Showing results for "savings"
This report is about how the East African poor manage their money, and how microfinance institutions (MFIs) might help them do it better.
The paper argues that it is time to move away from the preoccupation with “raising income” to focusing on “improving net wealth and income security”.
This report shares findings that improve knowledge and understanding of how poor people in Uganda save with the informal mechanisms like banks, moneylenders, pawnbrokers, money guards, deposit collectors, ROSCAs, ASCAs
The paper examines the need for microfinance institutions (MFIs) to offer their clients new financial products.
Based on experiences drawn from Bangladesh, this essay puts forward a case for voluntary, open-access savings schemes as a profitable alternative to compulsory, locked-in savings schemes.
The Indian government increased its expenditure on the social sector from USD 108 billion to USD 253 billion between FY 2016-2023. However, the achievement of actual outcomes is crippled by challenges in fund release and payment processing. MSC designed the smart payments system to resolve some of the challenges and reduce friction in payments, while also reducing significant administrative burden. Implementation of the smart payments solution can streamline all government payments. Read the blog to learn more.