Blog

Deepening measurement in financial inclusion

You manage what you measure and thus it is important to have a measurement framework that drives the right behaviour. Financial inclusion has strong established measurement frameworks dealing with access to and usage of financial services. (e.g. AFI's access and usage indicators, FinDex's formal account ownership indicator and FinScope's access strand).   These have had a strong impact on policymakers and regulators. 24 AFI members have committed to access targets and 31 to usage targets. National and global advances in these metrics are regularly celebrated and encouraged. New technologies, such as GIS plotting, has opened the door to target access…

Alternative data 'lends' a hand

Worried about how to improve your credit score? At least you have one. The harsh reality is that credit bureaus do not have data on the vast majority of the world’s population. According to the World Bank, credit bureaus cover less than a third (30%) of the adult population in the entire world, and in Sub Saharan Africa, they only cover 6% of the adult population.   What does this mean for credit lending? It means most adults in the world are excluded from access to formal credit. Why? There are a number of reasons that cause exclusion to credit;…

Impact: If you want to go fast, go alone, but if you want to go far…

They say that "if you want to go fast, go alone, but if you want to go far, go together." This is how I feel about achieving an impact. I learnt this the hard way, having run five marathons in my lifetime while devoting a decade and a half of my career to trying to generate positive impact on people's lives.   The easiest of those marathons were the ones I ran with running partners. The toughest were the ones I ran alone. The one thing they all had in common was that I always knew exactly where the finish…

Outliers: GIS data and improved investment planning for FSPs

More and more financial service providers (FSPs) are looking to data to inform investment decisions, such as "Where should we roll out financial service points?"   Increasingly Geospatial (GIS) data is being included amongst the datasets FSPs are using when making decisions to improve the effectiveness of their investments. GIS data allows FSPs to contextualise existing information and ask better questions that can inform their business decisions.   An important example of this includes the role of GIS to identify and locate outliers. These outliers have the potential to unlock critical insights that speak to why certain investments work better…

Banks need a paradigm shift to make headway in developing countries

In 1778 the first modern-day savings bank in Germany was founded in Hamburg. The bank was set up to develop solutions for people with low incomes to save small sums of money and support business startups. Fast forward two centuries and there are now 431 savings banks in Germany with 15,600 branches and total assets of €1tn. Each savings bank is independent, locally managed and concentrates its business activities on customers in the region in which it is situated.   Financial services provided, operated and governed at the local level is not a new phenomenon. For centuries communities have pooled…
 

Blog

Deepening measurement in financial inclusion

You manage what you measure and thus it is important to have a measurement framework that drives the right behaviour. Financial inclusion has strong established measurement frameworks dealing with access to and usage of financial services. (e.g. AFI's access and usage indicators, FinDex's formal account ownership indicator and FinScope's access strand).   These have had a strong impact on policymakers and regulators. 24 AFI members have committed to access targets and 31 to usage targets. National and global advances in these metrics are regularly celebrated and encouraged. New technologies, such as GIS plotting, has opened the door to target access…

Alternative data 'lends' a hand

Worried about how to improve your credit score? At least you have one. The harsh reality is that credit bureaus do not have data on the vast majority of the world’s population. According to the World Bank, credit bureaus cover less than a third (30%) of the adult population in the entire world, and in Sub Saharan Africa, they only cover 6% of the adult population.   What does this mean for credit lending? It means most adults in the world are excluded from access to formal credit. Why? There are a number of reasons that cause exclusion to credit;…

Impact: If you want to go fast, go alone, but if you want to go far…

They say that "if you want to go fast, go alone, but if you want to go far, go together." This is how I feel about achieving an impact. I learnt this the hard way, having run five marathons in my lifetime while devoting a decade and a half of my career to trying to generate positive impact on people's lives.   The easiest of those marathons were the ones I ran with running partners. The toughest were the ones I ran alone. The one thing they all had in common was that I always knew exactly where the finish…

Outliers: GIS data and improved investment planning for FSPs

More and more financial service providers (FSPs) are looking to data to inform investment decisions, such as "Where should we roll out financial service points?"   Increasingly Geospatial (GIS) data is being included amongst the datasets FSPs are using when making decisions to improve the effectiveness of their investments. GIS data allows FSPs to contextualise existing information and ask better questions that can inform their business decisions.   An important example of this includes the role of GIS to identify and locate outliers. These outliers have the potential to unlock critical insights that speak to why certain investments work better…

Banks need a paradigm shift to make headway in developing countries

In 1778 the first modern-day savings bank in Germany was founded in Hamburg. The bank was set up to develop solutions for people with low incomes to save small sums of money and support business startups. Fast forward two centuries and there are now 431 savings banks in Germany with 15,600 branches and total assets of €1tn. Each savings bank is independent, locally managed and concentrates its business activities on customers in the region in which it is situated.   Financial services provided, operated and governed at the local level is not a new phenomenon. For centuries communities have pooled…
 

Search for publications and events