Necessity is the mother of disruption: How Indonesia’s Fintech Startups can survive the do-or-die situation of COVID-19
This blog discusses the impact of COVID-19 on FinTechs in Indonesia. It also highlights the coping strategies of start-up FinTechs and provides recommendations for the stakeholders, government, and policymakers to help them survive and catalyze their growth.
MSC has developed a series of conversational comic books for microfinance institutions to create awareness, influence precautionary behavior, and drive safety of the weak and the vulnerable during COVID-19. These comics have been customized for different geographies. You can access the country specific versions below.
Micro and small enterprises: Will the pandemic put an end to their business?
This blog looks at the impact of the COVID-19 pandemic on micro and small enterprises (MSEs) across low- and middle-income countries, which are particularly vulnerable to shocks. Our research insights will help policymakers and financial institutions support the recovery and rebuilding of the MSME sector in the wake of the disease.
Our ongoing research uncovered a set of unique challenges that cash-in/cash-out (CICO) agents currently face in the context of the COVID-19 pandemic. Here, we look at the experience and behaviors of CICO agents across eight countries and explore ways to support them through favorable policies, even as the disease rages on around the world.
Millions of low-income people across the world use ROSCAs as instruments of savings and credit. Since these people are susceptible to income volatility, ROSCAs give them the unique option to pursue a savings goal, as well as an opportunity to build social capital and creditworthiness.
Deepening financial inclusion through cash transfers: The case of PKH in Indonesia
In 2017, the Government of Indonesia (GoI) began digitizing social benefit transfers to improve delivery efficiency and achieve sustainable financial inclusion. Program Keluarga Harapan (PKH), a conditional cash transfer (CCT) program, was the first major social assistance payment program (G2P) digitized by the government. It provides incentives for the following: Pregnant and lactating mothers, infants, […]