Showing results for "group lending"
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.
Financial institutions have a clear opportunity to enhance access to formal financial services for MSMEs. Let us examine from this blog whether digital approaches can give the needed access to MSMEs.
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.