Discover and read the best of Twitter Threads about #MicroFinance
Most recents (12)
1/ #Yield generation for $USDC, $USDT, $DAI or other #stablecoins has been pretty much dead after #FTX and the #Mango hack. However, there is still a very nice opportunity to generate high yield in #Defi:
#Acumen, home on #AVAX @avalancheavax. A short š§µ shows how to get it:
#Acumen, home on #AVAX @avalancheavax. A short š§µ shows how to get it:
2/ #Acumen generates #yield from real world #microfinance activities. It is based in #ElSalvador and that is also its first market. The team genuinely wants to improve lives of the people who live there and they just launched on #AVAX.
How does microfinance generate the yield?
How does microfinance generate the yield?
3/ In #ElSalvador, a lot people and small businesses do not have access to traditional banking. Worse, even if they now get a bank account, they lack a "credit history", so the bank is not willing to lend to them. To build a business and invest, they turn to loan sharks.
I really love all the project we work with. Truly. But my favorite project in #crypto at the moment is doing its #IDO soon so I wanted to share a bit: Acumen Network @acumenofficial building on #solana.
A š§µon why I like it so much and why I think itās just what #DeFi needs:
A š§µon why I like it so much and why I think itās just what #DeFi needs:
1/ Acumen has set out to use the power of #DeFi to bring #microfinance to underserved segments of the world, starting in El Salvador.
Microfinance means giving out very small loans to people who otherwise donāt have access to financing to start a business or keep it going.
Microfinance means giving out very small loans to people who otherwise donāt have access to financing to start a business or keep it going.
2/ Famously the inventor of microfinance, Muhammad Yunus, received the nobel prize for peace for his invention and the effect it has on communities if done right.
This isnāt to say it canāt be criticized. Lotās can still go wrong and some microfinance is exploitative.
This isnāt to say it canāt be criticized. Lotās can still go wrong and some microfinance is exploitative.
FM: today we will announce some relief measures; 8 measures to be announced, 4 of which are new 
Finance Minister announces a Rs 1.1 lakh crore #loan guarantee scheme for #COVID affected sectors.
Rs 50,000 cr health sector guarantee coverage for non-metros medical infrastructure.
Rs 60,000 cr in addition for other sectors
Rs 50,000 cr health sector guarantee coverage for non-metros medical infrastructure.
Rs 60,000 cr in addition for other sectors
CNBC-TV18 newsbreak confirmed, FM @nsitharaman announces an #Additional Rs 1.5 lk cr for ECLGS.
Rs 2.69 lk cr credit disbursal under #ECLGS so far.
Rs 2.69 lk cr credit disbursal under #ECLGS so far.
Read this book at the time of #CAMS #IPO.
A brilliant read to know about the #growth trajectory of the #company & why it's only starting.
@YMehta_ @finthusiasts @nid_rockz @manurishiguptha @MadrasMobile @MarketScientist
@AnyBodyCanFly @ipo_mantra
Thread coming.š
A brilliant read to know about the #growth trajectory of the #company & why it's only starting.
@YMehta_ @finthusiasts @nid_rockz @manurishiguptha @MadrasMobile @MarketScientist
@AnyBodyCanFly @ipo_mantra
Thread coming.š
Foreword by- Mr. Deepak Parekh, Chairman @HomeLoansByHDFC
He writes about India's #economy post #Liberalization & how #companies that have come up have one thing in common- #knowledge.
2/n
He writes about India's #economy post #Liberalization & how #companies that have come up have one thing in common- #knowledge.
2/n
#CAMS began as a #software development & #computer education firm, moved to share registry services handling #IPO's, later became a Registrar & Transfer Agent (#RTA). It now also handles documentation requirements in #banking, #insurance & #microfinance.
3/n
3/n
This is definitely a problem. There are many divides. Digital divide. Then not everyone had a credit card. Not everyone has a bank account.
22% of Americans are unbanked or underbanked.
āThe events of recent months relating to COVID-19 ..have brought increased attention to the digital divide...an economy that runs on the assumption that individuals have full access to traditional bankingā
forbes.com/advisor/bankinā¦
āThe events of recent months relating to COVID-19 ..have brought increased attention to the digital divide...an economy that runs on the assumption that individuals have full access to traditional bankingā
forbes.com/advisor/bankinā¦
āthe unbanked and underbanked ..less education or to be in a racial or ethnic minority group, according to the Fed data. Put all of these characteristics together.. those who are unbanked and underbanked... who may have historically felt shut out of traditional bankingā
#SriAgenda in about 1h | #Sep23 1pm CEST
#Sustainablefinance in Georgia
raexpert.eu/event/23septemā¦
@onlinefinance
#sri #esg #responsibleinvestment
@NBGeorgia @Giviashvili_I @Sinyavskiy_Alex @giuliog @MortaKaz @LindaZeilina @RKovatchev @RF_OSCE @JSCTBC @SRI_Natives
#Sustainablefinance in Georgia
raexpert.eu/event/23septemā¦
@onlinefinance
#sri #esg #responsibleinvestment
@NBGeorgia @Giviashvili_I @Sinyavskiy_Alex @giuliog @MortaKaz @LindaZeilina @RKovatchev @RF_OSCE @JSCTBC @SRI_Natives
@onlinefinance @NBGeorgia @Giviashvili_I @Sinyavskiy_Alex @giuliog @MortaKaz @LindaZeilina @RKovatchev @RF_OSCE @JSCTBC @SRI_Natives #SriAgenda underway š #Sep23
#Sustainablefinance in #Georgia
#sri #esg #greenbonds #greenfinance #sustainablefinance @AnokhovDenys
#Sustainablefinance in #Georgia
#sri #esg #greenbonds #greenfinance #sustainablefinance @AnokhovDenys
@onlinefinance @NBGeorgia @Giviashvili_I @Sinyavskiy_Alex @giuliog @MortaKaz @LindaZeilina @RKovatchev @RF_OSCE @JSCTBC @SRI_Natives @AnokhovDenys Salome Tvalodze, Head of Macrofinancial Modeling and Analysis Division, Financial Stability Department, National Bank of Georgia, now making her speech
#sustainablefinance #Georgia @NBGeorgia
#sustainablefinance #Georgia @NBGeorgia
Thread on findings from Policy Note on "Access to Credit in Pakistan" authored & released by @KarandaazPK to answer questions around borrowing in Pakistan. @GallupPak provided the support in research and data analysis.
Access full note at: karandaaz.com.pk/wp-content/uplā¦
Access full note at: karandaaz.com.pk/wp-content/uplā¦
Incidence of Borrowing Among Pakistani Adults: The proportion of total borrowers varies significantly and ranges between 7% - 48%. As per recent readings, 35% of the respondents under Findex (2017) reported to have borrowings, while FII (2017) and A2F (2015)
report 15% and 17%.
report 15% and 17%.
In terms of provinces, A2F reports the highest borrowers in Sindh (37%) followed by Baluchistan (20%). In Punjab, only 12% of the respondents said to have borrowed (formally or informally) in the last 12 months. KP has the
lowest level of borrowing incidence (5% of households).
lowest level of borrowing incidence (5% of households).
#SriAgenda in 15min š #July10
#GenderLens - an important but often forgotten criterion to cover while doing #SustainableInvesting "@LuxFLAG @SocieteGenerale
bit.ly/2BuURgp
#sustainablefinance #sri #esg #responsibleinvestment @SRI_Natives @SriEvent_It @andytuit
#GenderLens - an important but often forgotten criterion to cover while doing #SustainableInvesting "@LuxFLAG @SocieteGenerale
bit.ly/2BuURgp
#sustainablefinance #sri #esg #responsibleinvestment @SRI_Natives @SriEvent_It @andytuit
@LuxFLAG @SocieteGenerale @SRI_Natives @SriEvent_It @andytuit #SriAgenda just started š„ #July10
#GenderLens - an important but often forgotten criterion to cover while doing #SustainableInvesting "@LuxFLAG @SocieteGenerale
bit.ly/2BuURgp
#sustainablefinance #sri #esg #responsibleinvestment
#GenderLens - an important but often forgotten criterion to cover while doing #SustainableInvesting "@LuxFLAG @SocieteGenerale
bit.ly/2BuURgp
#sustainablefinance #sri #esg #responsibleinvestment
@LuxFLAG @SocieteGenerale @SRI_Natives @SriEvent_It @andytuit you can use #genderlens investing to address urgent #socialneeds, says Apricot Wilson, Deputy CEO & Head of Impact at #Luxembourg #Microfinance and Development Fund
#sustainableinvesting #sustainablefinance #impinv @IforD_LMDF @EMNMicrofinance @MFC_Network @e_MFP @CGAP
#sustainableinvesting #sustainablefinance #impinv @IforD_LMDF @EMNMicrofinance @MFC_Network @e_MFP @CGAP
YesBank's 15000Cr #FPO opens on 15thJuly,with 200Cr for employees
#SBI holds 48%+ stake &will invest 1760Cr in FPO
15000Cr will boost #CET-1 of Yes
Brilliant execution by @narendramodi govt--in just 5 months since it exploded, turnaround of #YesBank,tells you how it is donešŖ
#SBI holds 48%+ stake &will invest 1760Cr in FPO
15000Cr will boost #CET-1 of Yes
Brilliant execution by @narendramodi govt--in just 5 months since it exploded, turnaround of #YesBank,tells you how it is donešŖ
Govt to invest Rs12450Cr in National,United&Oriental Insurance, with their merger being called off for now
23 #CPSEs of govt to invest Rs1.65 lakhCr in FY21
6195.08Cr given as #RevenueDeficit grant by Union,to States
@narendramodi govt working on multiple fronts,despite #Covid
23 #CPSEs of govt to invest Rs1.65 lakhCr in FY21
6195.08Cr given as #RevenueDeficit grant by Union,to States
@narendramodi govt working on multiple fronts,despite #Covid
SFI President David Krakauer introduces our annual board of trustees symposium on New #Complexity #Economics - follow this thread for live coverage of talks by @EricBeinhocker @AKStanger @ole_b_peters @JacksonmMatt @cmoncap & W. Brian Arthur today...
"I think we have to be aware that we're not just discussing financial systems. We are discussing the future of the stability of the planet."
- David Krakauer
on #Complexity #Economics
- David Krakauer
on #Complexity #Economics
"What is the #economy? I would argue that it doesn't exist in the physical world. It is a product of our #imagination. It is made out of #ideas. It does have an effect on the physical world. But the imagined order that we have is not succeeding."
- @EricBeinhocker
- @EricBeinhocker
Just landed in #Thailand & looking forward to speaking at the @AfiForum. At the event? Come say hello. #AFIF2019.
500+ of the worldās leading #investors & #FI will explore investment opportunities to foster inclusive financial markets across #AsiaPacific
afiforum.com
500+ of the worldās leading #investors & #FI will explore investment opportunities to foster inclusive financial markets across #AsiaPacific
afiforum.com
#Davos #WEF19 or here at the Asia Financial Institutions Forum @AfiForum #AFIForum 2019 in #Bangkok: something to ponder this #MLKDay weekend & beyond. #microfinance #accessstocapital #fintech #finance #inequality
No, not #Davos. Warmer! Welcome to #Bangkok! Letās get this #hashtag trending tooā¦
#WEF19š#AFIF2019
@AfiForum @SongbaeLee @calvertimpcap @TriodosIM @GOGLAssociation @BlueOrchardLtd @FMO_development
@nexusfordev @LauraSundblad #impinv #accesstocapital #financialinclusion
#WEF19š#AFIF2019
@AfiForum @SongbaeLee @calvertimpcap @TriodosIM @GOGLAssociation @BlueOrchardLtd @FMO_development
@nexusfordev @LauraSundblad #impinv #accesstocapital #financialinclusion
#Muslims r one of the most financially excluded citizens in #Ethiopia & their primarily reason is #Riba. But I wonder how & where the data for such reports are collected? "Financial inclusion in Ethiopia: 10 takeaways from the latest Findex" tinyurl.com/ydhmd738 via @WorldBank
Citizens who identify themselves as #Muslims account for 34% of the #Ethiopia'n population (CSA, 2007). This large segment of the society was demanding Shari'ah Compliant #finance for long time. Banks first responded by introducing 0% interest A/C #financialinclusion @WorldBank
Banks attracted millions of customers and mobilized billions of Birr in deposits. Sadly, customers were unaware that these deposits are not #ShariahCompliant and they were subjected to successive devaluations which has impacted them a lot. #financialinclusion #Ethiopia @WorldBank
