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How Fintechs Could Digitize Store Credit in the Arab World

People in the Arab world rely on store credit almost twice as much as people in other regions. Here are three ways fintechs could digitize this type of credit.

Islamic Microfinance in Yemen: Challenges and Opportunities

In an effort to foster hope and stability among Yemen’s poor, who have been disproportionately affected by the country’s turmoil, Al-Amal Microfinance Bank is working to introduce a range of Sharia-compliant microfinance products aimed at reaching the unbanked.

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.

Microfinance in Yemen: The Abyan Program

In 2011, some institutions and microfinance programs in Yemen have cut down loan disbursement, and even at times, stopped lending completely, leading to a decrease in the number of clients in Yemen.

The Microfinance Sector in Yemen

In Yemen, the microfinance sector in 2010 has made significant progress, with the number of active clients increasing by 100%.

Can Mobile Money Support Post-Conflict Development?

There's been a great deal of excitement over the last few years regarding the potential for mobile money to solve a host of development problems. An increasing number of post-conflict countries are all experimenting with or thinking about mobile money implementations. In addition to the normal issues and challenges facing policymakers and service providers, post-conflict and post-disaster countries face additional problems that merely serve to exacerbate the overall challenges with mobile money.