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Microfinance Apex Bank Proposed in Ghana
Speedy establishment of a Microfinance Apex Bank has been proposed to bolster the microfinance sector, critical for poverty reduction through financial empowerment of low-income people.
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- Uncategorized
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User Participation: The Secret to Successful Prototyping
This is the final post in a three-part series from Grameen Foundation that has discussed designing products and services for poor people. In this post, Tanya Rabourn reviews how to involve the user in the prototyping process to ensure a financial product that will truly serve their needs.
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- Education, Technology
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Inclusion — don’t count on banks
We need thousands of small private sector financial intermediaries for promoting financial inclusion.
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- Uncategorized
- Region
- South Asia
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Weekly Roundup – 10/19/13: Will the FI2020 movement do for financial exclusion what the MDGs have done for poverty and disease?
Since 2000, the Millennium Development Goals have focused the world’s attention on alleviating poverty, hunger and disease, mobilizing massive human and financial capital and bringing undeniable results. The takeaway: solving big problems requires a sense of purpose, specific goals – and a clear timeframe. In a few weeks, the FI2020 movement will put that formula to the test to solve the global problem of financial exclusion.
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- Uncategorized
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Agricultural Mobile Finance: Understanding patterns of daily life at the BoP to leverage market solutions
The growth of mobile technology can lead to disruptive business model innovations in many sectors. One such innovation is agricultural mobile finance that can benefit all the participants in the field-to-fork value chain. But connecting farmers to formal banking on their mobile phones will require multi-stakeholder alliances, market research and an end-user design approach, says Lee Babcock.
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- Agriculture, Education
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Indonesia’s Financial Services Authority Launches Micro-insurance
The Financial Services Authority (OJK) hopes a newly launched blueprint will support the marketing and implementation of micro-insurance products across Indonesia by 2016.According to OJK commissioner overseeing non-banking financial industry Firdaus Djaelani, it is expected that the blueprint will help expand the micro-insurance segment in the domestic market.
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- Uncategorized
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Rwanda: ‘Ensuring Universal Access to Financial Services Key Priority’
Increasing access to financial services is one of the Government's priorities as Rwanda looks to ensure a self-reliant populace, John Rwangombwa, the central bank governor, has said."Rwanda's vision is to ensure financial inclusion, especially for the rural masses. In fact, we have made significant progress towards this target. So far, we have been able to double formal financial inclusion from 21 per cent of adults in 2008 to 42 per cent as at the end of last year," Rwangombwa noted.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Nigeria’s Bank of Industry Seeks to Empower Women with Financial Inclusion Strategy
For Nigeria to realise its economic goals, a paradigm shift in the nation’s financial inclusion strategy may have become imperative.This was the view of the Managing Director, Bank of Industry (BoI), Ms. Evelyn Oputu during at the microfinance conference organized by LAPO Microfinance Bank Limited in Lagos, yesterday.
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- Uncategorized
- Region
- Sub-Saharan Africa
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