Benefits & Challenges of Digital Financial Inclusion
EmailRegulators around the world recognize the potential benefits of financial inclusion powered by mobile money. But with new technology comes new responsibility.
Regulators around the world recognize the potential benefits of financial inclusion powered by digital finance. But with new technology comes new responsibility.
Written and Produced by Jeanette Thomas, 2014.
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Regulators around the world recognize the potential benefits of financial inclusion powered by mobile money. But with new technology comes new responsibility.
Past participants in SmartAid assessments commenting on how the process has helped them evaluate their performance as funders of financial inclusion projects.
In places where people live off the energy grid but use mobile money, companies like Angaza Design are expanding access to energy via pay-as-you-go solar units.
bKash, a mobile money service in Bangladesh, is making it easier and cheaper for the urban poor to send money to family in rural areas.
M-Shwari is a new banking platform that enables customers to save, earn interest, and access small amounts of credit instantly via their mobile phones.
The story of Tigo insurance has surprised many because it demonstrated through the use of mobile phones and airtime, the poor can get excited about insurance.
Grundfos is just one example of a company putting Digital Finance Plus into action. In this case, mobile money is making access to clean water a reality.
CGAP, Continuum and MicroEnsure use human-centered design to develop a new microinsurance product shaped by what they see and hear from customers.
The CGAP-Ford Foundation utilizes a set of carefully sequenced set of interventions to create pathways out of extreme poverty into sustainable livelihoods.
CGAP's Tanaya Kilara travels to Bangalore to better understand how the complexity of poor people's lives affects their financial decisions.
The Wasil Foundation, Pakistan, was named the winner in the Islamic Microfinance Challenge for providing farmers with Sharia-compliant financing.
Bank of Khartoum was named a finalist in the Islamic Microfinance Challenge for its profit-sharing model of Islamic microfinance.
Kompanion Invest was named a finalist in the Islamic Microfinance Challenge for providing Sharia-compliant financial services in Kyrgyzstan.
Janalakshmi, an urban microfinance organization based in Bangalore, embarked on a project to reshape their business around the lives of poor clients.
In a speech at the 2013 CGAP Annual Meeting in Amsterdam, the Netherlands, Queen Máxima urged CGAP and its members to focus on two important priorities for the ...
Ramesh Ramanathan, Chair of Janalakshmi, a microfinance institution in India talks about the state of financial inclusion in India and the huge market that exis...
Nick Hughes, one of the original team who created M-PESA, talks about how the mobile money transfer platform emerged and quickly took off in Kenya...
Vijay Mahajan, Chair of BASIX, a livelihoods promotion organization, discusses the latest developments in financial inclusion in India...
Economist Narda Sotomayor describes the measures that Peru's Superintendency of Banks has taken to promote financial inclusion...
Daphne Motsepe, a former executive with Absa Bank in South Africa, talks about progress in financial inclusion in recent years in South Africa led by the banks...
Nancy Lee, Thomas Miller, and Sergio Navajas, of the Multilateral Investment Fund (MIF), discuss how the SmartAid process has helped their agency improve their ...
Marc Bichler, Henri Dommel, John Tucker, and Hanadi Tutunji, of UNCDF, discuss their organization's experience with SmartAid.
Helping young people to realize their ambition, to give them confidence, to create businesses and to create employment has a cumulative effect, says Andrew Deve...
Adolfo Brizzi, Emily Coleman, Jonathan Agwe, Michael Hamp, and Francesco Rispoli, of IFAD, discuss how the SmartAid process has positively impacted their organi...
“In countries like Bangladesh and India right now we talk about what is called the demographic dividend,” says Shameran Abed, Microfinance Program Manager of BR...
“Regardless of your affiliation, whether you are within a political party, Islamic group or whatever, the key word is the youth, you have to be thinking about w...
Only two out of every 10 households in the Philippines have bank accounts...
In this interview CGAP CEO Tilman Ehrbeck talks about the global momentum behind financial inclusion and the priorities that are needed to drive financial inclu...
Winners and Finalists from the 2012 CGAP Photo Contest. Over 2,500 submissions were receieved from 80 countries.
Winners and Finalists from the 2011 CGAP Photo Contest. Over 2,000 submissions were receieved from 70 countries.
Michael Rizzo, Digital Media Coordinator at CGAP, was in Peru to document two days of visits to several of the communities participaing in the CGAP-Ford Foundat...
