MICROCAPITAL BRIEF: US Agency for International Development (AID), CGAP (Consultative Group to Assist the Poor), The Mastercard Foundation Award $1m to ideas42 for Financial Management Tool for Microentrepreneurs

The US Agency for International Development (AID), a government agency that provides international economic and humanitarian assistance, and 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 approximately USD 1 million to ideas42, a US-based nonprofit consulting and behavioral design firm, for the implementation of a SMS text-messaging “push” notification system and voice-based platform that is intended to help microentrepreneurs better manage their finances.

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor) Transfers Management of French-language Training to Luxembourg-based ADA, Côte d’Ivoire-based Africa Microfinance Network (AFMIN)

CGAP (Consultative Group to Assist the Poor), a US-based, nonprofit policy and research center that aims to facilitate the expansion of financial access, recently has granted a mandate to manage nine of its training modules in African countries in which French is a primary language to ADA, a Luxembourg-based NGO that promotes inclusive finance, and the African Microfinance Network (AFMIN), an Abidjan-based association of 24 networks of African microfinance institutions (MFIs).

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor) Seeks Responses to “Global Pulse Survey on Responsible Digital Finance” by August 8, 2014

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 launched its “Global Pulse Survey on Responsible Digital Finance”[1].

MICROCAPITAL BRIEF: 2014 CGAP (Consultative Group to Assist the Poor) Microfinance Photo Contest Accepting Entries Through October 8

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].

MICROFINANCE PUBLICATION WRAP-UP: “Financial Inclusion and Development: Recent Impact Evidence;” by Robert Cull, Tilman Ehrbeck, Nina Holle; published by CGAP (Consultative Group to Assist the Poor)

“Financial Inclusion and Development: Recent Impact Evidence;” by Robert Cull, Tilman Ehrbeck and Nina Holle; published by CGAP (Consultative Group to Assist the Poor) as Focus Note Number 92; April 2014; 12 pages; available at http://www.cgap.org/sites/default/files/FocusNote-Financial-Inclusion-and-Development-April-2014.pdf

The authors of this document argue that “financial inclusion is an important development priority”[1] that helps poor people around the world improve their lives.

MICROCAPITAL BRIEF: CGAP Branchless Banking Challenge Fund for West Africa Accepting Entries through March 31, 2014

CGAP (Consultative Group to Assist the Poor), a US-based nonprofit policy and research center that aims to facilitate the provision of financial access to poor people, is accepting applications for the Branchless Banking Challenge Fund, a contest to encourage development of innovative solutions to challenges faced by the branchless banking market in West Africa.

MICROFINANCE PAPER WRAP-UP: “A Microcredit Crisis Averted: The Case of Bangladesh,” by Greg Chen and Stuart Rutherford, Published by CGAP (Consultative Group to Assist the Poor)

“A Microcredit Crisis Averted: The Case of Bangladesh,” by Greg Chen and Stuart Rutherford, Published by CGAP (Consultative Group to Assist the Poor), July 2013, 20 pages, http://www.cgap.org/sites/default/files/Focus-Note-A-Microcredit-Crisis-Averted-July-2013.pdf

MICROCAPITAL BRIEF: 2013 CGAP (Consultative Group to Assist the Poor) Microfinance Photo Contest Accepting Entries Through October 2

CGAP (Consultative Group to Assist the Poor), a US-based, nonprofit policy and research center that aims to facilitate the provision of financial access to poor people, has opened its annual photo contest and seeks entries of original images that capture the impact of microfinance on poor households. Participants may submit up to 20 images.

MICROFINANCE PAPER WRAP-UP: “Interoperability in Electronic Payments: Lessons and Opportunities;” by Carol Coye Benson and Scott Loftesness; published by CGAP (Consultative Group to Assist the Poor)

By Carol Coye Benson and Scott Loftesness; published by Consultative Group to Assist the Poor (CGAP); 2012; 46 pages; available at: http://www.cgap.org/sites/default/files/Interoperability_in_Electronic_Payments.pdf

This report explores the issue of cross-compatibility among electronic payment systems that serve poor and under-banked people in developing countries.

MICROFINANCE PAPER WRAP-UP: “Incentives for the Introduction of Agents in Colombia by Banca de las Oportunidades;” by Marulanda Consultores, published by CGAP (Consultative Group to Assist the Poor)

By Marulanda Consultores; published by CGAP (Consultative Group to Assist the Poor); February 2013; 32 pages; available at: http://www.cgap.org/sites/default/files/colombia_agent_subsidy_english.pdf

This report analyzes a set of incentives offered by Banca de las Oportunidades, a government organization in Colombia that aims to increase financial access, to expand networks of “non-banking correspondents” (NBCs) to reach unbanked areas.

MICROCAPITAL BRIEF: CGAP, Grameen Foundation, Mobile Telecommunications Network (MTN) Uganda to Finance $1m Mobile Finance Product Research and Development Initiative

CGAP (Consultative Group to Assist the Poor), a US-based nonprofit research and policy center, the Grameen Foundation, a US-based nonprofit that seeks to increase business opportunities and telecommunication services for poor people in rural areas, and Mobile Telecommunications Network (MTN) Uganda, the Ugandan arm of South African telecommunications company MTN Group, recently announced plans to launch an initiative to research and develop new mobile financial products.

MICROCAPITAL BRIEF: Boston University, CGAP Partner on Financial Inclusion Regulation Website, Request Submissions of Material from Microfinance Stakeholders

The US-based Center for Finance, Law and Policy at Boston University (BU Center) has partnered with CGAP (Consultative Group to Assist the Poor), a US-based nonprofit research and policy center, to create an online repository of materials relating to the regulation of financial inclusion around the world.

MICROFINANCE PAPER WRAP-UP: “Microfinance in Myanmar Sector Assessment”; by Eric Duflos, Paul Luchtenburg, Li Ren and Li Yan Chen; published by CGAP (Consultative Group to Assist the Poor), International Finance Corporation

By Eric Duflos, Paul Luchtenburg, Li Ren and Li Yan Chen, published by CGAP (Consultative Group to Assist the Poor) and International Finance Corporation, January 2013, 43 pages, available at:  http://www1.ifc.org/wps/wcm/connect/d87bf8804e5aba9bad7dadfce4951bf6/Microfinance+in+Myanmar+Sector+Assessment-Final.pdf?MOD=AJPERES

This joint CGAP (Consultative Group to Assist the Poor) and International Finance Corporation (IFC) report reviews the current state of Myanmar’s microfinance sector and the challenges involved with its future development.

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor) Calls for Materials for Social Performance Task Force (SPTF) Resource Library: Services That Meet Client’s Needs

CGAP (Consultative Group to Assist the Poor), a US-based nonprofit policy and research center dedicated to advancing financial access for poor people worldwide, is calling for interested individuals to  submit  resources for the Social Performance Task Force (SPTF) Universal Standards Online Library.

MICROFINANCE PAPER WRAP-UP: “Financial Inclusion and the Linkages to Stability, Integrity and Protection: Insights from the South African Experience,” published by CGAP

Published by CGAP (Consultative Group to Assist the Poor); November 2, 2012, 47 pages; available at: http://www.cgap.org/sites/default/files/I-SIP%20Report_1.pdf

MICROCAPITAL BRIEF: MasterCard Foundation, CGAP Announce $11.4m Partnership for Branchless Banking, Client Research

The MasterCard Foundation, a Canada-based nongovernmental organization (NGO) supporting microfinance and education, and CGAP (Consultative Group to Assist the Poor), a US-based nonprofit policy and research center, recently announced a USD 11.4 million partnership to develop low-cost financial products to assist people living in poverty.

MICROCAPITAL BRIEF: CGAP (Consultative Group to Assist the Poor) Seeks Input On Capacity Building For Financial Inclusion

CGAP (Consultative Group to Assist the Poor), a US-based nonprofit policy and research center dedicated to advancing financial access for poor people worldwide, is calling for interested individuals to respond to a short survey designed to clarify the demand for and the supply of capacity building services needed to advance financial inclusion. 

MICROFINANCE PAPER-WRAP UP: “The Jipange KuSave Experiment in Kenya;” by Sarah Rotman, David Ferrand, Stephen Rasmussen; published by CGAP

By Sarah Rotman, David Ferrand, Stephen Rasmussen; published by CGAP (Consultative Group to Assist the Poor); October 2012; 4 pages; available at:http://www.cgap.org/sites/default/files/CGAP-Brief-The-Jipange-KuSave-Experiment-in-Kenya-Oct-2012.pdf