Why Rural Banks Are Essential to the Microfinance Ecosystem of Laos
There are over 6,000 rural banks to help connect microfinancing for the 8,600 villages in Laos where most of the population resides.
Source: fintechnews.sg
Tim Scheffmann News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Tim Scheffmann. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Tim Scheffmann Today - Breaking & Trending Today
Laos fintech gives village banks, financial inclusion a timely boost
Three years ago, LTS Ventures was tasked with building a simple microfinance platform for Laos’s army of village banks and savings unions. It took off like a rocket, boosting financial inclusion, cutting fraud. Now the firm is eyeing fresh external funding and expansion across southeast Asia.
Source: euromoney.com