For smallholder farms, expenses come early in the season before the planting while income arrives only several months later with the harvest. How, then, can these farmers access the cash they need to plant their crops and, more importantly, to survive between harvests?
Banks that recognize the unique characteristics of farmers as customers and adapt their businesses using financial and skill-based support from donors will be best positioned to address the huge gap in demand for smallholder financing.
Aadhaar, the effort to give every Indian resident a unique identification number for the purpose of accessing services and social benefits, is at the center of India's progress towards financial inclusion.
Even though making information “mobile” can increase outreach to smallholder farmers, the potential of mobile information services far exceeds farmers’ current demand for it. Mobile phones are not a panacea, and many farmers prefer more traditional sources of information.
The Indian government’s plan to provide every resident with a unique biometrically linked identity number is an exciting development for those of us dedicated to broadening financial access to unbanked people worldwide.
The big picture of poverty reduction trends and forecasts are encouraging but imply increasing complexity for poverty reduction strategies. This blog takes a closer look at the role of social assistance in the context of the Graduation Approach.
This past decade has seen an exponential growth in social protection programs. When appropriately designed and implemented, these programs tackle poverty and vulnerability and promote positive developmental outcomes.