Blog

Better Understanding the Demand for Islamic Microfinance

CGAP, Yale University and Tamweelcom have taken a novel approach to the study of demand for Islamic and conventional loans in Jordan. This randomized experiment reveals new insights into the real demand for Islamic microloans, and the findings are striking.
Blog

Using Randomized Trials for Product Design

People are unpredictable and don't always act in rational ways. Randomized experiments can help businesses and organizations learn more about their own work, improve upon their offerings, and better understand consumer behaviors.
Blog

Hopes for More Financial Inclusion in the Arab World

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.
Blog

New Policy Framework for Inclusive Finance in Jordan

In January 2005, the Ministry of Planning and International Cooperation (MoPIC) in Jordan formed a Microfinance Committee to prepare, with technical support from CGAP and through a consultative and participatory process, the first national strategy for microfinance in the Arab world.