Our Staff Writers and Editors offer insights on the latest news, events, interviews and other happenings from the development through enterprise and base of the pyramid universes
Wednesday, September 2, 2015 — South Asia

Citibank to launch financial tech accelerator program in India

Source: The Hindu BusinessLine

Citibank India is in talks with digital payment companies and telecom operators to kick-start its financial tech accelerator program.
Thursday, July 10, 2014 — South Asia

Building Resilient Communities in the Philippines, Together

Source: Thomson Reuters Foundation

In November 2013, Typhoon Haiyan ravaged Central Philippines, displacing entire communities in its path. The catastrophic destruction drew a tremendous outpouring of support from around the world, and immediate relief efforts ensued.
Tuesday, January 28, 2014 — No Region Specified

PRESS RELEASE: Root Capital Highlights Business Case for Social, Environmental Due Diligence in Investment Decisions

Source: CSR Wire

CAMBRIDGE, Mass., Jan. 28 /CSRwire/ - Root Capital, a nonprofit agricultural lender, today released a new issue brief detailing the financial benefits linked to conducting due diligence on the social and environmental practices of its borrowers.
Thursday, December 5, 2013 — No Region Specified

Citi Just Entered The Intensifying Wall Street Debate Surrounding Bitcoin

Source: Business Insider

Bitcoin is starting to garner attention from some of Wall Street's top currency strategists.
Wednesday, September 25, 2013 — No Region Specified

Sustainability Certification Dramatically Improves Smallholder Farms’ Access to Credit, New Study Finds

Source: Rainforest Alliance

Smallholder farmers suffer from a lack of credit access, but sustainability certification can help change that, according to a new study published by the Rainforest Alliance and funded by the Citi Foundation.
Wednesday, September 25, 2013 — No Region Specified

OPIC and Citi to Leverage up to $200 Million to Connect Micro and Small Enterprises with Corporate and Financial Institutions

Source: 3BL Media

The support will aid financial institutions and large corporations to include micro and small enterprises as business and supply chain clients.
Tuesday, July 30, 2013 — No Region Specified

With Skoll Foundation Support, Citi Provides Financing for Innovative Social Enterprise KickStart International

Source: Daily Finance

Citi Microfinance and Citi Commercial Bank today announced US$2,000,000 in financing to support KickStart International, a non-profit social enterprise that designs, manufactures, and sells high quality, low-cost irrigation pumps for use by smallholder farmers across Sub-Saharan Africa.
Monday, January 28, 2013 — No Region Specified

CFI at Accion, Citi, and Visa Inc. Launch Financial Inclusion 2020 to Accelerate Universal Financial Access

Source: Press Release

The Center for Financial Inclusion at Accion, together with Citi and Visa Inc., today announced the launch of the Financial Inclusion 2020 campaign (FI2020). FI2020 is focused on the acceleration of financial inclusion by uniting the private sector, governments, NGOs, and other relevant parties to develop and advance a comprehensive strategy to achieve this aim.
Wednesday, October 31, 2012 — No Region Specified

Habitat for Humanity and the Citi Foundation Unveil Housing Microfinance Toolkit


Habitat for Humanity and the Citi Foundation announced the publication of a new toolkit designed to provide technical training and tools to encourage microfinance institutions to include or enhance housing microfinance products in their portfolios. The Housing Microfinance: Product Development Toolkit is intended to influence the $60 billion global microfinance sector, resulting in small, affordable loans that low-income families can use to improve their housing incrementally.
Wednesday, September 12, 2012 — South Asia

Citi Foundation Grants $180k to Parinaam Foundation of India


Citi Foundation, the charitable arm of the US-based financial provider Citigroup, reportedly has given a grant of INR 10 million (USD 180,000) to Parinaam Foundation, an Indian nonprofit organization, to deliver Parinaam’s Diksha Financial Literacy Program to approximately 31,000 microfinance clients.
Friday, April 20, 2012 — South Asia

‘Citi and SEDC Working for Capacity Building’

Source: Daily Times

Citi Pakistan and the Social Enterprise Development Centre (SEDC) at LUMS are collaborating on a capacity building project, supported by $50,000 grant from Citi Foundation.
Tuesday, March 13, 2012 — No Region Specified

Citi Leads Investment in SJF's New Fund

Source: The Wall Street Journal

he team at SJF Ventures had to undergo federal background checks, submit fingerprints and provide 20 references each in order to obtain a license from the Small Business Administration for its new nationally focused impact investment fund, SJF Ventures III LP. The fund could be a potential new funding source for some start-ups with a social good focus.
Wednesday, September 28, 2011 — Asia Pacific

Cambodia: A Place for Pioneer Investors

Source: CNN

Phnom Penh, Cambodia (CNN) - The most common image of Cambodia is the land of ancient temples and budget travelers. There's now something else putting Cambodia on the map: foreign investors. Cambodia's devastating recent history set the country back a generation. From 1975-78, the Communist Khmer Rouge killed intellectuals, destroyed the education system and pushed for an agrarian society that required families to be uprooted and separated. By the end of t...
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