Marketing Techniques for Financial Inclusion and Development


Book Description

Financial inclusion has been one of the most propagated ideologies in countries, and as a result, significant efforts have been taken to nurture institutions and systems to include an array of socio-economic classes. Various financial institutions and societies have taken steps toward financial inclusion, but to be successful, they need to understand how to accurately target and market their potential customers as well as the new avenues for development. Marketing Techniques for Financial Inclusion and Development is a critical scholarly resource on the marketing techniques adopted by various financial institutions and societies for promoting financial inclusion initiatives for the development of the society at large. Featuring coverage on a broad range of topics such as consumer awareness, financial literacy, and micro-enterprises, this book is geared towards managers, investors, brokers, researchers, and all others within the banking industry.







Enhancing Financial Inclusion through Islamic Finance, Volume II


Book Description

This book is the second of two volumes which highlight the concept of financial inclusion from the Islamic perspective. An important element of the Sustainable Development Goals (SDGs), financial inclusion has been given significant prominence in reform and development agendas proposed by the United Nations and G-20. The significance of Islamic financial inclusion goes beyond improved access to finance to encompass enhanced access to savings and risk mitigation products, as well as social inclusion that allows individuals and companies to engage more actively in the real economy. It represents one of the important drivers of economic growth. This volume explores the financial risks associated with lending to low-income groups due to high poverty levels and the lack of collateralization mechanisms. The first book on the market to provide empirical evidence of Islamic microfinance, deposit insurance and micro-entrepreneurship through the analysis of models and country case studies, this edited collection will be of value to those researching development finance, financial inclusion and Islamic finance.




Financial Inclusion, Sustainability, and the Influence of Religion and Technology


Book Description

Financial inclusion has proven to be a looming issue challenging policymakers and scholars. Financial inclusion revolves around the fundamental notion of ensuring that individuals from all walks of life have access to affordable and effective financial products and services that cater to their unique needs. Yet, as we grapple with this issue, we find it entwined with other critical factors such as religious and cultural norms, technological advancements, and sustainability goals. The intricate web of these elements forms a complex tapestry that requires deep exploration and understanding. Financial Inclusion, Sustainability, and the Influence of Religion and Technology is a groundbreaking book which delves headfirst into the multifaceted issue of the inclusivity of financial services and the complexities of societal interplay in this matter. Targeting academic scholars as its primary audience, this book acts as a guide to solution development. It meticulously unravels the intricate connections between financial inclusion, sustainability, religion, and technology. Readers will embark on a journey that not only dissects the problem but also illuminates the path forward. From exploring the complex relationship between financial inclusion and sustainability to identifying the challenges and opportunities presented by religion and technology, this book leaves no stone unturned. It offers a comprehensive roadmap for future research and action, providing a beacon of hope for achieving a more equitable and technologically advanced future.




The Global Findex Database 2017


Book Description

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.




Rural Development - English


Book Description

Rural Development Rural development refers to the process of improving the quality of life and economic well-being of people living in rural areas. It involves initiatives and strategies aimed at enhancing infrastructure, livelihood opportunities, social services, and overall living standards in rural communities. Here are key aspects and objectives of rural development: Objectives of Rural Development: Poverty Alleviation: Rural development aims to reduce poverty by creating sustainable livelihood opportunities, enhancing income levels, and improving access to basic services such as education, healthcare, and sanitation. Infrastructure Development: Enhancing rural infrastructure is crucial for connectivity, transportation, communication, and access to markets. This includes roads, bridges, electricity, water supply, and telecommunications. Agricultural Development: Improving agricultural productivity and efficiency through modern farming techniques, irrigation systems, access to credit, market linkages, and agricultural extension services. Employment Generation: Promoting non-agricultural employment opportunities through rural industries, small-scale enterprises, skill development programs, and microfinance initiatives to reduce dependency on agriculture. Social Inclusion and Equity: Ensuring equitable access to resources, services, and opportunities for marginalized groups, including women, youth, indigenous communities, and people with disabilities. Environmental Sustainability: Promoting sustainable natural resource management practices, conservation of biodiversity, and resilience to climate change impacts in rural areas. Health and Education: Improving access to healthcare facilities, sanitation, nutrition, and quality education to enhance human capital and well-being in rural communities. Strategies for Rural Development: Integrated Rural Development Programs (IRDP): Holistic approaches that combine infrastructure development with social and economic initiatives to address multi-dimensional aspects of rural poverty. Decentralized Governance and Participatory Approaches: Empowering local communities through participatory decision-making processes, decentralized governance structures, and capacity-building initiatives. Public-Private Partnerships (PPP): Collaborative efforts involving government, private sector, NGOs, and community organizations to leverage resources, expertise, and innovation for rural development projects. Technology and Innovation: Harnessing technology, digital solutions, and innovation to enhance agricultural productivity, access to information, e-governance services, and entrepreneurship in rural areas. Skill Development and Capacity Building: Promoting vocational training, skill development programs, and entrepreneurship education to empower rural youth and enhance employability. Financial Inclusion and Rural Finance: Expanding access to financial services, credit facilities, insurance, and savings mechanisms to support rural enterprises, farmers, and small businesses. Monitoring and Evaluation: Establishing robust monitoring and evaluation frameworks to assess the impact of rural development programs, ensure accountability, and inform evidence-based policy decisions. Challenges in Rural Development: Infrastructure Deficits: Poor road connectivity, inadequate power supply, and limited access to safe drinking water and sanitation facilities. Income Disparities: Persistent poverty and income inequalities between rural and urban areas, exacerbating migration and social exclusion. Natural Resource Management: Environmental degradation, deforestation, soil erosion, and water scarcity affecting agricultural productivity and rural livelihoods. Social Issues: Gender disparities, lack of access to healthcare and education, child labor, and social exclusion of marginalized groups. Policy Implementation Gaps: Inefficient governance structures, bureaucratic delays, and insufficient coordination among stakeholders impacting program effectiveness and outcomes. Conclusion: Rural development is essential for achieving inclusive and sustainable growth, reducing regional disparities, and enhancing the overall quality of life in rural communities. It requires comprehensive strategies, targeted interventions, and multi-sectoral partnerships to address socio-economic challenges and unlock the potential of rural areas as engines of economic development. Effective rural development policies should prioritize inclusive growth, environmental sustainability, social equity, and empowerment of rural populations to create resilient and thriving rural communities.




Financial Inclusion in Emerging Markets


Book Description

This book discusses ideas for stakeholders to develop strategies to access and use financial products and services such as deposits, loans, and fund transfer mechanism, insurance, payment services, and intermediaries, distribution channels at economical prices in order to cater to the needs of the poor and underprivileged people. Financial inclusion ensures ease of access, availability, and usage of the financial products and services to all the sections of the society. The book will help in recognizing the role of financial inclusion as one of the main drivers in reducing income inequality and thus supporting sustainable economic growth of the countries, especially of an emerging economy. The book provides conceptual and practical ideas from the practitioners, best practices from the experts, and empirical views from the researchers on the best practices and how to mitigate the challenges and issues plaguing the development of the financial inclusion.




Entrepreneurship Essentials


Book Description

Book Description: Embark on a transformative journey into the dynamic world of entrepreneurship with our comprehensive guide, meticulously crafted to inspire, inform, and empower aspiring entrepreneurs of all backgrounds. Prepare to be inspired, challenged, and empowered as you embark on this transformative journey into the heart of entrepreneurship. The possibilities are endless, the opportunities are boundless, and the future is yours to shape. Are you ready to unleash your entrepreneurial potential and change the world?




Creating Pathways for Prosperity


Book Description

This collected edition provides practical and effective strategies to fight poverty and advance long-term sustainable development. Authors aim to close the gap between research and practice by offering practical advice and best practices for tackling poverty in an inclusive and sustainable manner.