Mobile Money Meets Traditional Microfinance in Kenya

Zoe So Field Team Blogs, Sub-Saharan Africa 0 Comments

At a microfinance group meeting, you might see a lot of paper: piles of cash, thick record books to record attendance and meeting minutes; repayment schedules; group loan balance reports; passbooks. At the branch office, too, more paper: stacks and binders and file cabinets full of applications and loan contracts. …

Cash Shortages Create Problems in Zimbabwe

Zoe So Field Team Blogs, Microcredit, Microfinance Partners, Sub-Saharan Africa, Travel 2 Comments

A few months ago, I visited WPF partner Thrive Zimbabwe with Daniel Zoltani, Whole Planet Foundation’s Global Director of Programs. We met many micro-entrepreneurs who had taken loans from Thrive for their small businesses. Some grew mushrooms to sell in the market and to stores. Others traveled to South Africa …