Mudit Kapoor, Jonathan Morduch, and Shamika Ravi From Microfinance to m-Finance Innovations Case Discussion: M-PESA In some countries it can take years to get a new telephone line installed. In 1990, there were just 10…
Browsing Categoryitgg
Nick Hughes and Susie Lonie
Nick Hughes and Susie Lonie M-PESA: Mobile Money for the “Unbanked” Turning Cellphones into 24-Hour Tellers in Kenya In March 2007, Kenya’s largest mobile network operator, Safaricom (part of the Vodafone Group) launched M-PESA, an…
Robert D. Austin
Robert D. Austin Kiva as a Test of Our “Societal Creativity” Innovations Case Discussion: Kiva.org The accomplishments of the team of founders at Kiva are impressive on many lev- els. Their use of technology to…
Matt Flannery
Matt Flannery Kiva and the Birth of Person-to-Person Microfinance I started Kiva in 2005 with my wife, Jessica. Kiva is an online lending platform that allows individuals in the developed world to loan to small…
Fazle Hasan Abed and Imran Matin
Fazle Hasan Abed and Imran Matin Beyond Lending How Microfinance Creates New Forms of Capital to Fight Poverty The very idea of microfinance has changed banking as we knew it. Providing small loans to the…
Sharon Stieber
Sharon Stieber Is Securitization Right for Microfinance? The microfinance industry is playing a leading role in helping to alleviate poverty by providing tiny loans to the marginalized majority of the world’s population that lives on…
Jacqueline Novogratz
Jacqueline Novogratz Meeting Urgent Needs with Patient Capital The past 20 years have seen an unprecedented rise in wealth, with new technolo- gies changing the economic landscape. But globalization has also increased the divide between…
Guy Stuart
Guy Stuart Regulatory Innovation in Microfinance The MACS Act in Andhra Pradesh If the past is any guide, continued progress in addressing public chal- lenges will require continued innovations—the efforts of individuals, groups, and communities…
Susan Davis and Vinod Khosla
Susan Davis and Vinod Khosla The Architecture of Audacity: Assessing the Impact of the Microcredit Summit Campaign In 1997, a dozen heads of state1 joined almost 3,000 participants from 137 coun- tries in Washington, DC….