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At Grameen Foundation, our goal is to spur innovation in the global movement to eliminate extreme poverty. Part of that work is to develop better solutions and share them with people like you.

On GF Insights, we share lessons learned from our leaders in the field, news about efforts to expand access to financial and information services for the poor, and how poverty-focused organizations are using data to improve the way they work.

Latest Posts

06/07/2016 by

With support from the MetLife FoundationGrameen Foundation India is helping Margdarshak to work with commercial banks, providing needed savings and other services to at least 40,000 poor women clients in the northern state of Uttar Pradesh. One of the first questions we have addressed is: What kind of financial products do the poor need?

06/03/2016 by Chandni Ohri

There is great excitement about the potential of using digital mobile technology to drive financial services, particularly in areas where a banking infrastructure does not exist. This is further driven by widespread use of mobile phones even by some of the poorest households. According to Statista, the number of mobile phone users in India is expected to rise to 730.7 million in 2017.

05/12/2016 by Alex Counts

Larry Reed and Professor Muhammad Yunus addressing the Leadership Council at the 18th Microcredit Summit in Abu Dhabi (2016).

When I sat down with Larry Reed a few weeks back and learned of the significant changes in store for the Microcredit Summit Campaign, two decades of memories were stirred up. I tried to imagine what the world would be like had the original Microcredit Summit not taken place and even more important, if the Campaign that followed it had been stillborn or less robust.

05/06/2016 by

Over the last year, Grameen Foundation has helped Margdarshak transition to its new role as a business correspondent (or agent) of a commercial bank.

By Raunak Kapoor and Sharada Ramanathan

05/03/2016 by

Grameen Foundation's work with Margdarshak will give clients like Kusum access to a wider range of financial services.

By Raunak Kapoor and Sharada Ramanathan

Editor's note: This is the third post in a series on Grameen Foundation India’s journey with a microfinance institution, Margdarshak Financial Services Pvt. Ltd, as we help it transform from an organization that provides poor clients with credit as its only service, into one that provides a range of financial services by acting as a business correspondent of commercial banks. 

This blog series is based on interviews with three leading banks in India who have rolled out the business correspondent model nationwide. These banks have a loan portfolio of approximately INR 20 billion each. Two of these banks have partnered with more than 40 microfinance institutions (MFIs) each, while the third has partnered with 12 MFIs on the business correspondent model.