MICROFINANCE PAPER WRAP UP: “High-saving Youth in Smallholder Households: An Untapped Market,” Published by CGAP

This is a summary of a paper by Jamie Anderson, Ramesh Karuppusamy, Paul Enrico Neumann and Vijendran Thangavel; published by CGAP (Consultative Group to Assist the Poor); November 2018; 4 pages; available at:
https://www.cgap.org/sites/default/files/publications/Brief-High-Saving-Youth-Nov-2018_1.pdf

As in many places, mobile financial services are becoming increasingly popular in rural parts of developing countries. However, the authors of this paper argue

MICROFINANCE PAPER WRAP UP: “Cyber Security in Emerging Financial Markets,” Published by CGAP

This is a summary of a paper by Hildah Nduati, published by CGAP (Consultative Group to Assist the Poor), May 2018, 8 pages, available at https://www.findevgateway.org/sites/default/files/publication_files/cybersecurity_in_emerging_markets_06-30.pdf

The availability of digital financial services (DFS) has altered the way many payments are collected and processed in developing countries. Ms Nduati argues that, although DFS have helped millions of people stabilize their income and break out of their stagnant socioeconomic positions, there remain many issues outstanding

MICROFINANCE PAPER WRAP UP: “Digitizing Agricultural Payments: Lessons from Uganda’s Coffee Value Chain,” Published by CGAP, UN Capital Development Fund (UNCDF)

This is a summary of a paper by Amani M’Bale, Rashmi Pillai and Nathan Were; published by CGAP (Consultative Group to Assist the Poor) and UNCDF; June 2018; 40 pages; available at
https://www.cgap.org/sites/default/files/researches/documents/Working-Paper-Digitizing-Agricultural-Payments-June-2018.pdf

This paper focuses on the digitization of payments in Uganda for the coffee industry, which accounts for 20 percent of the country’s GDP. Mobile Money for the Poor (MM4P), a program of the UN Capital Development Fund (UNCDF), worked with Ugandan

MICROFINANCE PAPER WRAP-UP: CGAP: “Building Inclusive Payment Ecosystems in Tanzania and Ghana;” by Max Mattern, Claudia McKay

This is a summary of a paper by Max Mattern and Claudia McKay, published by CGAP (the Consultative Group to Assist the Poor), June 2018, 35 pages, available at:
http://www.cgap.org/sites/default/files/Focus-Note-Building-Inclusive-Payment-Ecosystems-June-2018.pdf

This report addresses how advances in technology over the past

MICROCAPITAL BRIEF: Pride Uganda, Harvesting, CGAP Partner to Develop Alternative Credit Scoring Model to Boost Microfinance, Crop Yields for Small-scale Coffee Farmers

With support from US-based nonprofit CGAP (the Consultative Group to Assist the Poor), US-based social enterprise Harvesting Incorporated is partnering with Pride Microfinance, which is owned by the government of Uganda, to devise a new model for lending to small-scale coffee farmers in Uganda. Greta Bull, the CEO of CGAP, states that “limited access to timely credit products for agricultural inputs [is detrimental to farmers’] crop yields and productivity.” This project will combine traditional data sources with “alternative” ones, such as

MICROCAPITAL BRIEF: Platform for Economic Inclusion (PEI) to Carry on CGAP’s Work on Graduation Programs

CGAP (the Consultative Group to Assist the Poor), a nonprofit research center seeking to expand financial services in poor regions, recently announced the establishment of the Platform for Economic Inclusion (PEI) to “accelerate innovation and scaling of graduation-style programming.” Initiated by Bangladeshi NGO BRAC (formerly the Bangladesh Rehabilitation Assistance Committee) in 2011, the graduation approach involves: targeting only

MICROCAPITAL BRIEF: CGAP, Pula Announce Microinsurance Partnership for Farmers in Nigeria

CGAP (the Consultative Group to Assist the Poor), a US-based, nonprofit research center that aims to facilitate the expansion of financial access, and Pula, a Kenya-based, agricultural insurance intermediary that serves small-scale farmers by leveraging satellite technology, recently announced that they are partnering to deliver “satellite-based agricultural insurance” to farmers in Nigeria.

MICROCAPITAL BRIEF: CGAP Accepting 2017 Photo Contest Entries Through September 29

CGAP (the Consultative Group to Assist the Poor), a US-based, nonprofit policy and research center that aims to facilitate the expansion of financial access, is seeking submissions of original photographs for its annual competition, which aims to highlight the positive effects of microfinance.

MICROCAPITAL BRIEF: Kenya’s FarmDrive Nets Technical Assistance Funds from CGAP to Use Satellite Imagery to Forecast Smallholder Farmers’ Revenues

FarmDrive, a for-profit Kenyan organization seeking to reduce the risk of lending to farmers, recently received an undisclosed amount of technical assistance funding from CGAP, a US-based NGO also known as the Consultative Group to Assist the Poor, to allow it to use satellite data on “planting cycles, crop yields, and trends in production to help forecast future revenues, timing of income and potential

MICROCAPITAL BRIEF: CGAP, Citi Foundation Launch Digital Financial Inclusion Policy Program in China, Indonesia, Philippines

CGAP (Consultative Group to Assist the Poor), a US-based, nonprofit research center that aims to facilitate the expansion of financial access, and the Citi Foundation, the charitable arm of US-based financial services firm Citigroup, recently launched the “East Asia Digital Financial Inclusion Program”.

MICROFINANCE EVENT: CGAP (Consultative Group to Assist the Poor), Asian Development Bank (ADB), Asian Development Bank Institute (ADBI) Presents “Financial Inclusion in the Digital Economy” Conference, May 24-25, Manila, Philippines

Event Name: Financial Inclusion in the Digital Economy

Event Dates: May 24-25, 2016

Event Location: Asian Development Bank (ADB) headquarters, Manila, Philippines

MICROCAPITAL BRIEF: 2015 CGAP (Consultative Group to Assist the Poor) Microfinance Photo Contest Accepting Entries Through September 9

CGAP (Consultative Group to Assist the Poor), a US-based, nonprofit policy and research center that aims to facilitate the expansion of financial access, has announced the opening of its annual photo contest to entries of original images that capture the “diversity and dynamism of microfinance and financial inclusion around the world”[1].

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor) Seeks Partners for Customer-Centric Financial Services Project

CGAP (Consultative Group to Assist the Poor), a US-based nonprofit policy and research center devoted to worldwide growth of financial access, is searching for financial service providers with whom to partner to increase customer centricity within the providers’ systems.

MICROCAPITAL BRIEF: Greta Bull Appointed CEO of CGAP (Consultative Group to Assist the Poor)

Greta Bull, the former manager of the International Finance Corporation’s (IFC) Financial Institutions Group (FIG) Advisory Services, has been appointed CEO of CGAP (Consultative Group to Assist the Poor), a US-based nonprofit that aims to facilitate the expansion of financial access. 

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor), The MasterCard Foundation Award $900k to Advans Cote d’Ivoire, MFS Africa, Money Express for Branchless Banking Projects in Benin, Cote d’Ivoire, Senegal

CGAP (Consultative Group to Assist the Poor), a US-based nonprofit that aims to facilitate the expansion of financial access, and The MasterCard Foundation, a Canada-based nonprofit that aims to promote youth learning and financial inclusion in emerging markets, recently awarded a total of USD 900,000 to three projects in countries of the West African Economic and Monetary Union (WAEMU) to expand the availability of banking in the region.

MICROCAPITAL BRIEF: CGAP, MasterCard Foundation Award $500k for Behavioral Research to Freedom from Hunger, IFMR, Innovations for Poverty, The MicroInsurance Centre

CGAP (Consultative Group to Assist the Poor), a US-based nonprofit that aims to facilitate the expansion of financial access, and The MasterCard Foundation, a Canadian nonprofit that aims to promote youth learning and financial inclusion in emerging markets, recently awarded a total of USD 500,000 to the following four organizations: Freedom From Hunger, a US-based NGO operating in developing countries to alleviate poverty and hunger; IFMR Finance Foundation, an arm of India’s Institute for Financial Management and Research (IFMR) Trust Group; Innovations for Poverty Action, a US-based nonprofit organization that uses randomized evaluations to research development initiatives; and The MicroInsurance Centre, a US-based, for-profit research, product development and training firm.