Showing results for "group lending"
About 17% of businesses surveyed by MSC in India, Indonesia, Kenya, and the Philippines have closed due to local restrictions and low demand for goods and services. Meanwhile, micro and small enterprises (MSEs) in the informal sector fared worse. Digitization brings ample opportunities to MSMEs. More from this blog.
To help the MSME sector recover from the pandemic, the Government of Indonesia (GoI) has budgeted IDR 123 trillion (USD 8.4 billion) as part of the National Economic Recovery Program (Program Pemulihan Ekonomi Nasional). This blog highlights the opportunities and steps needed for FinTech platforms to support the economic recovery efforts of GoI.
Digital agricultural services are gaining ground globally and transforming agriculture for smallholder cultivators. The unification of these largely unintegrated services offers a stronger proposition for actors in agricultural ecosystems. This blog explores how the journey of unification can be started and the opportunities it offers stakeholders.
One of them is transforming invoice financing and the other one is transforming mobile applications to serve the underserved – here we uncover stories of two alumna start-ups who joined us from cohort 1 into cohort 2.
This blog covers the challenges and opportunities born from the COVID-19 pandemic, for both small and established FinTechs, particularly in the emerging markets. It sets the stage for part two, where we discuss how these FinTechs face these unprecedented challenges.
Read MSC’s take on the impact of the COVID-19 lockdowns on MFIs. Join our journey as we examine the surprising resilience of Indian MFIs. The blog compares past challenges like demonetization and traces how MFIs bounced back each time. The lockdown enforced to control the spread of coronavirus in 2020 has been the most severe crisis to hit the sector. Hopefully, MFIs will once again emerge resiliently.