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Financial accessibility and management

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In: Stories

Smart Communications: Low-cost Money Transfers for Overseas Filipino Workers

A leading wireless telephone services provider in the Philippines, Smart Communications, Inc. recognized that at least 8 million Filipinos work and live abroad—about a quarter of the domestic labour force. In 2005, Filipino workers overseas sent $10.7 billion in remittances, with at least as much...

In: Videos

A short introduction to Microfinance by Kiva.org

A graphical, easy-to-understand video about how microfinance works.

In: Stories

KPMG supports Fairtrade Africa

BRIGHT is KPMG Europe’s first skills-based pro-bono project that supports the Millennium Development Goals. The global financial services group aims to support capacity building in the core areas of finance, risk management, operational excellence, human resources, IT and marketing. During 2011,...

In: Stories

A Little World: Facilitating Safe and Efficient M-Banking in Rural India

A Little World (ALW)is an Indian company facilitating safe and efficient mobile-banking in rural India by offering a secure, low‐cost technology driven delivery platform for financial services through special mobile phones.

In: Videos

The Global Partnership Social Investment Fund seeks investments in Latin America

The NGO Global Partnerships is redefining microfinance and moving beyond the concept of microloans as working capital. It aims to achieve greater impact in reducing poverty by combining these loans with affordable social investments, such as health services, training and low-cost pensions and...

In: Videos

CEMEX mobilizes public and private resources to pave streets in Mexico

CEMEX, a multinational cement company based in Mexico, has devised a plan to mobilise both public and private resources to pave streets in low-income neighbourhoods.

In: Videos

Public-Private Partnership for Low - Cost Housing Investments

Thousands of Salvadorans with no credit history can access loans now to make home improvements and expand their home businesses. El Salvador has developed a unique and sustainable financial business model that enables low-income consumers to improve and expand their homes by mobilizing...

In: Videos

Vision Banco partners with Habitat to provide low-income housing in Paraguay

Thousands of low income Paraguayans will be able to make home improvements with credits provided by a Vision Banco-Habitat partnership.

In: Stories

How financial illiteracy becomes both the cause and consequence of economic inequality

This is a blogpost on the CRS newswire that questions the usefulness of CSR programmes provided by banks and other financial institutions.

In: Stories

Chilean bank pursues business opportunities in the low-income microenterprise market

Where others see obstacles, Chile’s Banco de Crédito e Inversiones (BCI) sees opportunities.

Women Initiative for Prosperity (WIP)

The Women’s Initiative for Prosperity (WIP) is a Ugandan community-based NGO. The organisation uses a holistic approach in its development projects. This ensures that projects are not only focused on restoring people and their communities to their pre-crisis conditions, but also on establishing a...

In: Videos

Cemex makes home improvements accessible for the poor in Mexican slums

Construmex is one of CEMEX's vanguard social initiatives. It was launched following the company's experience resulting from Patrimonio Hoy, a preceding low-income market and socially minded business initiative. Since its inception in 2001, Construmex has helped more than 14,000 Mexican migrants in...

In: Videos

WIZZIT reaching the Unbanked of South Africa

It is estimated that 40 percent of South Africa's 45 million population are un-banked or under-banked. However, nearly 60 percent of South Africans have mobile phones. The proliferation of mobile services worldwide has created a unique opportunity to provide social and financial services over the...

In: Stories

Rajawali’s Express Taxi: Working with Taxi Drivers as Business Partners in Indonesia

The 1997 Asian financial crisis created a job vacuum in Indonesia, with companies forced to lay off 1.4 million workers. A decade later, unemployment rates continue to rise and poverty defines the context for Indonesia’s economy, social relations and security. Express Taxi, a subsidiary of the...

In: Stories

Partnerships allow Rural Finance Corporation to promote rural development in Moldova

Rural Finance Corporation (RFC) is a non-bank for-profit financial institution that has been functioning on the financial market of the Republic of Moldova for 10 years. Its mission is to directly take action against poverty in Moldova and promote rural development, offering favorable financial...

In: Stories

Public-private partnerships provide microfinance to remote regions of Voronezh Oblast

The Voronezh Oblast State Fund for Small Business Support (hereafter referred to as ‘the Fund’) in cooperation with a multitude of partners started in 2009 to provide microfinance services and mobile banking for micro-and small businesses in the remote regions of Voronezh Oblast. The...

In: Stories

India Financial Inclusion Fund raises $90M kitty

The India Financial Inclusion Fund (IFIF), an equity fund that invests in companies that provide financial services to low-income clients, has, after its final closing, raised USD 90 million worth of capital in the last fifteen months. The fund will be used to invest in microfinance institutions...

In: Stories

Adidas is to make €1 trainers for millions of people around the world who cannot afford to buy shoes

Reebok International is working to develop a "sustainable business model" as part of its German parent Adidas AG's plans to sell "one dollar shoes" in India. After conducting a pilot test for 5,000 pairs of shoes of an existing design of Reebok in three villages in Bangladesh last year, the firm...

Suri Natun Juger Pratyasha

Suri Natun Juger Pratyasha is an NGO in West Bengal. The organisation undertakes socio-economic development programmes in rural Bengal for the welfare of marginalized communities, in particular, women for whom it provides confidence building programmes, vocational training and income generating...

International Monetary Fund (IMF) - India

The International Monetary Fund (IMF) is an organisation established to promote international monetary cooperation, exchange stability and economic growth. India joined the IMF in 1945. IMF credit has helped India respond to emerging balance of payments problems. IMF has provided India with...