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Paying for School: Six Insights for Better Financial Services
The inability to pay fees and other education expenses keeps many children out of school. What is the extent of these challenges, who is affected and what kinds of financial services could help? These questions are explored here by Michelle Kaffenberger and Lauren Braniff, and in a new CGAP publication, “Digital Finance and Innovations in Financing for Education.”
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- Education
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The Hidden Cost of Digital Convenience
Technology has the potential to reduce costs and provide added financial benefits to poor clients, but a new paper discusses a downside to digitizing group microfinance transactions; namely, a reduction in group cohesion and sensitivity to transaction fees. Innovations for Poverty Action and others are partnering with product designers and microfinance groups to overcome these challenges.
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