Financial Inclusion in Action

Read, Share, and Discuss

Fintechs for LMI segments – Tapping the untapped

Header3c

In our first blog in this series, we highlighted how the low- and middle-income (LMI) segments in India present immense opportunities for ecosystem players.  To read our report on the fintech landscape in India, click here   To know more about the Financial Inclusion Lab and to apply, click here These players may include fintechs,… Continue reading

Fintechs for LMI segments – Demystifying myths and delving into realities

Header3c

In our previous blog in this series, we presented recent trends in the fintech space in India. In that blog, we also defined the low- and middle-income (LMI) segments and examined the challenges that fintechs and investors face in catering to these segments.  To read our report on the fintech landscape in India, click here… Continue reading

Fintechs for LMI segments – What’s the intricate puzzle?

Header3c

In 2017, J.P.Morgan commissioned MicroSave and IIM Ahmedabad's Centre for Innovation Incubation and Entrepreneurship (CIIE) to undertake a study on the fintech  landscape in India. This comprehensive study focused on the low- and middle-income (LMI) segments in the country. The research team consulted over 60 stakeholders spread across various industries, institutions, leadership levels, and geographies.… Continue reading

Indonesia’s experiment with digitising food subsidy payments: The story so far

Header3c

Background of government-to-people (G2P) payments in Indonesia   Indonesia has embarked on an ambitious programme to digitise all social assistance payments in the country by 2019. In 2017, one of the largest social assistance programmes, Raskin, was digitised and moved to cash transfers. The new, cash-based programme has been renamed Bantuan Pangan Non Tunai (BPNT).… Continue reading

Lessons from the Digitisation of Government to Person (G2P) Programmes in India

Header3c

The Government of India spends about USD 71 billion every year on various G2P welfare programmes on food, fertiliser, fuel (liquefied petroleum gas (LPG) and kerosene), health, pensions, rural employment etc.    Direct Benefit Transfer (DBT) in G2P programmes is a major reform initiative launched by the Government of India on 1st January, 2013. Its… Continue reading

The Potential for Technology-backed Remittance Solutions in Malaysia

Header3c

Borhan is a Bangladeshi migrant employed at a bottling plant in the suburbs of Kuala Lumpur. He earns MYR 1,400 (~USD 334) each month. After covering his basic living expenses, Borhan is able to save MYR 750 (~USD 179) approximately. He remits this money to support his family back home in Dhaka. He uses informal… Continue reading

Have the Portfolio Diversification Strategies of Kenyan Microfinance Banks Failed?

Header3c

Since the enactment of the Microfinance Act 2006 in May 2008, there have been marked changes observed in the microfinance industry in Kenya. Over this period, the Central Bank of Kenya (CBK) has progressively licensed 13  microfinance institutions to operate as microfinance banks (MFBs). Consequently, the industry has continued to experience positive growth. Since 2012,… Continue reading

Three Areas DFS Providers Prioritise to Enhance Agent Networks

Header3c

Since its launch in 2013, The Helix Institute has offered evidence-based insights, practical training and technical assistance on agent networks to DFS providers across Africa and Asia. We asked providers to tell us what steps they have taken to improve their agent networks after engaging with The Helix. This blog sums up their actions, classified… Continue reading

Give us Some Credit! Meet the Digital Borrowers in Kenya

Header3c

It is 3 am in Nairobi. The city, known for its vibrant nightlife, is wide awake. Entertainment spots in the bustling capital of Kenya overflow as the night goes on. The streets are a sea of activity, filled with pleasure-seekers. Interestingly, it is between 3 am and 5 am that a third of all the… Continue reading

How Can Providers Make Digital Credit More Profitable?

Header3c

Many commentators have raised concerns about the interest rates charged for digital credit. And, given that the entire process is automated and dependent on computer algorithms rather than expensive human intervention and analysis, this seems reasonable. On the face of it, it is strange that the interest rates charged for digital credit should be closer… Continue reading