FI2020 week

October 19, 2016

Her hands trembled when she borrowed her first $64; Now she’s giving advice to BRAC

The integration of mobile money into microfinance operations is one of the most exciting yet challenging prospects facing microfinance providers today. Mobile money presents a fast, cost-efficient and flexible alternative delivery channel through which money can be transferred, loans can be repaid and savings can be deposited.
November 12, 2015

FI2020 week in retrospect: Do we need microfinance and why?

Imagine a world where there is no access to financial services. You cannot save, which means you cannot set aside money for the future. You cannot access a loan, which means you are shut off from a limitless number of opportunities, including investing in an enterprise, purchasing a home or land, or maintaining household expenses when cash is tight. You don’t have insurance or any kind of buffer against shocks, such as medical emergencies in the family, a sudden loss of a job, or natural disasters. Would you be able to manage?