February 15, 2019
The need for a better measurement approach was the impetus for establishing the Impact Pathways project, pioneered by the UN Capital Development Fund (UNCDF) with conceptual and technical support from BFA. This project embraces a “pathways” approach to unpacking the felt benefits and development outcomes experienced by users of financial services. The key goal behind this approach is to take into account the whole set of financial products that low-income customers use, to understand all the ways they might use each of them, and to assess the benefits that they experience. This comprehensive assessment might ultimately help detect any improvement financial services have on a range of SDGs.
December 12, 2018
Financial Inclusion in Paradise: How do Pacific Island Countries stack up to the Global Findex? By Liz Larson (Shortened version of this article was first published by FinDev Gateway) Earlier this year World Bank released the much anticipated “Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution”, giving the world another installment of...
July 4, 2018
Students need to take their classroom skills and knowledge into the real world for financial education (FinED) to be effective. That’s exactly what the impressive Sigatoka Special School is doing through leading the way on innovative projects that help the students put money management into practice. Recently the UN’s Pacific Financial Inclusion Programme (PFIP) visited...
January 29, 2018
By: Isaac Holly, Krishnan Narasimhan, Vivek Gupta, Priyank Mishra, Amit Joshi, and Puneet Chopra With a big smile on his face, Timothy can’t help but show his friends and family, the newest feature of his mobile phone. When people ask him the reason, he proudly says “You know what I have done using this? I have...
October 23, 2017
It is a challenge for the financial institutions and the Government of Solomon Islands to provide access to suitable, affordable and sustainable financial services for the masses. Formal financial services are limited and mostly concentrated in the capital city of Honiara, and some of the other provincial capitals. Lack of financial and physical infrastructure, in terms of roads and transportation, makes it a near impossibility for a majority of the low-income people to avail basic banking services.