Colombia, a “Pathways” poster child

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>>Authored by Paul Gostomski, Microcredit Summit Campaign Program Intern

The 100 Million Project, an initiative of the Microcredit Summit Campaign, aims galvanize and support work that helps advance industry toward the goal of helping 100 million families lift themselves out extreme poverty. To do so, the Microcredit Summit Campaign advocates adoption of “Six Pathways,” which are financial inclusion strategies that can reach the extreme poor and facilitate their movement out of extreme poverty.

The Consultative Group to Assist the Poor (CGAP), a global partnership of 34 leading organizations that seek to advance financial inclusion, recently published a paper that does an excellent job highlighting two pathways that are currently being implemented in Colombia: conditional cash transfers and an initiative to link mobile banking services with agent networks.

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Discussions with practitioners in the field: What’s up with mBanking?

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Jesse Marsden, Research & Operations Manager at the Campaign, shares some of the practitioner viewpoints about mBanking gleaned from our joint research with Microfinance Opportunities. EspañolFrançais Continue reading

Nokia, connecting people. All the people.

Mobile money is one of the hottest topics in the wireless world and the leaders of Nokia have understood it. According to an Article published on Reuters yesterday (read) Nokia has announced its intention to lauch mobile finance service.”Mobile-enabled financial services has tremendous growth opportunities,” said Nokia Chief Development Officer Mary McDowell to the press last Monday.