Incofin Sells Equity Stake in Annapurna Microfinance of India as Asian Development Bank, Bamboo Financial Inclusion Fund, Oikocredit Buy In

Continue Reading

EFSE and Mobiasbanca Advance Financial Education in Moldova

Continue Reading

EFSE and Bank of Georgia Group Expand Financing for MSEs

Continue Reading

AML/CFT Regulations for Mobile Financial Services (MFS): Policy Options for Bangladesh

Continue Reading

Malawi and IFAD launch new project to reduce extreme poverty among poor rural households

Continue Reading

Papua New Guinea: Women’s Micro-bank to Open Access Centers to Test New Branchless Banking Model

Continue Reading

NexThought Monday: Our inaugural podcast – a conversation with the MasterCard Foundation’s Ann Miles

In April, the MasterCard Foundation Fund for Rural Prosperity awarded over $10 million to five innovative companies working to increase financial access in rural Africa, through its now-annual Scaling Competition. The winners included both lesser-known firms and companies that are household names to anyone who’s followed mobile finance’s stunning growth on the continent. According to Ann Miles, Director of Financial Inclusion & Youth Livelihoods at the MasterCard Foundation, the foundation selected companies with some key characteristics in common: “What’s most important to us is to learn from models and approaches that have worked. … Even though this engages private sector companies, this has to be more than a business proposition.”

Continue Reading

Tanzania: VP Calls for Promotion of Women Financial Inclusion

Vice-President Samia Suluhu Hassan has touted the need to increase women's financial inclusion as way to address women problems particularly lifting them from abject poverty. According to 2014 Financial Capability Survey, over 60 per cent of women particularly in the rural areas are less informed of money matters. Practically, women have mostly relied on informal financial service providers like informal groups, friends and relatives.

Continue Reading

Digitizing Agriculture Value Chains: Building Value for Farmers

The benefits for buyers of digitizing agricultural produce payments are both clear and persuasive. Exporters, cooperatives, and the many middlemen involved, benefit significantly from reduced costs and increased security by avoiding cash. For the more progressive, there are also benefits of payment transparency and data collection. However, as CGAP has noted before, DFS innovations in the agricultural context – driven by benefits for buyers – are not sufficiently based on financial needs and behaviors of smallholders. Slow uptake is largely due to resistance from the farmers who are the intended recipients of digital payments.

Continue Reading

La Superintendencia del Sistema Financiero creará intendencia de inclusión financiera

Continue Reading