“The 2016 Brookings Financial and Digital Inclusion Project Report Advancing Equitable Financial Ecosystems;” by John D. Villasenor, Darrell M. West and Robin J. Lewis; published by the Center for Technology Innovation at the Brookings Institution; August 2016; 146 pages;
“Guidance on the Application of the Core Principles for Effective Banking Supervision to the Regulation and Supervision of Institutions Relevant to Financial Inclusion”, published by the Basel Committee on Banking Supervision, December 2015, 55 pages, available at http://www.bis.org/bcbs/publ/d351.pdf
“Global Financial Development Report 2015/2016,” published by the World Bank, September 2015, 211 pages, available at http://www.worldbank.org/en/publication/gfdr/report
“Payment Aspects of Financial Inclusion,” prepared for Committee on Payments and Market Infrastructures (CPMI) and the World Bank Group, September 2015, 69 pages, available at: https://consultations.worldbank.org/consultation/payment-aspects-financial-inclusion
This report delineates the role of payment and settlement services – the mechanisms in place to facilitate electronic monetary transactions – in expanding formal financial access to people with low incomes in the developing world.
“Doing Digital Finance Right: The Case for Stronger Mitigation of Customer Risks;” by Katherine McKee, Michelle Kaffenberger, Jamie Zimmerman; published by CGAP (Consultative Group to Assist the Poor); June 2015; 40 pages; available at: http://www.cgap.org/publications/doing-digital-finance-right
Digital financial services (DFS), which allow the use of cellular devices to make and receive payments without travelling to a brick-and-mortar bank branch, are believed by some to be a pathway toward financial inclusion for low-income people.
“Symbiotics 2015 Microfinance Investment Vehicles (MIV) Survey Report: Market Data and Peer Group Analysis;” published by the Symbiotics Group; 2015; 45 pages; available at http://www.syminvest.com/papers/ed4710d3-cd20-4366-ad75-095f2b3adffe
Symbiotics, a Switzerland-based investment company that is “specialized in emerging, sustainable and inclusive finance,” recently published its ninth annual microfinance investment vehicles (MIVs) survey based on indicators reported by MIVs for 2014.
Published by the Global System for Mobile Association; May 2015; 29 pages; available at: http://www.gsma.com/mobilefordevelopment/mobile-financial-services-in-lac
This report, published by the London-based Global Systems for Mobile Association (GSMA), provides an overview of the state of mobile financial services in Latin America and the Caribbean (LAC).
“Is Health Microinsurance Sustainable? An analysis of Five South Asian Schemes,” by Michael Weilant, published by the International Labor Organization, May 2015, 45 pages, available at: http://www.impactinsurance.org/sites/default/files/mp41_final.pdf
This paper analyzes five health microinsurance (HMI) schemes operating in India, Bangladesh and Pakistan in order to evaluate the sustainability of HMI. All five schemes were in operation for more than 3 years and serve more than 25,000 active customers.
By Jeremy Leach, Sandisiwe Ncube and Anand Menon; published by the Microinsurance Network; 2014; 49 pages; available at http://www.microinsurancenetwork.org/sites/default/files/MICRO_NetworkInvestor_PaperWEB.pdf
Microinsurance, a risk mitigation and management tool for people with low incomes, has grown from 78 million lives covered in 2005 to approximately 263 million lives in 2013, with a potential market estimated at 3 billion to 4 billion policies generating USD 30 billion to USD 50 billion in annual premium revenue. Total demand for microinsurance is growing approximately 10 percent per year, which the authors argue points to increasing investment opportunities and a promising business case for investors.
According to the Global Microscope on the Microfinance Business Environment 2014, a recent report by the UK-based Economist Intelligence Unit (EIU), Peru is the top country in enabling microfinance for the seventh consecutive year.
“The Next Stage of Financial Inclusion;” by D. Karlan; published by the Stanford Social Innovation Review; fall 2014; 9 pages; available at: http://www.ssireview.org/pdf/Fall_2014_The_Next_Stage_of_Financial_Inclusion_1.pdf
This paper investigates the evolving role of nonprofit organizations in providing microcredit to people with low incomes.
“The Road to Inclusion: A Look at the Financially Excluded and Underserved;” Published by MasterCard; May 2014; 18 pages; available at http://newsroom.mastercard.com/asia-pacific/documents/the-road-to-inclusion-a-look-at-the-financially-excluded-and-underserved
This report, published by US-based financial services corporation MasterCard, seeks to shed light on how people manage with limited financial services in Egypt, India, Indonesia, Nigeria, the Philippines and Vietnam.
“Does Good Client Protection Impact Financial Performance?”; by B. Perez-Rocha, A.G.F. Hoepner, L. Spaggiari, C. Lapenu and B. Brusky in collaboration with the European Microfinance Platform (e-MFP) Making Microfinance Responsible Action Group; May 2014; 28 pages; available at http://www.e-mfp.eu/sites/default/files/resources/2014/05/Brief_No_4_2014_web.pdf
This paper explores the relationship between the financial performance of microfinance institutions (MFIs) and the Client Protection Principles (CPP) that are promoted by the Smart Campaign, a US-based consumer protection initiative targeting microfinance clients worldwide.
“Integrated Health and Microfinance in India, Volume II: The Way Forward;” by Somen Saha and D.S.K. Rao; published by the Microcredit Summit Campaign and Freedom from Hunger; 2014; 36 pages; available at http://microcreditsummit.org/uploads/resource/document/ffh_indiareport_2014_web_58274.pdf
This paper builds on a report entitled “Integrated Health and Microfinance in India: Harnessing the Strengths of Two Sectors to Improve Health and Alleviate Poverty”, which was written in 2012 by a group of authors that includes those who wrote “Volume Two.”
“Symbiotics 2014 MIV [Microfinance Investment Vehicle] Survey Report: Market Data and Peer Group Analysis;” published by Symbiotics Group; 2014; 36 pages; available at http://www.symbioticsgroup.com/media/72461/symbiotics-2014-symbiotics-miv-survey-report.pdf
Symbiotics, a Switzerland-based investment company that is “specialized in emerging, sustainable and inclusive finance”, recently performed a survey of microfinance investment vehicles (MIVs) regarding their financial and social performance during 2013.
“Myanmar: Demand, Supply, Policy and Regulation;” by Doubell Chamberlain, Hennie Bester, Herman Smit, Christiaan Loots, Shirley Mburu, Ahmed Dermish, Lara Gidvani and David Saunders; published as a Making Access Possible (MAP) Study Synthesis Note by the Centre for Financial Regulation & Inclusion (CENFRI); 2014; 41 pages; available at http://cenfri.org/documents/MAP/2014/MAP%20Myanmar%20Synthesis%20Note.pdf
This document covers an assessment of the retail financial services market in Myanmar as performed by the Making Access Possible (MAP) program, which was developed by the United Nations Capital Development Fund (UNCDF) to support global financial inclusion.
“Self-Selection into Credit Markets: Evidence from Agriculture in Mali;” by Lori Beaman, Dean Karlan, Bram Thuysbaert and Christopher Udry; released as a working paper by Poverty Action Lab; May 2014; 36 pages; available at http://www.povertyactionlab.org/evaluation/self-selection-credit-markets-mali
In Mali, as in many parts of the developing world, agriculture sustains the livelihood of the vast majority of citizens.
“The Microfinance Sector in Morocco: Investment Opportunities After the Crisis,” published as part of the Insight series by MicroFinanza Rating, May 2014, 4 pages, available at http://www.microfinanzarating.com/images/Insight_Morocco_March_2014.pdf
Performed by Italy’s MicroFinanza Rating in May 2014, this “country screening” analyzes the political, economic and legal frameworks in which microfinance institutions (MFIs) function in Morocco.