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ActionAid Malawi has drilled village savings and loans (VSLs) groups in Traditional Authority Mlauli in Neno District to promote their income-generating activities. The K164 million Tipindule Project, with support from Financial Access for Rural Markets, Smallholders and Enterprises (Farmse), will also link groups to formal financial institutions and promote food and nutritional security among rural
India’s micro, small and medium enterprises (MSME), viewed as the lifeblood of the Indian economy, contribute 30% to the gross domestic product (GDP) and of them, micro-enterprises alone are estimated to employ 23% of India’s total workforce, according to the data of the Union ministry of MSME. Access to credit has been the most contentious issue discussed on public platforms. International Monetary Fund (IMF) estimated that only 23% of the total number of enterprises in this segment got formal access to credit.
Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News
Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News
On this International Women's Day, we reflect on the state of women's digital and financial inclusion globally. At CGAP, we believe digital financial inclusion is a necessary condition for women to be digitally included and economically empowered.