Lending practices in most of the developing world, where wealth concentration in movables can be even greater, is disproportionate with concentration on immovables as the sole type of eligible collateral, most often due to inadequate legal and institutional protections available.
For India to gain double digit growth figures going forward, its micro, small and medium enterprises (MSMEs) will have a prominent role to play in employment generation, exports, skilling and making the sector more formalised. MSMEs contribute 33% to India’s GDP and employ 11.7 crore people (that is 40% of India’s workforce). This snapshot of a panel discussion with four leading FinTech startup founders by Nisha Ramchandani of Outreach at Axilor Ventures.
To help boost women’s access to financial services, VisionFund International, the microfinance arm of World Vision, launched the Women’s Empowerment Fund (WEF) in 2016. The fund’s aim is to build women’s resilience by expanding financial access and delivering high quality credit, savings and insurance products developed with women, especially mothers, in mind.
The #agriculture sector plays a critical role in the livelihoods of people around the world – yet it’s facing an uncertain future. mall- and medium-sized enterprises (#SMEs) in the agriculture sector will be an essential part of any solutions to these challenges.
Article via Next Billion.
P2P lending and fintech companies are subjected to strict regulations holding back the creative disruption of financial services. Article via Financial Post.
Despite all the hype around fintech and cryptocurrencies, financial innovation still generates a particular degree of skepticism. Nonetheless, financial innovation has brought both the investing world and the broader financial services sector to generate products and innovations designed to deliver positive impacts for both society and the planet. Read more in this article via Next Billion.
The unmet SME financing needs have thus created an opportunity for the rise of alternative financing models, such as peer-to-peer lending platforms powered by fintech. Pooling private credit from accredited investors, money can be loaned to carefully screened SMEs, and the minimum buy-in is lower than typically needed for bonds sold at the private banking tier.
Article via Crowdfundinsider.
Listen to the podcast of SVP Darrell, who describes how PayPal financing solutions are positioned in an SMB market. Lastly, because PayPal is embedded in its borrowers’ businesses, Darrell shares some data about how businesses perform after tapping PayPal for capital.
With So Many Financial Instruments Out There – When and How to do Results-Based Financing? Amidst growing skepticism of traditional aid models, the field of results-based financing (RBF) has taken root.
