The Ministry of Interior (MOI) in collaboration with the Ministry of Finance (MOF), Office of Accountant General, and IMC with the support of UNCDF/JPLG jointly organized a two days pre-discussion review workshop (4-5 September 2016) focusing on FDS (Fiscal Decentralization Strategy Progress, Local Government Financing framework, services deliveries of the CG Ministries, in anticipation of the proposed Government Budget Conference which is due to be held on 11th October, 2016, commenced today at the Ambassador Hotel in Hargeisa.
The World Food Programme (WFP) and the United Nations Capital Development Fund (UNCDF) sign an agreement in an effort to scale up WFP’s assistance to support the local economy in Sierra Leone through innovative cash-based transfers. The partnership will enable WFP to build a robust system for delivering cash transfers to the most vulnerable households.
A simple text message is all it will take Pacific Islanders to sign up to new microinsurance products providing a crucial safety net for families.
BIMA, a world-leading mobile micro-insurance provider, and the Pacific Financial Inclusion Programme (PFIP) have launched their second major joint initiative that will provide microinsurance products to underserved communities across five Pacific Island countries.
Making financial services more accessible to the unbanked requires making the right evidence-based decisions, monitoring impact and reconsidering earlier decisions. Each step involves data.
Where can this data come from? Meaningful data trails are left by anyone, including low-income people in the least developed countries, as they interact both offline and online. When financial inclusion efforts are carried out through digital financial services, leveraging data analysis can be automated, cheap and fast.
By Ramatolie Saho, Senior Associate, Product Development, Women's World Banking
During Women’s World Banking’s Making Finance Work for Women Summit last November, Chief Product Development Officer Anna Gincherman moderated a conversation with three leading banks to understand how they are reaching underserved market segments, including women and youth, through innovative savings products.
Ms. ME makes snacks to sell to schoolchildren. She is 30 years old, a primary school graduate, and has her own mobile phone. When the Diaries study started, she lived with her parents but then her mother passed away and her father went back to their home village. Ms. ME’s brother and his wife, and an aunt, also lived with her and, while her mother was alive, shared the same cooking pot. After her mother’s passing the household divided: Ms. ME and her brother and aunt still eat from the same pot, but the sister-in-law keeps some of her business income separate.
Two seemingly different companies, one focused on water and the other focused on fire (or energy), have joined hands to get 15,000 locally manufactured stoves into the hands of everyday Cambodians in the next two years. Hydrologic Social Enterprise Company Ltd. is in the business of getting clean water to more people. They produce ceramic water purifiers called Tunsai locally.
Mobile money has been hailed as the next great leap forward in financial inclusion. But financial service providers and clients are learning that not all mobile money is the same.
Mugagga Sekyanzi, 26, is a born entrepreneur. Beginning with his organic sugar business at the age of 13, he has invested and reinvested his experiences and resources into the business he owns and manages today—Mugagga Industries Uganda Ltd.
The grant agreement between the United Nations Capital Development Fund (UNCDF) and Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) was publicly signed on 16 September 2016, in the presence of the State Bank of Vietnam, Vietnam Women’s Union, the United Nations Development Program (UNDP), the Australian Department of Foreign Affairs and Trade (DFAT) and the Vietnam Chamber of Commerce and Industry (VCCI).
The grant agreement between the UN Capital Development Fund (UNCDF) and Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank) was publicly signed on 16 September 2016, in the presence of the State Bank of Vietnam,