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Microfinance Clients In Groups Report Better Experience Than Individual Borrowers
These insights are from a preliminary look at the latest Microfinance Index (MFI), a survey of microfinance clients conducted by impact measurement company 60 Decibels.
- Categories
- Finance, Impact Assessment, Technology
- Region
- Global
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Press Release: GIZ and Seedstars Launch Joint Initiative to Boost Financial Inclusion and Innovation in Palestine
Although 60% of adults possess bank accounts in Palestine, a mere 10% utilize credit products, owing to limited financial literacy and inadequate financial offerings.
- Categories
- Finance
- Region
- North Africa & Near East
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Press Release: Global Microfinance Index Announces Early Insights, Top Impact Award Winners and 3 New Tools to Access the Data
Now in its second year, 60 Decibels releases 5 key findings from the world's largest financial inclusion index grounded in human voice, ahead of its public report launch later this year.
- Categories
- Finance
- Region
- Global
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How Innovation Created an Off-Grid Solar Market in Rural Bangladesh — And What Other Countries Can Learn from this Model
In the early 2000s, a small-scale World Bank pilot project in Bangladesh unexpectedly grew into the largest off-grid solar program in the world. According to Nancy Wimmer at microSOLAR, the program's success provided the rest of the world with a model for how low- and middle-income countries can develop a nationwide, rural market for decentralized solar systems driven by home-grown companies. She explores how other countries can adapt Bangladesh’s market-creating innovations to their own local environments.
- Categories
- Energy, Technology
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African Development Bank, Government of Chad Sign $650,000 Grant Agreement to Extend Digital Financial and Non-financial Services to Women and Youth
The funding will advance the Microfinance Development Support Project for Women and Youth Entrepreneurship.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Global Financial Inclusion Initiative Expands to Collect Over 1 Million Unique Data Points in 2023
Now in its second year, the 2023 Microfinance Index will survey 30,000+ microfinance clients in 30 countries focusing specifically on clients in Cambodia, India, Indonesia, Uganda, and Ecuador.
- Categories
- Finance, Impact Assessment
- Region
- Global
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Press Release: Symbiotics Investments Provides a US $10 Million Gender-Focused Bond to Khan Bank in Mongolia
This is the first bond in Mongolia with the explicit purpose of supporting the SDGs through a gender lens.
- Categories
- Investing
- Region
- Asia Pacific
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Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific