by Carol Caruso | Africa, Financial Inclusion, Global, Impact Economy, Impact Investing, Latin America, North America, Regions, Scaling Solutions, SDG 1 - No Poverty, SDG 10 - Reduced Inequalities, SDG 8 - Decent Work and Economic Growth, Tech for Social Good
Limited access to affordable financial services for many Americans is deepening the wealth divide across the U.S. According to the Federal Reserve, 40% of American adults wouldn’t be able to cover a $400 emergency with cash, savings, or a credit-card charge that they...
by Ratika Kapoor | Asia, Editor's Picks, Scaling Solutions, SDG 1 - No Poverty, SDG 10 - Reduced Inequalities, Stakeholder Capitalism, Tech for Social Good
The credit gap for micro, small and medium enterprises (MSMEs) in India is estimated by World Bank to be USD 380 billion. Approximately, only 16 per cent of MSMEs in India receive formal credit while the others are under-financed or financed through informal sources....