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Author Archives: Ayesh Ariyasinghe
Tech savvy microfinance: low cost or increased threat?
Tweet Microfinance is a business of scale. It operates on principles of maximum utilization of finance, with minimum cost. As microfinance serves tens of thousand clients in its endeavor of empowerment of poor, saving even several cents per micro loan … Continue reading
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“Money laundering”: the bane of the microfinancier!
Tweet Laundered money is never clean! In fact it is dirtier than before. Money laundering allows the criminals to disguise the origin of money, which came from illegal or criminal activities. More technically put, it is “an organized process that … Continue reading
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Mobile cash, cellular phone and empowerment of poor
Tweet The rapid development of technology made the cellular phone cheap and accessible for the poor. The mass-market appeal of carrying a cellular phone spread across landscapes where fixed line operators baulked at providing service. India is a good example … Continue reading