The Bank, in partnership with the government as well as a variety of stakeholders including NGO’s, banks, and micro and small enterprises, has been supporting the financing needs of micro and small businesses through the Enhancing Access to Micro and Small Enterprises Project.
For the Arab World, 2011 was historic. The year brought much hope and a sense of opportunity as Arabs from the Atlantic Ocean to the Arabian Gulf saw the possibility of a future without dictatorship, corruption and hypocrisy – the reasons underlying the poverty, unemployment, and political grievances which sparked the Arab Spring.
Postal networks have undertaken major transformations. They are increasingly leveraging their branch networks to play a role in financial services, and many are emerging as important gateways for financial inclusion of the world's poor.
UNHCR and its Graduation partners Trickle Up and BRAC University decided to test the Graduation Approach with the aim of helping urban refugees in Egypt progress from vulnerability to self-sustainability.
Since the beginning of 2011, a revolutionary wave of demonstrations and protests have been taking place in the Arab world. These events have created some challenges and opportunities for the microfinance sector and the financial inclusion agenda in the region.
The Middle East and North Africa (MENA) region has been facing a series of unprecedented events in 2011, resulting in a great deal of change after over three decades of stagnant political dictatorship, uneven economic growth, and increased poverty.
After the revolution of January 2011, Tunisians experienced poverty at a level far more critical than official statements had suggested. Microfinance has quickly been identified as one of the tools that can help reduce inequalities, address exclusion, and strengthen the country’s economic fabric.