Showing results for "savings"
As part of the i3 Program in Bangladesh, we met Khushi, a micro-merchant in Khilgaon, Dhaka. Khushi’s story reflects the journey of more than 2 million micro-merchants who transitioned to a digital mode of payment and kept their businesses running during the COVID-19 pandemic.
Since the onset of the pandemic, the low- and moderate-income (LMI) segment had a direct impact on their day-to-day life. We reflect through Kabita, an LMI customer in Bangladesh, on the barriers LMIs faced during the pandemic and how DFS nudged them towards building resilience.
During the pandemic, Duong Thi Thuy, a mobile money agent in the Quang Ninh province, improvised her business to help her community follow the guidelines on social distancing and government norms. This is her story about the adoption of DFS and how it changed her life.
The activities of many entrepreneurs in Senegal require financial flexibility that banks and microfinance institutions find difficult to provide. Life would be much easier for people like Abdoulaye, if financial institutions were to partner with money transfer companies to create digital profiles and develop an alternative credit history to extend them credit. Read Abdoulaye’s story.
This blog looks at success stories of how microinsurance has addressed climate and disaster risks. It also highlights how bundling helps microinsurance utilize technology and develop the technical capacity to deliver better products
Despite significant progress in financial inclusion, low-income working women have not been able to derive benefits, even when they receive their wages digitally.