Bangladesh – the basket case that taught microfinance to the world
As Bangladesh celebrates 50 years of independence, we look back at one of its greatest gifts to the world—microfinance. This blog highlights the role of Bangladesh’s four pioneering institutions—Grameen Bank, BRAC, ASA, and BURO Bangladesh—in the origin of microfinance and its local popularization, global adaptation, business model optimization, and product innovation.
Strengthening the digital ecosystem: Expanding the adoption of Quick Response Code Indonesian Standard (QRIS) among MSMEs in Indonesia
In 2019, Bank Indonesia launched the Quick Response Indonesian Standard (QRIS) solution as part of its payment system vision for 2025 to encourage Indonesia’s 65 million MSMEs to adopt cashless payments. This blog explores challenges in the implementation of QRIS and offers recommendations to improve its uptake in Indonesia.
The disruptors get disrupted: Indian FinTechs during COVID-19
This blog, based on MSC’s three-phase study, explores the impact of COVID-19 on Indian FinTechs and various strategies that helped them survive and recover. It further provides recommendations for regulators and accelerators to support FinTechs holistically and sustainably.
Vaccine hesitancy—an impending barrier to India’s COVID-19 vaccination program
As India scrambles to vaccinate its population, it faces a major barrier—vaccine hesitancy. This blog charts a three-pronged approach that combines interventions from both the demand and supply sides to address this issue.
How did COVID-19 affect the incomes of migrants and low-wage workers in India?
The case study is about the impact of the COVID-19 pandemic and the resulting lockdowns on migrants and the low-income group in India. It captures stories of migrants who were stranded away from their homes without any livelihood. The case study also highlights the adverse effects of the pandemic on the income and jobs of daily wage workers.