The World Is Mobile, Why Isn’t Our Data?
Over 164 million migrant workers make a living in a foreign country, and almost 26 million refugees have been forced to flee due to conflict. Unfortunately, while migrant workers are on the move, their data is not, often preventing them from accessing financial services or better jobs. Developing a digital identity system is one potential solution to this problem.
In Times of Crisis, Who Holds the Lifeline for Microfinance Institutions and Their Clients?
Youssef Fawaz of the Lebanese MFI Al Majmoua, shares the difficult reality of trying to keep an established institution running while the economy collapses around it.
Fintech Purpl to Democratize Remittances, Support Financial Inclusion Efforts in Lebanon
In the first phase, Purpl will only operate their cash out solution, as a technology provider, via the partnerships signed with international digital remittance companies and licensed local cash out partners on the ground in Lebanon.
AfDB Signs $650,000 Grant to Provide Digital Services to Women and Youth in Chad
The Africa Digital Financial Inclusion Facility of the African Development Bank has signed a grant agreement for $650,000 with the Government of Chad to provide innovative digital financial and non-financial services to women and youth.
Habitat for Humanity International Update - MicroBuild Fund
MicroBuild will provide significant debt relief to Al Majmoua to help alleviate financial pressures and support the MFI’s ongoing efforts to fulfill its social objectives.