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Eliciting Innovation through Challenge Funds

Sep 29, 2016
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Challenge Funds (CF) have been implemented in several countries by donors to elicit innovative responses to a variety of chronic challenges, including bottlenecks in financial access, reducing the number of out-of-school children, arresting waste and inefficiencies in agricultural value chains.

Adoption – The Bottleneck in Scaling Mobile Financial Inclusion

Aug 31, 2016
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The second edition of The Brookings Institute’s Financial and Digital Inclusion Project (FDIP) Report presents findings on financial access and usage from a diverse set of 26 countries. The publication is built around a scorecard generated using four composite indicators: country commitment, mobile capacity and regulatory environment.

Women-Owned SMEs: A Vital Engine of Growth

Jul 28, 2016
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According to a growing body of evidence, increased female participation in the economy, particularly via women-owned small and medium enterprises has positive effects on economic growth and wider developmental goals and priorities. Despite such mounting evidence, we find that women-owned SMEs and female entrepreneurs face barriers and constraints that severely restrict their growth potential.

Using Big Data to Extend Loans to the Unbanked

Jul 21, 2016
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In economics, the process of managing income shortfalls is known as “consumption smoothing” and loans along with savings are the two options used to manage such shortfalls. In the absence of sufficient savings, the availability of loans is crucial to meet expenses.

Mobile Wallets: A way to bring transparency to ROSCAs?

Jun 22, 2016
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Rotatory Savings and Credit Associations (ROSCAs) are a popular mode of saving in Pakistan. In local parlance, they are called “committees” and are particularly popular among women.

Using HCD to Develop User Friendly Apps and Interfaces

Jun 2, 2016
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Karandaaz Pakistan commissioned GRID Impact, a global research, innovation and design firm, to develop concept designs for a smart phone application for mobile money. With 8.7% of adult Pakistanis reportedly having an account at a financial institution.

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