An Interview with Gina Harman, CEO of Accion’s U.S. Network
Technology can be a double-edged sword – especially when it comes to small business lending. While there’s plenty of justified excitement over the potential of providing underserved SMEs with fast access to loans through digital platforms, there are also considerable reasons for caution. Though alternative lending products can boost access, many lack transparency regarding the true cost of the loan, and therefore risk trapping small businesses in a cycle of debt.
Despite rapid economic growth that has benefited many, hundreds of millions of people in China still remain outside the formal financial system without access to safe and affordable financial products. One of the biggest unmet financial needs is insurance. Salaried and wage-earning Chinese workers sometimes have insurance through their jobs, but many employees, especially those in social services, are severely underserved, and casual or self-employed workers are likely to have no coverage at all.
Carrie Creasey is a Program Specialist for MetLife Foundation, where she manages global grant-making, impact evaluation, and strategic storytelling to support the Foundation’s mission to accelerate the financial well-being of low-income people globally. Through partnerships with over 170 financial inclusion organizations across 40 countries, the Foundation has committed more than USD 170 million to-date and is on track to support more than 20 million people on their journey towards financial health.
Managing day-to-day finances and planning for the future are quite complex. We rely on products and services to keep us on track with these tasks, yet many tools fail to account for common human tendencies, such as prioritizing the present over the future and putting off tedious tasks. These tendencies, although universal and understandable, have serious ramifications for the financial health of people everywhere.
CAIRO, Egypt, December 6, 2017 /3BL Media/ - MoneyFellows of Egypt has been announced winner of the MetLife Foundation Inclusion Plus competition in Egypt & Lebanon. The competition was open to entrepreneurs, businesses and non-profit organizations and aimed to discover innovative solutions to promote financial capability and access to financial services. With more than 30 entries, MoneyFellows won the grand prize and collected a grant of $50,000.
Customer centricity is a win-win strategy no matter who your clients are; but for institutions looking to serve financially vulnerable populations around the world, such wins can have a tremendous positive impact on the economic livelihoods and future prosperity of their customers.
Arbor Day Foundation’s Alliance for Community Trees Program Helps Beautify ExpoHall
TAMPA, Fla., October 2, 2017 /3BL Media/ - Keep Tampa Bay Beautiful, a member of the Arbor Day Foundation’s Alliance for Community Trees program, is partnering with MetLife Foundation to plant trees to beautify two large areas anchoring the front of the Florida State Fairgrounds ExpoHall (4800 US 301), which welcomes 1.2 million visitors to Tampa annually.