Al-Amal Microfinance Bank's Micro-Letters of Guarantee (Micro-LGs)
This paper describes the development of microfinance in Yemen and the role of Al-Amal Bank in the sector over the past 15 years, then introduces the concept of micro letters of guarantee, which Al-Amal Bank launched in 2020.
WSBI's Journey in Making Small Scale Savings Work
Sub-Saharan Africa
Sub-Saharan Africa continues to lead the world in mobile money adoption, which is driving financial inclusion in the region. The latest data from the Global Findex 2021 shows that 33 percent of adults in the region have a mobile money account, compared to just 10 percent globally. However, the region remains behind in terms of overall account access. Only 55 percent of adults own an account with a financial institution or mobile money provider, compared to the 71 percent average for developing economies.
India and Ghana Accelerate Unified Payment Interface Integration for Seamless Cross-Border Payments
By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability.
The Landscape of Microinsurance 2022
This 34-country microinsurance landscape report tracks the uptake of inclusive insurance products and services in Africa, Asia, Latin America, and the Caribbean.
African Guarantee Fund and Kenya Women Microfinance Bank Ink Deal to Strengthen Women's Access to Finance
African Guarantee Fund (AGF) has signed a Sh725 million ($5.37 million) risk-sharing partnership agreement with the Kenya Women Microfinance Bank (KWFT).
Beyond Access: A Look Into the Drivers of Long-term Financial Health
Through a combination of qualitative interviews, customer surveys and analysis of data from over 3.6 million Nubank customers, this research gathered a rich set of insights to inform how we can collectively close the gap between account access and a sense of sustainable financial security and health.
Scaling Responsible Digital Payments in the Indonesian Cocoa Sector
For digital payments to be meaningful for farmers, the study finds that digitization needs to be strongly linked to access to a broader suite of financial services, to unlock farm investments and smooth day-to-day consumption.
The Impact of Mobile Money Interoperability on Financial Inclusion
This report assesses the impact of mobile money interoperability by considering the economic literature on interoperability more generally and utilizing a case study approach in five mobile money countries: Ghana, Kenya, Malawi, Rwanda and Tanzania.
Last Call to Register for the 26th MFC Annual Conference!
This is the last call to register for the 26th Microfinance Centre (MFC) Annual Conference, which will take place on 14-15 May 2024 in Cracow, Poland.