News Archive - Page 256 of 366

Recent Developments, <br /> Key Innovations, and <br /> Insightful Reports

Recent Developments,
Key Innovations, and
Insightful Reports

Your One Stop Platform for Regular Sector Updates

Sector news

Brazil: Helping Bolsa Familia develop better products

Bolsa Familia is one of the largest CCT (Conditional Cash Transfer) programmes of the many in the category of the G2Ps. The challenge being faced by Bolsa Familia providers is the prevalence of the misconception that the recipients are very poor people who are more comfortable handling cash. In order […]

September 10, 2012

Programmes help poor Americans with banking services

Despite being residents of a developed nations, there are several Americans who are financially unincluded and hence must bear the burden of living without bank accounts and financial services which make the everyday lives of people easier. Now, new programmes being carried out in California, which help the poor with […]

September 10, 2012

Banks now leading the charge in developing markets

The mobile banking revolution, which originated with Safaricom’s M-PESA in Kenya is now being led by mainstream banks which wish to tap the previously unexplored markets in developing countries. More and more banks are coming out with their own mobile banking services, which have been seen to be very useful […]

September 10, 2012

Kenya: Small traders shun loans from MFIs

Many small-scale businesspersons in Kenya are moving away from the trend of borrowing money from microfinance institutions because of the high interest rates and strict repayment conditions which make the overall loan maintenance and repayment tough for the people. Interest rates from the typical MFIs are higher than those from […]

September 10, 2012

How MFIs can manage default risk while building financial inclusion

Tiered lending is the way to proceed for MFIs which seek to avoid defaults within group lending systems as well as adhere to their original social mission. For this, a thorough and adequate understanding of the clients, their incomes and their needs is required. Read more here.

September 10, 2012

India: Why people would rather save with Sahara

The poor would rather take a loan at a high interest rate and simultaneously save that amount in a low-interest paying bank account to enforce saving discipline which is otherwise hard to follow as no banks accept daily amounts, and by the time the daily wage earners are ready to […]

September 10, 2012

Guatemalan microfinance bill under debate

The microfinance bill prepared by the Interinstitutional Committee of the Ministry of Finance, and SIB (Superintendency of Guatemalan Banks) was recently opened to comments, suggestions and corrections. Read more here.

September 10, 2012

Ghana: Microfinance market becoming crowded, tighter regulations required

According to the Managing Director of Procredit in Ghana, Mrs Sarah Tsien Zetterli, the microfinance market in Ghana is close to saturation and had become overcrowded. She called on the Bank of Ghana to regulate the number of new entries into the market. Read more here. Even the GAMC (Ghana […]

September 10, 2012

India: Government sponsored schemes for poor exist, yet do not serve the poor

The single most common event that makes the poor lose all their savings (mostly under-the-mattress kind) are health problems. These come unexpectedly and exhaust their limited supplies, sometimes making them sell their capital sources of income. In India, while government schemes to protect the rural poor from this catastrophe do […]