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.
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.
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.
Switzerland and Singapore to Teamup on Fintech
The two countries are looking towards financial sector digitalization. A conference slated for June in Zurich seeks to do just that.
Symbiotics Becomes a Certified B Corporation® Rated Among the Highest in Switzerland
The results of the very comprehensive B Impact Assessment provide an important benchmark for the company and a path to further improve certain areas and take specific actions in the years to come.
Impact of Economic and COVID-19 Crises on Microcredit Borrowers
Findings based on quantitative and qualitative research conducted over the phone (questionnaires and in-depth interviews)
Nampost Gets Concessional Loan of N$235 Million to Microfinance Pensioner Services
Public financial institution, the French Development Agency disbursed a concessional loan of N$235 million loan to finance the growth of NamPost’s microfinance business, specifically targeting NamPost’s microfinance activities aimed at pensioners.
Humanitarian Cash Transfers and Financial Inclusion
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.