WHY RESPONSIBLE FINANCE INSTITUTIONS SHOULD EMBRACE “UBERIZATION”

Andrée Simon, President & CEO of FINCA Impact Finance
07 Feb 2019

By Andrée Simon, President & CEO of FINCA Impact Finance The sharing economy is forcing banks to compete with dynamic tech firms outside the traditional financial sector. While competition is key, “Uberization” is also creating opportunities for synergy between banks and P2P platforms.   The Sharing Economy The term “sharing economy” dates back to 2007 when Harvard Professor Lawrence Lessig used it to describe how the Internet was changing the world of work. Since […]

Factors Influencing Poverty Outreach Among Microfinance Institutions in Latin America

17 Sep 2015

This report investigates the poverty outreach of 14 microfinance institutions (MFI) across six Latin American countries: Peru, Colombia, Bolivia, Ecuador, Guatemala, and Nicaragua. It uses information that these MFIs have collected in terms of poverty likelihood using the Progress Out of Poverty® Index (a.k.a. Simple Poverty Scorecard) supplemented by in-depth interviews with industry experts. The following is a summary of the report findings. Those who reach the highest percentage of […]