A Review of ‘The Case for Social Investment in Microcredit’ by Tim Ogden

A Review of The Case for Social Investment in Microcredit by Tim Ogden

Microfinance is a form of microcredit that provides loans and financial support to various small enterprises and businesses for their growth and development. It has been proved in a study that around 1.6 billion people around the world are unbanked and without essential financial services. Most of the people falling in this group mostly belong … Read more

Increasing Poverty Outreach: Suggestions from Recent Research

Increasing Poverty Outreach Suggestions from Recent Research

Microfinance is failing on many counts. A more comprehensive method must be developed for better financial inclusion. Latin America has successfully constructed a framework for better financial upliftment and inclusion framework for ushering in an era of prosperity. Collaborating with 41 microfinance institutions, Latin American countries are showing the path as to how outreach programs … Read more

Microfinance as a Mobile Game for Teens

Microfinance as a Mobile Game for Teens

This is very true that these days, almost everyone is addicted to their phones. No matter where you are, you will find most people on their phones, some playing games, some watching movies and some simply scrolling through their social media.  The good thing about this is if you want to reach millions of people … Read more

Mobile Financial Services- A Technology Primer and Implications for Financial Inclusion

Mobile Financial Services- A Technology Primer and Implications for Financial Inclusion

We cannot deny the fact that mobiles have completely taken over. Now you can do everything through your phone, starting from watching movies, listening to music, and keeping a track of things to buying things, making payments, sending money, etc. We wake up from our phone’s alarm and sleep at night after scrolling through all … Read more

Why Low-Income Mexicans Don’t Use Formal Savings Products?

Why Aren't People Saving Money in Mexico?

Mexico is a mixed economy developing country. It has a fairly stable economy and unlike other developing countries, over 70% of Mexico’s population falls in the urbanized sector with relatively easier access to physical banks and other financial service providers. Even after having such a huge population in Urban areas, the Mexican population has abstained … Read more

Asset-Based Financing and Flexible Repayment Schedules to Better Serve Africa’s Smallholder Farmers

Asset-Based Financing and Flexible Repayment Schedules to Better Serve Africa’s Smallholder Farmers

Most loan policies are formed in such a way that the needs of low-income people or people with unstable incomes are generally ignored. The loan policies need to be more flexible so that they can be more inclusive and can fulfill everyone’s needs.  When it comes to loans, the biggest problem is the fixed repayment … Read more

Microfinance As a Tool to Fight Corruption

Microfinance As a Tool to Fight Corruption

Where microfinancing helps people to grow, corruption acts as a hurdle in their growth. Microfinancing means providing monetary help (small loans) to people in need. People can use this money to start their businesses or pay their bills. It is generally provided by banks or other microfinancing institutions.  But corruption is everywhere. As per some … Read more