Microfinance

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Branchless Banking: Innovations Create Opportunity to Serve the Poor

Basic, everyday financial services are out of reach for more than two billion people in developing countries. But the rapid growth of branchless banking — including mobile phone banking — is reducing the cost and expanding the availability of such services. “All of this innovation presents challenges and opportunities for regulators,” says Elizabeth Littlefield, CEO […]

February 5th

Microfinance Misses Its Mark

Aneel Karnani of the Stanford Social Innovation Review offers an interesting take on microfinance, arguing that “despite the hoopla over microfinance, it doesn’t cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.” Click here to […]

June 20th