The grant agreement between the UN Capital Development Fund (UNCDF) and Digital Money Myanmar (Wave Money) was signed on the 9th of January 2017, in the presence of representatives from the United Nations Development Programme (UNDP) and the Australian Department of Foreign Affairs and Trade (DFAT).
You don't need to understand the language to love this commercial (below) for UNCDF/MicroLead partner NBS Bank's Papufi savings account. NBS Bank became the first bank in Malawi to provide a savings account which is transactional immediately and where the customer is not required to fill out any forms. All account opening information is collected electronically by the sales team in the field. The Papufi account has resulted in customers demanding other banks enable the opening of accounts in local market areas or customers’ homes, where it is more convenient.
The Reserve Bank of Malawi, Women’s World Banking and NBS Bank are hosting a FREE webinar on Tuesday, January 17, 2017 at 9 AM EST, 4 PM CAT. The webinar will examine promising approaches and lessons learned as regulators and financial institutions work together to create accessible and profitable financial access for women.
The Town Development Fund of Nepal organized a national conference on Municipal Finance jointly with the Ministry of Federal Affairs and Local Development (MoFALD) and the Ministry of Urban Development (MoUD) that took place on December 20 in Kathmandu at Hotel Annapurna.
“Leaving nobody behind” is the very foundation of the Sustainable Development Goals. Therefore, we are happy to be working on this important initiative - which will make sure that more people in Sierra Leone have access to finance - together with the Bank of Sierra Leone
Sunil Saigal, Resident Coordinator, United Nations in Sierra Leone
Today UNCDF celebrates its 50th anniversary.
Much has changed in the world since UNCDF’s founding in 1966, and while its programmes have evolved over the years, its guiding mission has remained very much the same: making finance work for the poor.
Caisse d'Epargne et de Credit du Cameroun (CEC) is organized as a member cooperative with ten branches and over 56,000 active members. Through UNCDF’s MicroLead program and supported by technical service providers BASIX and Pamiga, in April 2015, CEC began rolling out digital financial services using a proprietary agent network. We interviewed CEC’s Eric Kenkolla, Director Information Systems, about their agent network.
MicroLead: What type of agent network is CEC using?
A DFS Knowledge Sharing Workshop
How can financial service providers best adopt digital finance solutions (DFS)? What are the potential pitfalls, opportunities and challenges of digital finance?
This October, Burkina Faso financial service providers (FSPs), NGOs working with informal savings groups, an MNO, Fintechs and regulators met to share their experiences and answer these questions.
Orphaned and uneducated, Felicia Nimo had to struggle to make her way in life. Adopted along with her siblings by her aunt, she took her place at her aunt’s petty trading business. There, she learned the business, working there until she married.
Felicia opened a “chop bar,” and life was rosy until her husband fell seriously ill and was unable to work. The burden of supporting the family fell upon Felicia. Stretched between family and business obligations, her business suffered, and customers went elsewhere.
Representatives from UNCDF's local development finance team attended the Greater Mekong Subregion (GMS) 21st Ministerial Conference in Chiang Rai, Thailand.
The event is an annual meeting of GMS ministers. The meeting provides policy direction for programme and oversees progress in identifying and implementing "results-oriented" subregional cooperation initiatives.