Microfinance

/Tag: Microfinance

For Women in India Small Loans Have a Big Impact

In Harhua, India, a sleepy village on the outskirts of the ancient city of Varanasi, Irawati Devi stands proudly under the bael tree that shades her home. Goats scour the ground around her mint-green food carts, searching for traces of the fried noodles and samosas she sells. “When we first moved to Harhua,” Irawati, 58,

The potential and limits of the fintech revolution in emerging markets

Microfinance was long been seen as the silver bullet for poverty alleviation. Over the years, we have learned that it has limitations, but it’s still one of the most powerful tools for financial inclusion. Now, financial technology, or fintech, promises us another revolution, one that could potentially reach millions more through nano-savings and credit delivered