Login Form

Video Share Gallery

Image Gallery

Image Detail
Informal Firms and Financial Inclusion: Status and Determinants PDF Print E-mail
Written by RFN   
Wednesday, 23 April 2014 09:25

Authors/Editors: Subika Farazi


Many firms in the developing world—including a majority of micro, small, and medium enterprises—operate in the informal economy. The informal firms face a variety of constraints, making it harder for them to do business and grow. Lack of access to finance is often cited as the biggest operational constraint these firms face. This paper documents the use of finance and financing patterns of informal firms, highlights differences between use of finance by formal and informal firms, and identifies the most significant characteristics of informal firms that are associated with higher use of financial services. The analysis shows that use of loans and bank accounts for business by informal firms is very low and a vast majority finances their day-to-day operations and investments through sources other than financial institutions (internal funds, moneylenders, family, and friends). A majority of informal firm owners would like their firms to become formal but do not do so as it would require them to pay taxes. Registered firms are 54 percent more likely to have a bank account and 32 percent more likely to have loans. Results also show that firm size, the level of education of the owner, and whether the owner has a job in the formal sector are significantly associated with financial inclusion of informal firms.

Webinar| How to Design, Test, and Market a Credit Card for Farmers: Lessons from Turkey PDF Print E-mail
Written by RFN   
Thursday, 17 April 2014 10:50

Date: Tuesday, April 29, 2014

Event Type: Webinars

Location: Online

Country: Turkey

Event Description:

Credit cards are valuable financial products for both consumers and financial institutions. Recently, Yapi Kredi, a commercial bank in Turkey, rolled out a new credit card to meet the growing needs of farmers in their market.

Join this webinar to listen to Ömer Demirhan, the manager responsible for this project, who will talk about what it takes to design, test, and market a specialty credit card. Among other things, you will learn about how Yapi Kredi manages the risk associated with credit card lending and the partnerships that the bank has built to increase the benefits for farmers.

Kenya's Sharia-Friendly Livestock Insurance PDF Print E-mail
Written by RFN   
Friday, 11 April 2014 09:58

Wajir — A mutual insurance scheme based on Islamic Sharia law has been launched to reduce the impact of extreme weather events on pastoral livelihoods in Kenya's arid northern regions where perennial drought often decimates thousands of livestock.

The Islamic Takaful insurance, which is gaining acceptance by livestock keepers keen to operate under the religion's precepts, is boosting risk management.

Prior to its introduction, livestock farmers here had not embraced conventional insurance schemes in great numbers, though IRIN reported on a pilot Index Based Livestock Insurance (IBLI) scheme in 2010.

Last Updated on Friday, 11 April 2014 10:00
How to improve agent performance with incentives PDF Print E-mail
Written by RFN   
Tuesday, 15 April 2014 15:18

Globally mobile money operations has relayed heavily on Mobile Money agents to extend their distribution network and reach. In June 2013, there were 886K mobile money agents. Despite the rapid growth rate, 48% of these agents were inactive. Looking at the data from the State of the Industry report, an agent should be performing at least 10 transactions a day, and the most successful perform 60-70 transactions on average a day.  If agents fall below 10 transactions a day on average, what tactics should operators apply to activate agents through incentives?

This post will highlight three types of commissions and incentives that could be introduced and fine-tuned to increase the role of agents to activate the user base.

Multidimensional poverty assessment tool (MPAT) PDF Print E-mail
Written by RFN   
Tuesday, 08 April 2014 11:38

An innovative new tool for assessing, understanding and addressing rural poverty

The Multidimensional Poverty Assessment Tool (MPAT) provides data that can inform all levels of decision making by providing a clearer understanding of rural poverty at the household and village level. As a result, MPAT can significantly strengthen the planning, design, monitoring and evaluation of a project, and thereby contribute to rural poverty reduction.

The Multidimensional Poverty Assessment Tool (MPAT) is the result of a collaborative, international initiative begun in 2008 and led by the International Fund for Agricultural Development (IFAD). The purpose was to develop, test and pilot a new tool for local-level rural poverty assessment. The tool went through extensive field testing in several countries and independent validation and peer-review. MPAT is relatively easy to use, requires few resources to implement, and provides users with a reliable and comprehensive picture of a community’s poverty situation.

Last Updated on Tuesday, 08 April 2014 11:47
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 43

Events Calendar

April 2014
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3
Joomla extensions by Siteground Hosting