Showing results for "group lending"
India has more than 63.39 million micro, small, and medium enterprises (MSMEs), which employ 111 million people and cumulatively contribute 30.27% to the GDP. Yet these MSMEs face two related but significant challenges—access to capital and market. Open Network for Digital Commerce (ONDC) is an initiative to promote open networks for the exchange of goods and services over digital or electronic networks nationwide. Our blog talks about the crucial role ONDC could play to unlock lending opportunities for MSMEs and improve their access to online marketplaces.
Digital payments in India are about to reach an inflection point where we expect a threefold growth in value to USD 10 trillion by 2026, with every two out of three payments being non-cash. Our two-part series highlights the evolutionary and revolutionary initiatives in India that are currently driving the growth of digital payments.
MSC conducted a study that delves into women’s experiences as users of online lending platforms in Indonesia. We ran the study in collaboration with the Department of Criminology of the University of Indonesia, with support from Indonesia’s Ministry of Women Empowerment and Child Protection (MoWECP). In the study, we used a gender lens to examine the risks in online lending platforms unique to women. The study findings led us to distill recommendations to improve the future of online consumer protection in Indonesia.
FPCs are powerful tools to allow smallholder farmers more control over the markets where they trade. This helps to transform agriculture productivity and increase small-scale producers’ incomes. However, cluster-based business organizations should recognize the inherent challenges that FPCs face and learn to address the pitfalls in managing FPCs to realize their potential. This blog outlines these challenges and share insights to address such pitfalls.
This blog examines the Kenyan government’s policy reforms to allow entrepreneurs better access to affordable and convenient credit. It specifically looks at how the government’s financial inclusion fund—the Hustler Fund—promises to improve the financial health of MSMEs.
This blog examines the Kenyan government’s policy reforms that allow entrepreneurs better access to affordable and convenient credit. It specifically looks at how the government’s financial inclusion fund—the Hustler Fund—promises to improve the financial health of MSMEs.