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FinDev Blog
The Power of Community-Based Organizations to Mobilize Farmers’ Savings
A Scale2Save project in Cote d’Ivoire shares what they’ve learned working with farmer cooperatives as financial agents.
By Celine Stevens, World Savings and Retail Banking Institute
FinDev Blog
From Ideation to Iteration: Human-Centered Design of Micro-Savings in Nigeria
LAPO Microfinance Bank learned five important lessons from their experience using a human-centered design process to revamp their child savings account product.
By Irene Wagaki, Lime Group Africa
FinDev Interview
How an Ethiopian MFI Has Kept Its Focus on Savings in the Face of Great Challenges
Teshome Dayesso, co-founder and CEO of Buusaa Gonofaa, discusses his MFI's savings journey and the challenges they have faced over the past year due to the pandemic and political uncertainty.
FinDev Blog
Going Digital Is Not Enough to Reach Scale
More radical organizational change - in the form of self-management - is needed to solve microfinance’s optimization problem.
By Philip Acton, DreamStart Labs
FinDev Interview
What the Pandemic Taught Us About Savings
Muktinath Bikas Bank offers eight different savings products, specially designed for rural and low-income people in Nepal. The 2020 European Microfinance Award winner shares their experience with savings from before and during the pandemic.
FinDev Blog
Creating a Resilient New Normal for Savings Groups
World Vision shares how they are working to support community-level financial institutions and promote grassroots-level transformation of the financial system
By Richard Rumsey, World Vision
FinDev Blog
Does Informal Finance Still Matter?
Informal Savings Mechanisms (ISMs) have long been important to many people’s day-to-day money management across Africa. But as formal financial services become much more prevalent in the region, what will happen to these ISMs? Will they fall by the wayside as the digital revolution takes over?
By Stephen Peachey, Sukhwinder Arora, Savings at the Frontier
FinDev Blog
Getting It Right: Learning About Savings
Five key questions we have (partially) answered so far at the Savings Learning Lab
By Diana Dezso, Mastercard Foundation Savings Learning Lab
FinDev Interview
Are Savings Groups for Vulnerable Populations a Good Idea?
The Gateway sat down with Sybil Chidiac of Grameen Foundation to discuss what works and what doesn't when tailoring savings groups to serve vulnerable populations.
FinDev Blog
Being Smart About Mobile Money
A case study with two financial service providers in Burkina Faso explores seven risks involved in bringing savings groups into digital finance.
By Bobbi Gray, Christian Loupeda, Grameen Foundation