In 1976, when Muhammad Yunus, an economics teacher at the time, lent $27 to a group of 42 women in the village of Jobra, Bangladesh, he could not have imagined the eventual impact this small gesture of goodwill would have. Original source -  https://medium.com/@ashley.potter/how-flexible-microfinance-can-lift-people-out-of-poverty-b6af5413d3b4
Month: January 2020
Posted by: admin January 20, 2020
In 2020 Asia will have the world’s largest GDP. Here’s what that means
Business must adapt to a rapidly growing middle class changing consumer behaviour and profiles. Policy-makers must find ways to make the region’s growth sustainable. Poverty and a lack of infrastructure add to the challenges of digital and labour transformation brought by the Fourth Industrial Revolution. In 2020 AsiaÔÇÖs GDP will overtake the GDP of the…
Posted by: admin January 15, 2020
L-Pesa Propels Financial Inclusion Through Mobile Devices
L-Pesa has had a fantastic impact on financial inclusion over the last few years. To understand how far it has moved finance forward, it is worth looking back. Picture the financial landscape just one decade ago within a small village anywhere in the world. If someone wanted access to credit, it was highly possible…