Financial Inclusion

Day One at “Rethinking Financial Inclusion: Smart Design for Policy and Practice” Penicillin Versus the Magic Bullet, or, Why Data is Not a Mere Annoyance

Day One at “Rethinking Financial Inclusion: Smart Design for Policy and Practice” Penicillin Versus the Magic Bullet, or, Why Data is Not a Mere Annoyance

April 3, 2014

Posted by V. McIntyre, Freelance Writer for the Harvard Kennedy School
The Financial Inclusion 2020 campaign at the Center for Financial Inclusion at Accion is building a movement toward full financial inclusion by 2020. This blog series spotlights financial inclusion efforts around the globe, shares insights from the FI2020 consultative process and highlights findings from “Mapping the Invisible Market.”

Credit worthy

Credit worthy

September 1, 2013

HKS Magazine
By Vestal McIntyre
Once the brightest idea in development economics, microcredit is under attack. But Rohini Pande, a co-founder of Evidence for Policy Design at Harvard Kennedy School, is looking for ways to make this sector fulfill its original promise to the world’s poorest women.

Soft information can speak loudly when it comes to credit

Soft information can speak loudly when it comes to credit

June 5, 2013

Harvard Kennedy School Communications
By Jenny Li Fowler
There are myriad ways to measure credit risk, and sometimes "softer" is better. A new Harvard Kennedy School (HKS) Faculty Research Working Paper co-authored by HKS Professor Asim Ijaz Khwaja explores the promising potential for utilizing unconventional risk assessment methods when evaluating smaller borrowers.

Using evidence to analyze the success of microfinance programs

Using evidence to analyze the success of microfinance programs

February 13, 2013

Harvard Kennedy School Communications
By Jane Finn-Foley
Every day in Arusha, Tanzania, Jamila Jiendeleze bakes 1,000 cupcakes in a hot, small tin shack. After her husband passed away a few years ago, Jiendeleze struggled to provide for herself and her four children until she received a microfinance loan of $700 which allowed her to start baking. Now, she owns her own business and is on her way to financial independence.

Ill effects of corruption

Ill effects of corruption

September 19, 2011

The Hindu Business Line
A non-descript Gandhian Anna Hazare's crusade for a Jan Lokpal Bill to stamp out corruption in all walks of life aroused universal attention for a fortnight in August , thanks to thefast he undertook to drive down his message. It is not that Anna Hazare found virtue in rooting out the virus of corruption; the nation too had become a mute spectator for far too long to a spate of corruption cases tumbling out from the closet.

Microcredit is not the enemy

Microcredit is not the enemy

December 13, 2010

Financial TImes
By Abhijit Banerjee, Pranab Bardhan, Esther Duflo, Erica Field, Dean Karlan, Asim Khwaja, Dilip Mookherjee, Rohini Pande and Raghuram Rajan
In the name of protecting India’s poor, the state government of Andhra Pradesh has caused deep turmoil in microfinance. A new law clearly signals that borrowers need not repay their small-scale loans. Not surprisingly this has led to large-scale default, throwing the industry in India into a crisis it may not survive. This is having repercussions for microfinance worldwide.