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13 January 2011
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The financial hit of losing fixed assets like buildings and equipment and writing-off loans, the difficulty of keeping strong credit discipline with the influx of not-always-so-smart subsidies, the offer of higher salaries to staff by relief organizations and NGOs, and the short attention span of funders for long-term institution building are all real challenges.
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13 January 2011
4 comments
CGAP recently surveyed 11 mobile operators to help them better understand how they can ensure that their mobile banking services are not used for money laundering or terrorism financing as well as preventing incidents of fraud against the company.
11 January 2011
Tomorrow will mark the one year anniversary of the terrible earthquake that struck Port-au-Prince, the capital of Haiti. While much of the global aid community was focused on disaster response and establishing humanitarian camps for the displaced, there was also a desire to start putting in place financial systems that could be used to help both the immediate aid efforts as well as to establish sustainable long-term financial services for all Haitians.
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10 January 2011
In most countries, youth under the age of 18 are typically prevented from independently opening a savings account because few banks are willing to offer any financial services without requiring a signed contract.
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