Tag Archives: savings

Bridging East Africa’ formal – informal financial services divide

Kenya’s formal inclusion looks pretty, the financial inclusion industry has been has been great at talking up its achievements over the past 10 years. Here, 75.3% of Kenyans are now formally included, a 50.3% increase from 19 years ago. Official statistics on mobile phone penetration is up to 80.5% of the population and there is general […]

Posted in Africa, Alternative currency, Cashless transactions, Cattle, Kenya, Loans, Mama Biashara, rural, Savings, Uganda | Also tagged , , , , , , , , | Leave a comment

Creative ways to financial inclusion, inspired by observing practice

Needless to say, mobile money has been a wild success in scaling an expansive agent network for converting cash to e-money and enabling person to person money transfer. Speaking at a recent conference, John Staley, Chief Officer – Finance, Innovation and Technology at Equity Bank had this to say: “We should move the conversation from […]

Posted in Assumption filter, Banking, Base of the Pyramid, Cattle, Culture, Kenya, Livestock, Loans, Perspective, Philipines, rural, Rural Economy, Savings, urban | Also tagged , , , , | Leave a comment

Sharing insights on the ROI of cow ownership with The Economist et al

Dung cakes provide free fuel for the rural housewife (photo credit: Goverdhan Meena) While the internal rate of return (IRR) of a cow may certainly be in the high negative numbers, per the recent Economist note on research, there are other elements of the cost/benefit analysis that also need to be taken into account when […]

Posted in Africa, Alternative currency, Assumption filter, Banking, Base of the Pyramid, Business, Cattle, Consumer Behaviour, Ecosystem, India, Indigenous & Traditional, Informal & Flexible, Livestock, Prepaid Economy & Informal Sector, Research, rural, Rural Economy, Savings, Systems, User research, Value | Also tagged , , , , , | Leave a comment

Women Together: Incentivising Savings

Mahila Milan means “women together” and provides a decentralised vehicle for the empowerment of women via leadership roles and advocacy alongside its pivotal daily savings collection.

Posted in Banking, Collection, India, Informal & Flexible, Loans, Research, Savings, urban | Also tagged , , , , , | 1 Response

Savings Circles

Bishi schemes are a kind of Rotating Savings and Credit Association (ROSCA): informal and voluntary local savings clubs which has a long history in India and elsewhere in the developing world.

Posted in India, Informal & Flexible, Research, Savings, urban | Also tagged , , , | Leave a comment