Articles

Digitisation in Africa: Channelling Funding to SMEs

Proparco’s 10-year anniversary issue of the Private Sector & Development magazine focuses on SME finance in Africa.

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Articles

Photo Credit Accion - Alaba International market in Lagos
This interview to 22 small business owners who are clients of Accion Microfinance Bank (AMfB) to learn more about their financial health and capability is part of a research to develop a framework to help MSMEs better understand and achieve financial health. This project was done with the support of the Mastercard Center for Inclusive Growth to...
Picture via Gomedici.com
The future of the banking ecosystem will extend well beyond financial services. The key pillars of a bank in the future will be data, API, AI&ML, a cloud-based platform, cybersecurity, and controls & compliance. Read more here . Article by GoMedici.com
5 things that matter about Indian SMEs via Nisha Ramchandani
For India to gain double digit growth figures going forward, its micro, small and medium enterprises (MSMEs) will have a prominent role to play in employment generation, exports, skilling and making the sector more formalised. MSMEs contribute 33% to India’s GDP and employ 11.7 crore people (that is 40% of India’s workforce). This snapshot of a...
Market in Guatemala.Photo courtesy of @perrygrone
To help boost women’s access to financial services, VisionFund International , the microfinance arm of World Vision , launched the Women’s Empowerment Fund (WEF) in 2016. The fund’s aim is to build women’s resilience by expanding financial access and delivering high quality credit, savings and insurance products developed with women, especially...
Pic via gomedici.com
After the 2008 financial crisis, FinTech leveraged the opportunity to address the needs of SMEs when banks could not. The solutions and innovations presented by FinTechs were crucial and came from digital-only neobanks/digital banks. Read more here via Medici .
  Photo Neil Palmer (CIAT)
The #agriculture sector plays a critical role in the livelihoods of people around the world – yet it’s facing an uncertain future. mall- and medium-sized enterprises (#SMEs) in the agriculture sector will be an essential part of any solutions to these challenges. Article via Next Billion .
Photo: Hesham Fathy, 2019 CGAP Photo Contest
A lack of data on the youth segment has led many to assume that young people don’t make good clients. However, a growing body of evidence shows that youth have significant potential as clients. Read more in this CGAP’s blog .
via South China Morning Post
With initiatives coming from both public and private sectors, including traditional institutions and fintech start-ups, SMEs stand to gain from fintech initiatives within the next few years. Those that make the move to digitize their businesses will be able to capitalize on these new products and solutions to improve their business performance...
Bank towers in Toronto's financial district.Brent Lewin/Bloomberg files
P2P lending and fintech companies are subjected to strict regulations holding back the creative disruption of financial services. Article via Financial Post .
‘Financial Innovation’ is no Frankenstein: How Impact Investors and Inclusive Finance Innovators Are Redefining the Term
Despite all the hype around fintech and cryptocurrencies, financial innovation still generates a particular degree of skepticism. Nonetheless, financial innovation has brought both the investing world and the broader financial services sector to generate products and innovations designed to deliver positive impacts for both society and the planet...