Displaying all posts from 2009
December 11, 2009
Last month we published a report revealing that half the world is unbanked: the tally counted 2.5 billion adults worldwide without a checking or savings account. Others have attempted this count in the past, but the margin of error has been large (plus or minus a half a billion). We thought it was time to try for a more exact estimate given how key the target is for policymakers.
December 10, 2009
In his useful assessment of microinsurance schemes, Paul Mosley proposes the idea of “quasi-insurance” – the provision of risk-protection through non-insurance routes such as loans and savings in markets where microinsurance is lacking or insufficient.
December 9, 2009
December 8, 2009
No, this isn't a blog about health care, or even reforming financial regulation. This blog is literally about change that is for sale.
November 30, 2009
It’s no secret few MFIs have had much success mobilizing the “poorest of the poor” into their programs. This failure has remained a persistent irritant in an otherwise phenomenally successful industry.
Microfinance advocates have generally taken one of two approaches to the problem:
1) Press on with the spectacular growth approach, increasing financial access (a good thing) but doing little to help the very poor; or