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Social Entrepreneur Building Rural Economy, Urges MFIs to Launch Disaster Fund
Yunus, was speaking on June 6, Saturday, at a webinar organised by Sa-Dhan, the platform for Indian MFIs
- Categories
- Coronavirus, Environment, Finance
- Region
- Asia Pacific
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Reducing the Costs of Migration: How Better Data Can Lead to Better Policy – and Better Prices – in Migrant Remittances
International migration has become a pressing global issue, and one that's likely to grow in the coming years. One way to help economies absorb migrants with minimal disruption is to improve their access to affordable, formal cross-border remittances. But according to Damola Owolade at FinMark Trust, this goal may be easier said than done, as accurate data on remittance pricing can be surprisingly hard to acquire.
- Categories
- Finance
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Online Remittances: Closing The Gender Gap
According to the U.N., remittance sending behaviour of migrant women often involves a higher financial cost as they tend to send smaller amounts of their income more frequently and are subjected to paying more in transactions fees.
- Categories
- Finance
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Migrant Returnees Turn to Mobile Money in Sudan
Sudan presents a complex and diverse migration profile as a source, transit and destination country at the centre of multiple migration routes and is host to several migrant populations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, migrants, migration, mobile money, MTN
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Q&A: Help Others or Go Bust, Migrant Billionaire Tells Big Business
Hamdi Ulukaya says the days of companies being run solely to maximise profit for shareholders are over.
- Categories
- Entrepreneurship
- Region
- North America
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Viewpoint: Remittances, The Flywheel Of The Global Economy
In a world roiled by populist sentiments and anti-immigrant tendencies, the world’s well-trodden migration corridors, which follow remittance corridors one to one, are under strain.
- Categories
- Finance
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Remittances to developing world hit record in 2019: World Bank
Money transfers to poor and developing countries hit a fresh record in 2018 and should become their largest source of external financing this year, the World Bank said Monday.
- Categories
- Finance
- Tags
- LMICs, migration, remittances, World Bank
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Boycott Myanmar: An Open Letter to the Microfinance Community
In response to global events, microfinance has quickly ramped up its focus on refugees. But when those refugees are the Rohingya – the Muslim minority being expelled from Myanmar (and the world’s latest victims of genocide) – this new focus raises some difficult questions, says Daniel Rozas. Why isn’t anyone in the sector talking about the unspeakable atrocities being conducted and condoned in one of the fastest-growing microfinance markets in the world? “There is no way around it: When we work in Myanmar, we are complicit in ethnic cleansing,” Rozas says, in a bold call for a country-wide boycott.
- Categories
- Finance