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How a Mobile Airtime Vendor Became Zimbabwe’s Fastest-Growing Bank: EcoCash has reached a million subscribers in less than 6 months
Money is whizzing through the airwaves and cell towers of Zimbabwe, as a mobile cash transfer system is on track to become the country’s biggest bank. EcoCash, a mobile money transfer service operated by telecommunications company EcoNet Wireless Zimbabwe, has reached a million subscribers in under six months since its launch.
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- Technology, Telecommunications
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Financial Inclusion of Women: The Need for Systemic Approaches, Savings, and Tailored Financial Products
Financial institutions—in particular those in microfinance—need to reexamine the lessons of the past and begin prioritizing the creation of financial services that truly benefit poor women in order to address this divide, said Mary O’Keefe, founder of two leading Mexican microfinance institutions (FINCA and CAME) and ProDesarrollo, the association of microfinance and enterprise development.
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- Uncategorized
