CFI Blog

What Is “Financial Capability?”

What Is Financial Capability

The word “financial capability” was said multiple times in the Financial Inclusion 2020 London, by speakers who were giving solutions to eradicate poverty through financial inclusion. However, there is no clear definition of financial capability. Some say it is how well you manage money on a day-to-day basis, but there is no concrete definition to … Read more

G2P and Gender: When Will Pakistani Women Be Able to Withdraw Their Own Money?

When Will Pakistani Women Be Able to Withdraw Their Own Money

The state of financial inclusion has improved a lot over the past few decades due to the cumulative effort of many countries and international organizations around the globe. In fact, there are many institutions that are working on a global scale to identify critical regions that need to increase their rate of financial inclusion and … Read more

Calling All Innovations in Financial Capability: A New FI2020 Project Needs to Hear About You

Calling All Innovations in Financial Capability

The success of financial inclusion is judged by the number of people who are converted from unbanked to banked. Being ‘banked’ means that the person holds a transaction account in a financial institution (commercial banks, cooperatives, or microfinance institutes). However, simply having an account to your name is not enough. The person should be empowered … Read more

Post Offices Fill Financial Inclusion Gaps

Postal Offices Fill Financial Inclusion Gaps

Reaching the financially excluded section of people around the world has become even tougher, especially after the Covid-19 pandemic. Within the financially excluded areas, people do require financial assistance from various services however opening a brand new branch can be a little expensive. It will take a lot of investment to open up different kinds … Read more

What is It Like to Be a ‘Digital Immigrant’ in a Developing Country?

What is It Like to Be a ‘Digital Immigrant’ in a Developing Country

Digital immigrants as the name suggest referring to people who were not born technologically ridden world. They were born prior to 1985 when technology was not widely used. However the world has changed and nowadays people use technological products every time in their life, from electric brushes to AI-based alarm watches; there is a technological … Read more

Part of a Toolbox: Angus Deaton Urges Reconsideration of the Role of RCTs

Angus Deaton Urges Reconsideration of the Role of RCTs

Labor markets and economic evaluation constantly need surveys, studies, research, etc. But to compile information on such a dynamic scale requires hoards of data sets that are not readily available. Here’s where RCT, or randomized controlled trials, come in. Randomized Controlled Test is becoming popular for various implementations, such as welfare programs and labor markets … Read more

Financial Inclusion From a Consumer Perspective

Financial Inclusion From a Consumer Perspective

Financial Inclusion as a term has become quite commonplace for all service providers and policymakers from all over the world. As their main priority is to create a financial system that can be spread out to every section of society. No matter the social class or standing of these people they can easily get financial … Read more

Microfinance And The Economic Toll of Ebola

Microfinance And The Economic Toll of Ebola

The economic situation of West African countries like Sierra Leone, Liberia, and Guinea has gone through a tumultuous time. Especially in the case of Sierra Leone where there has been an 11-year-long civil war. What is it like to be a digital immigrant in a developing country? So this part of the African continent required … Read more