The following video is a beautiful depiction of the need for maximizing the use of mobile financial services. The video takes a look at people individuals from across the world and shares their journey with mobile banking services – the challenges they faced, the benefits they enjoyed when using ATM SIMs (i.e. financial services through [...]
Archive for the ‘Videos’ Category
Microfinance need not be confined to lending and saving money, which not only presents safety risks, but is also subject to the impact of inflation. As a result, many microfinance institutions are experimenting with non-monetary loans, such as cows and seeds. This form of lending has its own risks – the cow could fall ill [...]
The following video about Grameen Foundation looks at how microfinance works, considering an example for the Nigerian microfinance scene (LAPO) and highlights the concept of social collateral. We also learn how financial innovation has led to innovation in technology, as software developers become interested in creating open source information systems for microfinance institutions (such as [...]
The following wonkast adeptly details the progress of branchless banking in Kenya, and some steps taken to achieve high penetration rates. The phenomenon of the cash-less economy is also discussed, and in the end, the future of branchless banking in the developing world is predicted. http://collab2.cgap.org/gm/document-1.9.39139/CGAP-RonWebb.mp3
A video about how microfinance improves the lives of women in post-war Liberia. Source: Youtube
Here’s an fascinating video about the economic and social development of the world over the last 200 years. The video maps the link between financial security and life expectancy using over 1,000 data points, and explains how the developing world lingered behind industrialized economies. The video was originally made by GapMinder.org Source: Youtube
Eko is a mobile banking service in India that offers community banking for the under privileged, unbanked and under-banked population. Over 70,000 customers enjoy a greater degree of financial independence thanks Eko’s simplified and intuitive business model that uses a wide network of banking agents to take the service to the customer’s doorstep. The greatest [...]
The topic of agricultural microfinance is not new to this blog (a few months back, Seeds for Development, an interest-free seed lending program in Uganda, was reviewed. The poorest of the poor are involved in the agriculture sector (through subsistence farming) which makes it all the more important to provide development tools for people in this field. The following video [...]
This blog has previously discussed the impact of the global economic crisis on microfinance, as well as what microfinance institutions can do to deal with the crisis. The following video approaches the topic from a slightly different angle by sharing the importance of responsible finance (an important element in microfinance) in dealing with the financial [...]
