Showing 241 - 250 of 349
News

Bangladesh: COVID-19 and the Coming Microinsurance Revolution

COVID-19 has brought to the forefront the potential for microinsurance in the Bangladesh market, where over 30 percent live below the national poverty line and insurance penetration is extremely low.

News

El Salvador Receives $173.3 Million Less in Remittances in the First Quarter of 2020

Family remittances received by El Salvador totaled $1,600.7 million in the period from January to April 2020, lower by $173.3 million compared to the same period of the previous year, with a reduction equivalent to -9.8 percent.

News

For Many Cambodians, Debt Repayment Bigger Threat Than COVID-19

Deep household debt might soon push Cambodia into a crisis as job losses caused by  Covid-19 make it even harder for families repay loans, experts and debtors say.

News

World Bank Approves $1 Billion Financing for Kenya, to Address COVID-19 Financing Gap and Support Kenya’s Economy

Kenya has undertaken policy reforms that directly benefit many low-income Kenyan households.

News

India: Bill Payments Drive Digital Payment Volume Recovery in First Half of May

A number of people who were earlier used to paying their utility bills in cash may have shifted to the digital channels during the lockdown, they added.

News

Bangladesh: Govt Cash Gift for Corona-Affected Family Disbursed Through Rupali Bank SureCash

The government is providing direct cash assistance to 5 million Corona-affected families.

News

Coronavirus: How Cash-Mad Philippines Learned to Love Digital Money Thanks to COVID-19

Online payments have been slow to take off in the Philippines, where cash has long been king.

News

Pakistan: FINCA Staff Donates PKR 2M to PM’s COVID-19 Relief Fund

The donation was a part of a local initiative in which FINCA employees contributed a day’s worth of salary towards COVID-19 relief in appreciation of the country’s need in this time of crisis.

News

Singapore Offers More Grants to Help Fintech Firms Ride out Pandemic

The SG$6 million ($3.44 million) grant can be used by local fintech companies to cover their daily working capital expenses and finance new product development work with financial institutions.

News

Zimbabwe: COVID-19 - Zimbabwe's Smallholder Farmers Step Into the Food Supply Gap

Smallholder farmers have long been feeding this Southern African nation by producing the bulk of the country's maize staple, according to the Ministry of Agriculture.