CFI Blog

Ley Moratoria (Moratorium Law) Passes in Nicaragua

ley moratoria moratorium law passes in nicaragua

From the time of massive globalization, especially after the 1990s, from 2004 to 2008, the microfinance industry had witnessed unprecedented growth since its founding in the 1980s by a Ph.D. scholar who opened a bank in Bangladesh, which doled out loans in small amounts and short interest. The microfinance industry has enabled over a billion … Read more

The Heart and Science of Client Assessment

The Heart and Science of Client Assessment

Health indicators can cover certain characteristics of a population that can be quantifiable for researchers to use. As they take this information to measure up the health of that population. Now certain leading indicators of health can be easily included in this list, like the accessibility of common people to healthcare services, the overall quality … Read more

Microfinance as a Mobile Game for Teens

Microfinance as a Mobile Game for Teens

This is very true that these days, almost everyone is addicted to their phones. No matter where you are, you will find most people on their phones, some playing games, some watching movies and some simply scrolling through their social media.  The good thing about this is if you want to reach millions of people … Read more

Adventures in Love and Credit Reporting

Adventures in Love and Credit Reporting

You may be wondering from the title what’s love got to do with Credit Reporting. Well, you are not alone in this. But believe me when I say this, in a heightened financially conscious society, things like money gets into everything. In a recent article about dating in The New York Times, a recent study … Read more

Savings is the Key to Merchant Payments in Developing Countries

Savings is the Key to Merchant Payments in Developing Countries

The financial ecosystem is quickly evolving from a cash-dependent payment system to a digital transaction system. This new system has limitless opportunities for creative business owners to create niches for themselves. Newer industries are making headway into the finance industry, which was entirely run by banks earlier. Nowadays, mobile operators, e-commerce companies, and tech giants … Read more

Discrimination and Credit Underwriting in the Age of Social Media

Discrimination and Credit Underwriting in the Age of Social Media

Social media has gradually infiltrated every aspect of the majority of the population’s lives. It has evolved greatly since its early days when it was primarily used for interpersonal reasons like connecting with friends. Nowadays, business marketing, financial transactions, consumer engagement, etc., are also heavily dependent on social media presence. From posting ad copies to … Read more

Accelerating Financial Inclusion with New Data

Accelerating Financial Inclusion with New Data

They say data is the new gold. Whoever has the data will control a substantial part of the economy in this increasingly data-dependent trading environment. But this concept has existed in some form or the other over human history. During the early phases of industrialization, and during the advent of democracy, census records became essential … Read more

When Access to Finance Means the Difference Between Life and Death

when access to finance means the difference between life and death

When we say finance means the difference between life and death, nothing accentuates it better than the reality we witnessed during the pandemic. Inequality was exacerbated during this global catastrophe, and the divide between the haves and have-nots became more glaringly apparent. There was a global economic collapse, where ordinary people were removed from jobs, … Read more