Conventional measures of creditworthiness paint an incomplete — even misleading — picture of microbusiness owners, whose success often hinges on strong local networks and unconventional business strategies.
National surveys in Mozambique and Tanzania show that women in agriculture do not diversify their incomes as much as men do. Equal access to financial services could help women to generate new sources of income.
Lolem Boyo Emilat is a trader in Kenya’s Kalobeyei settlement, where mobile payments have transformed her small business. Could bringing mobile money to more traders like Lolem be an overlooked opportunity to advance financial inclusion?
TransferWise has launched “borderless” accounts, bringing cross-border banking to a new level. Could similar products serve communities in developing countries that depend on international remittances?
From partnering with the right providers to removing policy constraints, there are several things development and humanitarian actors can do to forge a stronger link between humanitarian cash transfers and financial inclusion.
A growing body of evidence suggests that disaster insurance makes low-income people more resilient to floods, earthquakes, and other disasters. What challenges must be overcome to make disaster insurance more widely available?