LMI client impressions from Bangladesh and Vietnam
Various socio-economic dimensions drive the financial needs, aspirations, and behaviors of low- and moderate-income (LMI) customers. Customers from Bangladesh and Vietnam, through these snippets, describe their challenges and how the i3 Program helped them overcome these challenges.
Something to fall back on (Managing income volatility)
As part of the Hrishipara Daily Diaries Project, MSC tracked the income of a brick-breaker in Bangladesh to discover how he manages his household despite fluctuations in income that tosses his household in and out of extreme poverty.
The strange neglect of diversity within microfinance institutions
This blog is Dan Brockington’s highlights on how the branch performance in BRAC-Tanzania varies considerably and seemed to reflect the influence of strong or weak area managers. He notes that this diversity of performance within microfinance organizations matters—it has been neglected and this could cause problems later.
Speculating on the future of financial inclusion: predictions, solutions (and warnings) for the next 20 years
This blog examines whether we will really realize the full potential of the digital revolution. It asks: Who will have access to technology? And what are the technological and psychological barriers inhibiting the uptake and use of “digital”?
Each month, SAJIDA foundation, an NGO in Bangladesh receives loan repayments from almost 10,000 clients across five of their branches using mobile money. These repayments record roughly 25,000 transactions totaling BDT 50 million (around USD 600,000).