This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Dear RFILC members,
A growing number of innovations and technologies have emerged in recent years in the area of microinsurance, that explicitly target the financial inclusion gap faced by low-income populations in developing and emerging countries. In line with this trend, there is an increasing number of studies analyzing the many possible applications of digital technology to microinsurance. We are pleased to bring to your attention a recent one commissioned by the MicroInsurance Centre, titled: “Technology In Microinsurance: How New Developments Affect the Work of Actuaries”. This report provides the basis to understand the evolving role of technology in microinsurance, as well as its potential impact on insurance and the actuarial profession. It intends to spark readers’ interest in and create a vision for how microinsurance and its associated technologies might impact the industry in the future.
The second highlight of this month is a report published by The Center for Financial Inclusion at Acciòn titled: “Client Voices: Rwandans Speak on Digital Financial Services”. The East African region remains a leader in digital financial innovation and account usage, with two-thirds of the combined adult populations of Kenya, Rwanda, Tanzania, and Uganda actively using mobile money. Given the proliferation of mobile financial services, particularly among underserved populations, client protection issues remain of critical importance. Based on a survey of over 1,200 people in three districts in Rwanda, this report delves into the experiences of individuals who use digital financial services, the main client protection issues they are concerned about, and the impact and prevalence of negative experiences. The report offers specific recommendations for many stakeholders on how to create a stronger, more inclusive client protection ecosystem.
Finally, we would like to inform you that final last workshop of the Sustainable Microfinance and Development Program (SMDP) is bound to take place in Pietermaritzburg, South Africa from August 26th to September 6th, 2019. The two-week event is offered by the University of New Hampshire, hosted by SaveAct and delivered by VSL Associates and SaveAct. This workshop will be fully devoted to teaching about the creation and management of Savings Groups (SG) programs, providing participants with the latest tools necessary to design, implement, track and supervise the extent and quality of outreach. The aim is to show participants how to design efficient and effective SG programs, able to operate at low-cost and significant scale. For this reason, the workshop will employ a strong hands-on teaching approach that involves a mixture of classroom lectures, simulations, as well as field visits to successful savings groups that have been operational for several years.
With best regards,
The RFILC editorial team


- Executive Applied Microfinance & Financial Inclusion School-A Global Multidisciplinary Practical Course
- Implementing Policy Outcomes in Financial Inclusion
- Applying the Minimum Economic Recovery Standards Workshop Series: Beirut
- The Microfinance Technical Programme for practitioners in Sub-Saharan Africa
- SMDP South Africa

- Technology in Microinsurance: How New Developments Affect the Work of Actuaries
- Client Voices: Rwandans Speak on Digital Financial Services
- CGAP Insights: How do Policy Makers Learn and Adapt Today?
- Enhancing Women’s Economic Empowerment Through Digital Cash Transfers – Digitize/Direct/Design: The D3 Criteria
- Inclusive Green Finance: A Survey of the Policy Landscape
- Risk-Based Supervision in Low-Capacity Environments
- Charting the Customer Journey in the Digital Age
- European Microfinance Award 2018: Financial Inclusion Through Technology – Digital Pathways in Financial Inclusion
- The State of Digital Microfinance in Bangladesh: A Digitization Snapshot 2019
- Basic Business Models for Banks Providing Digital Financial Services in Africa
- Case Brief: APA Insurance
- FinTech in Sub-Saharan African Countries: A Game Changer?
- FinTech and market structure in financial services: Market developments and potential financial stability implications
- Capturing Our Impact: Harnessing Innovation for Financial Inclusion
- Contextual and Financial Assessment of Savings Groups in West Nile, Uganda

- Kenya: EU to Fund Kenyan Smallholder Agribusinesses in Latest Boost for Agriculture
- ICD and Kapitalbank Sign a Bilateral Agreement to Develop Islamic Finance in Uzbekistan
- Launch of the Africa Digital Financial Inclusion Facility
- Apply for The GSMA Innovation Fund for Digitization of Agricultural Value Chains
- Vietnam Lays Mobile Money Groundwork
- Pakistani Fintech Startup Tez Wins $100,000 Grand Prize at Visa Everywhere Initiative
- Ghana: Insurance Companies to Recapitalise With Minimum Gh¢50 Million By June 30