Region
- South Asia
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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.
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The Power of Partnerships: Why They Can Be the Key to Reaching the Unbanked
In a world of rapid change, few organizations have all the capabilities needed to accomplish every aspect of their business - something that's clearly true for commercial banks. That's why financial institutions often find success in adapting to new opportunities through partnering. In a new publication, the Center for Financial Inclusion explores how banks use partners to adopt new technologies and reach previously underserved markets.
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Zimbabwe to formalize microinsurance firms
ZIMBABWE is working on a framework to regulate and formalise operations of microinsurance firms targeting low income earners, the Insurance and Pensions Commission said. Microinsurance has been identified as a critical instrument for delivering effective and efficient insurance services and products as well as promoting financial inclusion.
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- Uncategorized
- Region
- Sub-Saharan Africa
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IFMR Investment Managers raises $15 million debt fund targeting microfinance firms
Chennai-based IFMR Investment Managers, a wholly owned subsidiary of IFMR Capital, is raising a Rs 100 crore (around $ 15 million) debt fund to invest in the microfinance businesses.
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- Uncategorized
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- South Asia
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Three Growth Strategies to Boost Sri Lanka’s Microfinance Sector
Sri Lanka's microfinance industry is expected to reach maturity in the next few years, so market penetration growth strategies will shape the growth of successful players. But there is limited industry research on the country’s microfinance sector. Intellecap has attempted to bridge this gap by presenting the following market opportunities and growth strategies, based on conversations with leading practitioners, policy makers and capital providers.
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- Uncategorized
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More Cambodians struggling to repay MFI loans
Banking industry insiders expressed concern yesterday over a spike in the amount of delinquent debts reported by microfinance institutions (MFIs) across the Kingdom, which they attributed to farmers struggling to repay their loans after adverse weather conditions affected their crops.
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- Uncategorized
- Region
- South Asia
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- microfinance
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Kiva Debuts New Direct to Social Enterprise Program
Earlier this week, microfinance platform Kiva announced the launch of its new direct to social enterprise program, which is described as a pilot program that aims to raise capital for social enterprises in a new and more efficient way.
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- Impact Assessment
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