If you want to start your own small business or need some money urgently for some emergency, microfinancing can be very helpful for you. Microfinancing basically means the provision of small loans, savings, and other financial services to low-income individuals or groups who are typically excluded from the traditional banking system. Microfinancing is often used … Read more
It is common knowledge that a country needs to expand its economy for worldwide financial reverence and influence. It must be financially inclusive. Since the industrial revolution, the world economy has seen unprecedented wealth generation. With methods of mass production and technological advancements, we have managed to generate jobs, improve our living standards, revolutionize medical … Read more
Re-imagining Financial Inclusion is important for the empowerment of low-income communities, especially women. The existing financial services are not serving much to the people who are at the base of the economical pyramid. So how would we do that and is it even possible to redesign the existing system? This article will cover everything. The … Read more
A study showed that the women who belong to the base of the financial pyramid often have more responsibility to manage the finances of the household. The researchers have conducted the research in different countries like India, Egypt, Uganda, and Papua New Guinea, with over 2500+ women. From the result of the study it is … Read more