Financial Services Case Studies
Results - 10 of 10 items found
Sep 16, 2016
bKash
bKash is a mobile financial services company founded in 2010 in Bangladesh. The company brings the unbanked into the formal financial system. It has played a major role in building Bangladesh’s mobile financial services industry from scratch and is the country’s leading player, accounting for 75 percent of the market. It enables 23million people who once dealt only in cash to send remittances, save, and pay for products and services using their mobile phones. This case study is in the 2016 Built for Change report which features companies that are employing unique strategies to integrate people living at the base of the pyramid into the companies’ business operations.
Sep 16, 2016
MicroEnsure
MicroEnsure has developed pioneering insurance solutions for low-income people in Africa and Asia living on less than $4 per day. Founded in 2008, the company has introduced over 200 types of insurance for life, health, and accidents for the poor, and distributes its products through mobile network operators, microfinance institutions, and other organizations that low-income customers trust. The company reaches more than 40 million customers in 15 countries in Africa and Asia. This case study is in the 2016 Built for Change report which features companies that are employing unique strategies to integrate people living at the base of the pyramid into the companies’ business operations.
Aug 1, 2012
La Hipotecaria
La Hipotecaria Holding Inc. (LH Holding), a full-service housing finance company, specializes in originating, servicing and securitizing residential mortgages for low- and lower middle-income borrowers, the majority of whom are first time home buyers. It approves approximately 360 loans per month in Panama and 90 loans per month in El Salvador. As of 2012, the company had issued more than 20,000 loans.
Aug 1, 2012
PT Summit Oto
PT Summit Oto Finance (OTO), a motorcycle financing company in Indonesia, provides small loans to low and middle-income borrowers, with most loans going to individuals earning between $150-$300 per month, and many without bank accounts. OTO engages unbanked borrowers by basing its strategy on the microfinance model, increasing the mobility of low and middle-income borrowers, enabling greater access to markets and services. The company has 173 branches and cooperates with more than 4,000 authorized motorcycle dealers.
Aug 1, 2012
Agrofinanzas (now Bankaool)
Agrofinanzas S.A. de C.V. (now Bankaool S.A.) is a specialized, non-deposit taking financial institution that on-lends to farmers and rural companies in Mexico. Created in 2005, Bankaool has provided access to the first formal financial services for nearly 5,000 clients. The company has approximately $100 million in its loan portfolio, and 99% of its clients earn less than $1,200 per month.
Aug 1, 2012
Nib International Bank
Founded in 1999, Nib International Bank S.C. (NIB) is one of Ethiopia’s fastest-growing private banks, with total assets having grown 64% between 2008 and 2010 to reach $400 million. It is headquartered in Addis Ababa and operates a network of 48 branches, providing extensive coverage throughout the country.
Aug 1, 2012
Aadhar Housing Finance
Aadhar Housing Finance Ltd. (AHFL) seeks to extend opportunities for home ownership to low- and lower middle-income households in India. Established in 2011 as a registered Housing Finance Company, AHFL is regulated by India’s National Housing Bank. In its first year of operation, AHFL disbursed 861 loans worth $8.8 million, with approximately 50% of new loans going to customers earning $100-$400 per month.
Aug 1, 2012
Tribanco
Tribanco is the financial intermediary for Grupo Martins, the largest wholesaler and distributor in Latin America, which services mostly family-owned micro, small and medium sized enterprises in Brazil. Tribanco provides more than 37,000 of Grupo Martins’ retailers with training and access to financing for inventory or store renovations, enabling them to remain competitive and improve profitability. It also facilitates short-term access to credit to low-income customers through credit cards offered via 9000 Grupo Martins’ retailers. More than 2.5 million credit cards are being used by low-income customers to buy food and basic necessities.
Aug 1, 2012
Grupo FinTerra, S.A. de C.V., SOFOM, ENR (FinTerra)
FinTerra is a specialized, non-deposit taking financial institution, which specializes in lending to small, medium, and large farmers and agribusinesses in Mexico. FinTerra is one of several agribusiness nonbank financial institutions nationwide. Since its founding in 2004, the company has become the largest of the independent agribusiness non-bank financial institutions in terms of loan portfolio size and shareholders’ equity.
Aug 1, 2012
Vinte
Vinte is a homebuilder specializing in affordable, sustainable housing for low- and middle-income families in Mexico. Vinte’s cutting-edge technologies are helping it to introduce innovations that save homebuyers on ongoing home maintenance costs, such as designing homes to reduce gas bills by 75%, monitoring consumption of utilities through wall meters, and installing rooftop solar cells for energy production. As of June 2012, VINTE had sold more than 11,000 affordable homes.
