Tag: Financial health

MSC conducted a deep-dive analysis of the digital credit users in India, Indonesia, and Kenya to assess the impact of digital credit on their financial health. The analysis presents the insights from the assessment and recommends actionable interventions at the level of providers, regulators, and policymakers to enhance the financial health of digital credit users.

Many LMI households in India lack timely access to good quality medical care. Further, steep healthcare bills are deterrents to timely treatment, and out-of-pocket medical expenses have pushed more than 55 million Indians into poverty. Qonect, a HealthTech platform, helps patients connect with medical service providers and provides credit for medical expenses.

Bank Asia and MSC Global Consulting Pte Limited (MSC) signed a Memorandum of Understanding (MoU) in a virtual event on 10th November, 2021 to build resilience and financial health for Bangladesh Post’s e-centers and low- and moderate-income (LMI) group customers with support from MetLife Foundation.

Lakshya is a digital savings platform that provides access to formal savings and insurance to low- and middle-income (LMI) segments in India. It promotes the uptake of formal financial services and financial health within the community. This blog explores the journey of Lakshya and the positive impact it hopes to create within LMI segments.

Highlights from MSC workshop in Delhi on 4th March, 2020 in collaboration with NITI Aayog and the Bill & Melinda Gates Foundation

For the underserved populations of rural Bangladesh, mobile financial services promise to be the gateway to full-fledged financial services in the future.