Equity Bank in Kenya is a bank with principles that dictate reaching the majority of the Kenyan population, including those at the base of the pyramid. Its booming business in this area can largely be contributed to lending to people with little collaterals, beyond the potential disgrace of letting friends […]
Micro Finance Banks (MFBs) operating in Nigeria may soon recapitalise using a sum of US$30 billion following the expression of interest by some investors to inject more funds into the sector. Read more here.
BPC Banking Technologies, the leading provider of Open System e-payment solutions for the global financial industry has been selected by Hattha Kaksekar, the 4th largest MFI in Cambodia, to drive its micro-finance business. Read more here.
According to a study of women in India and Ghana, women households engaged in micro enterprise activities in India and Ghana have higher income following certain favourable policy directions from their respective government agencies. Read more here.
Microfinance for women and children is especially emphasized by this microfinance organization called PLAN because it believes establishing basic financial services helps them significantly reduce financial risks. This post also talks about other constructive ways to help the 40 per cent of the 850 million people who have no access […]
This post broadly covers the innovation in microfinance that is Kiva. Anyone in the world with US$ 25 and an internet connection can lend money to people in need. This page also includes an infomercial video. Read more here.
It is largely thought that the uses of microfinance are only in terms of how access to credit to those without banking services increases their returns on investment and increases their assets. However, a new study by researchers from MIT and University of Notre Dame suggests that the greatest impact […]
According to HUL (Hindustan Unilever) Chairman Harish Manwani, corporates with their wide distribution network covering even remotest areas can play a big role along with government in financial inclusion. HUL by itself is set to increase its focus on rural markets. Read more here.
Eight Lessons Learned: Inputs for policy considerations in developing resilience against climate risks for small scale farmers in semi-arid regions, full report
India's latest GST reform, being termed as GST 2.0, is more than just slashing rates. By simplifying the tax structure, cutting levies on essentials, and supporting renewable infrastructure, it's open..
In 2023–24, Indian companies spent about ₹1,396 crore of their CSR budgets on sports — just 4% of the total ₹34,909 crore Indian corporates spent on CSR that year. Most of the rest went to edu..
Under the National Rural Livelihood Mission (NRLM), India has 7.5 million Women Self Help Groups (SHGs) spread across 27 states and 6 Union Territories. Each of these small, self-governed, and peer-co..