Tag : microfinance

Quest Digital Finance Connects the Unbanked to Formal Credit Systems
Banking Finance News

Quest Digital Finance Connects The Unbanked To Formal Credit Systems

Fintech News Desk
by Fintech News Desk0
Uganda is home to 25 commercial banks, four microfinance deposit-taking institutions (MDIs), three credit institutions and more than 300 non-deposit-taking microfinance institutions (MFIs). However, according to the 2018 Finscope Survey, which is published by the think tank Financial Sector Deepening Uganda, an estimated 89% of the adult population is still......
B2B Investments News

EMGA Completes Eur 9.4million Capital Raise For Kashf Foundation

Fintech News Desk
by Fintech News Desk0
The EURO 9.4 million funding facility for Kashf Foundation was originated, structured, and negotiated by Emerging Markets Global Advisory LLP (EMGA), the emerging market investment bank. Speaking on the transaction, Mr Shahzad Iqbal, CFO of Kashf Foundation said, “Kashf Foundation is registered as a Non-Banking Micro Finance Company regulated by the Securities......
60 Decibels Unveils Definitive Assessment of Microfinance Social Impact
Finance News

60 Decibels Unveils Definitive Assessment of Microfinance Social Impact

Fintech News Desk
by Fintech News Desk0
88% of microfinance borrowers agree their quality of life has improved. 34% say quality of life is “very much improved” 73% of borrowers report increased household incomes Seven out of ten say personal savings and financial resilience have improved Ten out of ten top microfinance institutions are in sub-Saharan Africa......
Claim Settlement Case in Madagascar Proves the Value of Insurance
InsurTech News

Claim Settlement Case in Madagascar Proves the Value of Insurance

Fintech Analyst
by Fintech Analyst0
Insurance is a huge market within the fintech ecosystem. It’s growing at a rapid pace. Despite going through so much in the last 2 years due to the COVID-19 pandemic, a very large set of populations around the world undermine the value of insurance services. The value of insurance can......
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