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Showing posts from March 30, 2019

Digital Finance

Digital Finance is a powerful means to expand access beyond financial services to other sectors, including Agriculture, Water, Health, Transportation, Education and Clean energy. Digital solutions and new technologies offer great potential to overcome massive development challenges and will contribute to the World Bank Group achieving goal of universal access to financial services by 2020. With 2.5 Billion people in developing countries deprived of access to formal financial services and more than 200 Million small businesses lacking of access to the financing they need to grow, expanding access to finance remains a challenge. The benefits of Digital finance extend well beyond conventional financial services. This can also be a powerful tool and engine for job creation in developing countries. Digital Finance is already an everyday realty for Tanzanian, Kenyan and Rwandan customers who are using Mobisol Solar Home Systems. Paying for solar power in small instalments through mobile m