The World Bank distributes about $25 billion a year to countries through governments that identify areas where investment is needed and capital can be deployed to build infrastructure. Traditional conduits of lending, including banks and other entities, issue trillions of dollars to keep the wheels...
Karla Ogaro was a certified pharmacist in the Philippines before emigrating to Canada. Mohammed Aly, also an immigrant to Canada, was a dentist who ran a clinic that served over 2,000 patients in his native city of Cairo, Egypt. Josie Scapa worked as a nurse on two continents...
Microlending is a relatively simple concept that can be complicated to evaluate. The theory behind it, pioneered by Nobel Prize-winning economist Muhammad Yunus, is pretty straightforward. By accessing small loans at moderate interest rates, impoverished borrowers can invest in building small businesses, getting an education or making...
A well-made chart can be good for a lot of things, like breaking down a complex problem into an accessible visual, illustrating a point or making a presentation more interesting. Last week, charts broke into a new niche: sparking Twitter wars between economists and social...
June 08, 2020
The World Bank distributes about $25 billion a year to countries through governments that identify areas where investment is needed and capital can be deployed to build infrastructure. Traditional conduits of lending, including banks and other entities, issue trillions of dollars to keep the wheels of commerce growing. But for roughly 2 billion individuals around […]
March 01, 2022
Branch International, an Andreessen-backed startup, is vying to become a pan-African digital bank, Bloomberg reported Tuesday (March 1). The microfinance company now sees a growth opportunity in online financial services in Africa. The company has operations in India, Nigeria, Kenya and Ghana, and it plans to build its business through buying microfinance lenders, according to […]
