Articles in Responsible finance

women-led sme

Six best practices to best serve women-led SMEs

10 February 2015
UPSIDES RECOMMENDS - For individuals, the new year is typically the time to make resolutions and vow to practice new, better habits. For businesses, the new year might be a good time to look for new opportunity. In the economic development space, one burgeoning opportunity is the small-to-medium enterprise (SME) segment. Over the past few years, this segment has made a significant contribution to the global economy. Women-led SMEs, in particular, are not only creating jobs for themselves but also employing others. In 2012, an estimated 126 million women were starting or running new businesses in 67 economies around the world. read more
financial inclusion

A ‘local’ answer to financial inclusion

29 January 2015
UPSIDES RECOMMENDS - A small ‘local area’ bank and a Business Correspondent (BC) company in India may be showing the way forward in using agent channels to provide savings services to low-income clients. read more
Mother and son - India. A small child engages with new technology, hopefully developing new knowledge and skills, while his mother is working her traditional daily job.

More than a thousand words – CGAP Photo Contest

28 January 2015
Jessica Pacheco

Meet the banker: Jessica Pacheco in Peru

16 January 2015
Upsides talks to bankers from around the world. Why did they start working in the financial sector? What does the financial landscape look like in their country? And how does this landscape influence their actions? read more
Gabriel Gonzalez

Meet the banker: Gabriel Gonzalez in Paraguay

23 December 2014
Upsides talks to bankers from around the world. Why did they start working in the financial sector? What does the financial landscape look like in their country? And how does this landscape influence their actions? read more
CGAP, Nayan Sthankiya

Five bright ideas for responsible digital finance

22 December 2014
UPSIDES RECOMMENDS - Delivery of financial services via mobiles, cards and other digital means is growing at a blistering pace in some markets. In Bangladesh, for example, annual growth in the number of mobile money users, agents and transaction volumes is averaging over 500 percent. This trend is hugely promising for helping previously unbanked people have more and better financial options. Many of us are asking how digital financial inclusion can be accelerated in more places and for more underserved consumers. There is another important question we should be asking as we work to promote digital finance innovation and scaling: 'What are reasonable steps that providers and other players should be taking to ensure that these services are being delivered fairly, transparently and safely?' read more
Quechua woman and child

Countering the double invisibility of rural women through more inclusive lending

1 December 2014
UPSIDES RECOMMENDS - Rural populations are often an invisible market for financial institutions, being far removed from the bustling markets of the metropolis. Seeing rural women as a market to serve is doubly hard for these institutions to see because in these communities, women’s work and their income are considered just a part of their everyday work and not a distinct, productive activity. Knowing that these communities are in need of financial inclusion, what tools do we need in order to serve a segment that is both geographically and economically distinct from the urban sector? How can we better recognize the economic contributions women make to their household and to society? read more
Urban Mongolia_Al Jazeera English

Nomindari Enkhtur: ‘We cannot succeed in a world that fails’

25 November 2014
In order to curb Mongolia’s significant environmental and social problems, government agencies, industry players and financial institutions met in May 2013 at the first Mongolian Sustainable Finance Forum in Ulaanbaatar. The main topic: the question how to steer Mongolia towards a greener development path. All banks signed a joint statement committing themselves to promote sustainable banking. The Mongolian Sustainable Finance Working Group (MSFWG) was launched, a joint initiative by all Mongolian banks, the Central Bank of Mongolia, the Ministry of Environment and Green Development and the Financial Regulatory Commission, spearheaded by the Mongolian Bankers Association (MBA). Upsides spoke to Ms Nomindari Enkhtur, MBA's international relations and partnership manager. read more