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Mali is Poised to be a Leader for DFS in West Africa

“Financial inclusion means economic empowerment, particularly for women, rural communities, and the poor. Financial services offered through electronic means, like mobile phones, are key contributors to that vision.” Paul Folmsbee, U.S. Ambassador to Mali, shared this in Bamako this past October. He was speaking before a workshop of 144 people on digital financial services (DFS) organized by USAID.

YFS-Link Video: Lara Storm-Swire, Pro Mujer, Bolivia

A Microfinance practitioner highlights the challenges faced by Pro Mujer’s Youth Solidarity Group program in Bolivia, which offers credit to young people by inserting groups of 4-6 youth into existing Pro Mujer adult communal banks.