Articles

Effective Risk Assessment Models and Alternative Data Proves Beneficial for Retail Lenders

Effective risk assessment is instrumental in the lending business. According to Medici, technology companies are creating risk assessment models with increasingly inclusive variables that are allowing lenders to reach the previously unbankable population.

Articles

Articles

EBRD Provides A €10 Million Loan To Sparkasse Banka Makedonija
Through the European Bank for Reconstruction and Development’s Western Balkans SME Competitiveness Support Programme the Sparkasse Banka Makedonija will receive a €10 million loan to boost lending for SMEs. According to the article, the loan is aimed at improving the competitiveness of local companies, with at least 60 percent of the funds aimed...
Financial Products Created with Women In Mind
The largest untapped market in the world is women, according to Women’s World Banking. Financial institutions are failing to ensure their offerings work for women, however three elements with a gender-inclusive design can help counter this issue: Go beyond “gender-neutral” Segmenting by gender during the product design phase Developing the...
Alitheia Capital's Tokunboh Ishmael Starts a Fund for Africa's Women Entrepreneurs
Startups founded by women receive less than 50 percent of investment funds than those founded by men, even though women are achieving 10 percent higher profits, according to Boston Consultant Group. Tokunboh Ishmael, co-founder of Alitheia Identity, an investment management and advisory firm focused on channeling private equity investments into...
Nena Stoiljkovic on Women Entrpreneurship
IFC Vice President Nena Stoiljkovic was in Japan for the international conference "World Assembly for Women: WAW!" talked about support for women. Of IFC's many missions, supporting female entrepreneurs is very important. IFC has a network of around 800 local banks in developing countries, through which they offer support to make it easier for...
Investing in Women: The Power of Partnership
The program is the Women Entrepreneurs Opportunity Facility (WEOF), a joint initiative established by IFC and the Goldman Sachs Foundation. Its goal is to provide access to capital for 100,000 women, stimulating economic growth, and building stronger, more prosperous communities. Although WEOF still has six years to run, to date, it has made over...
Blended Finance - A Stepping Stone to Creating Markets
At the heart of IFC’s approach to blended finance are efforts to create and help sustain private markets with strong development impact. This note explores the role of blended finance in creating markets and looks at lessons from three blended finance projects and structures—and how each contributed to the creation of markets that are scalable,...
Providing Pre-Seed and Seed Capital is an Essential Step to Bringing West Africa and Sahel’s Entrepreneurs to the Next Level
More than 40 percent of African entrepreneurs cite access to finance as the major factor limiting their growth, according to World Bank Enterprise Surveys. In this article, the author says that West African start-ups and innovative young SMEs are indeed facing the classic ‘valley of death’ — the space between where the entrepreneur’s own resources...
Digital Finance Models for Lending to Small Businesses in India
Mihasonirina Andrianaivo is a Senior Financial Sector Specialist working in Finance and Markets operations in the South Asia Region the World Bank. In this blog, she writes about programs announced in recent years that have fostered a more favorable business environment for fintech models to emerge in the MSME lending space – in India. According...
World Bank's Kristalina Georgieva: To End Poverty, Tap Full Potential of Women Starting Businesses
Kristalina Georgieva is the chief executive officer of the World Bank. A Bulgarian national, she previously helped shape the agenda of the European Union, first as Commissioner for International Cooperation, Humanitarian Aid and Crisis Response from 2010. In a special to The Yomiuri Shimbun, Georgieva shares the importance of women-owned...
Janet Zablock
Former Head of Global Small Business at Visa, Janet Zablock has a new role as an Independent Board member at Nav Inc. Nav gives small businesses access to personal and business credit reports, cash flow analysis and lender-neutral marketplace that uses this data to connect them to the right financing for their situation. Zablock says she is...