Publications

Microfinance and Economic Development

21 Dec 2017

    This paper is an insightful and well-written analysis that advocates for a refreshed vision of microfinance following four decades of experience. The authors reconsider the claims about microfinance, both about its social and economic impacts on households and about microfinance institutions’ own profitability as business enterprises that serve low-income households.  The paper argues that claims about large impacts and profits have been exaggerated, but so have claims about failures.  Recent literature suggests that microfinance impacts remain modest and […]

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      Digital Financial Services in Nigeria: State of the Market Report 2017

      21 Dec 2017

        The notion supporting digital financial services (DFS), mainly through ubiquitous mobile devices as a magic bullet for enhancing access and utility of financial services is still in its nascent stages. Through research engagements, the various dimensions of Nigeria’s financial inclusion conundrum are the primary focus of the Sustainable and Inclusive Digital Financial Services (SIDFS) Initiative hosted at the Lagos Business School. By generating an evidence base, we aim to provide […]

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          Microfinance: Revolution or Footnote?

          21 Dec 2017

            In March 2017, a gathering of microfinance and impact business practitioners, investors and analysts was held at Lehigh University, sponsored by Lehigh’s Martindale Center, the Financial Inclusion Equity Council, and Calmeadow, and organized by Grassroots Capital Management and LIPAM International. The purpose was to assess the state of microfinancein light of its successes and setbacks, and in the context of the maturation of the sector’s funding mix to amajority of […]

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              Agent Network Accelerator Research: Nigeria Country Report

              21 Dec 2017

                With the financial support of the Bill & Melinda Gates Foundation, the United Nations Capital Development Fund (UNCDF) and other regional stakeholders, MicroSave is conducting a four-year research project in eleven focus countries as part of the Agent Network Accelerator (ANA) Project. The Helix Institute of Digital Finance, which manages the ANA project, provides financial sector stakeholders with capacity building trainings to develop sustainable digital finance programmes and operations, through […]

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                  Good Practices for Financial Consumer Protection

                  21 Dec 2017

                    Over the past decade, financial consumer protection has become an increasingly mainstream priority. A strong consumer protection regime is key to ensuring that expanded access to financial services benefits consumers, enabling them to make well informed decisions on how best to use financial services, building trust in the formal financial sector, and contributing to healthy and competitive financial markets. The global financial crisis of 2008 highlighted the importance of financial […]

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