Showing results for "savings"
Income plummets in Bangladesh as a result of Covid-19 – Stuart Rutherford’s Hrishipara diaries reveal, in graphic detail, the daunting scale of the challenges facing the poor worldwide.
To commemorate International Women’s Day, the Ministry of Petroleum and Natural Gas (MoPNG), in partnership with MSC (MicroSave Consulting), is organizing a workshop on “Pradhan Mantri Ujjwala Yojana: Achievements and implications on gender and the SDGs, and the way forward”. The workshop will be hosted at India Habitat Centre in New Delhi on March 6, 2020
Alarmingly, most users who sign up for digital financial services do not actually end up using them, largely due to a lack of trust in agents. This holds true even in the case of relatively “advanced” geographies. “Trust busters” examines the evidence and lists out 12 reasons behind this worrying trend of interest in agency banking that fails to convert into regular usage.
In 2017, the Government of Indonesia (GoI) began digitizing social benefit transfers to improve delivery efficiency and achieve sustainable financial inclusion. Program Keluarga Harapan (PKH), a conditional cash transfer (CCT) program, was the first major social assistance payment program (G2P) digitized by the government. It provides incentives for the following: Pregnant and lactating mothers, infants, […]
In Kenya, the demand for digital credit as a substitute for both informal and formal financial services is strong. Yet the question remains—is the reach of digital credit wide enough to help all Kenyans who need instant credit? This blog discusses the current context and gaps relating to specific customer segments, and the associated behavioral traits and challenges. It also highlights key recommendations made to providers based on the insights and lessons from Kenya.
We explore the importance of digitization for MFIs and the impact of microfinance in empowering women in Bangladesh through our concept of “Financial Services Space”.