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Zimbabwe’s Microfinance Institutions Have Lost Their Way, Says Reserve Bank Governor
The Reserve Bank of Zimbabwe Says Microfinance institutions have lost their way as they are concentrating on maximising profit and need re-orientation to ensure they focus on supporting marginalised people living in rural areas to promote financial inclusion.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Leveraging Public Assistance to Promote Financial Inclusion in America
In a report out today, the Asset Building Program at New America argues that Temporary Assistance for Needy Families (TANF)—the national welfare program designed to help move low-income families to employment and reduce dependency on the safety net—has features that keep families in the financial margins and make it harder to get out of poverty.
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- Uncategorized
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Smart Campaign Recognizes Five Indian Financial Institutions for Exceptional Standards of Client Care
Arohan, Grameen Koota, Janalakshmi, Sonata and Utkarsh Awarded Smart Certification at Inclusive Finance India Summit in New Delhi.
- Categories
- Uncategorized
- Region
- South Asia
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Metlife Foundation Partners with Duke University to Identify New Ways to Help Low-to-Middle-Income Americans Better Manage Their Finances
MetLife Foundation and Duke University today announced that, with support from MetLife Foundation, Duke University is launching the CommonCents Lab (the “Lab”), an initiative that will apply behavioral economics to identify new ways to help millions of Americans improve their saving and spending habits.
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- Uncategorized
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Africa’s Banks Pressured by Bad Loans
Africa’s banks are under pressure from non-performing loans, credit agency Moody’s said on Tuesday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending
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CSR and Financial Literacy in India
Abright orange bus is parked in Maralur Dinne, a village in Karnataka’s Tumakuru district. In the shade of that bus, 32-year-old Varalakshmi is trying her best to sell a garland of plastic flowers for Rs.20 to a woman who wants a discount.
- Categories
- Uncategorized
- Region
- South Asia
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Can Mexico be the hub for fintech in Latin America?
Mexico is in a nascent stage but there’s a wealth of burgeoning innovation centres and resources like incubators and accelerators for startups to use.
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- Uncategorized
- Region
- Latin America
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Obama Administration Targets ‘Unbanked’ Households in New Initiative
The Obama administration launched a new initiative this week to boost banking access for millions of Americans who don’t currently have checking or savings accounts.
- Categories
- Uncategorized
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