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New Financial Inclusion Innovation in Colombia: Government approves electronic deposits through non-bank entities
Colombia has included financial inclusion as a priority in its national agenda since a very early stage. Last fall, the Colombian Congress took the latest step, passing a law creating a new type of financial institution called Specialized Electronic Deposit and Payment Institutions. The Alliance for Financial Inclusion spoke with a Colombian regulator about the new law.
- Categories
- Finance, Impact Assessment
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‘My Home, Your Business’: A New Evaluation Tool Based on Nearly 100 Cases, 25 Interviews With Firms, Experts in Affordable Housing
Ghost towns built by well-meaning developers and governments can be found in many corners of the world. But these failed projects only tell part of the story. Innovative companies and partners are learning from the past and building houses people want to live in and business models that make investors listen, according to "My Home, Your Business – A Guide to Affordable Housing Solutions for Low-Income Communities.”
- Categories
- Impact Assessment
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The Technology Trade-off: Mobile tech boosts financial access but limits engagement. Can it also help build banking relationships?
Financial access is at an all-time high, and it’s growing fast. Yet account dormancy rates for the newly banked range from 60-90 percent. And though mobile technology has made more services scalable, it has also limited banks’ ability to build deeper relationships with their customers. But Juntos Finanzas believes mobile tech may also hold a solution to this problem.
- Categories
- Technology, Telecommunications
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The Rise of the Cheap Smartphone : And what it could mean for BoP finance, connectivity
According an estimate from Gartner, by 2018 nine out of ten phones will be smartphones. If this comes to pass, it may require a substantial rethink about the delivery of mobile financial services to consumers in developing markets, where up until now the feature phone has dominated.
- Categories
- Technology, Telecommunications
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When Awards and Idealism Aren’t Enough: My social enterprise earned a ton of public acclaim – but it was missing something even more important
In her early 20s, Leticia Gasca launched a social enterprise to help some of Mexico’s poorest people. Powered by idealism and some promising early results, the company garnered both national and international acclaim. But behind the scenes, it was struggling with the harsh realities of doing business. Gasca shares the story in this frank post, the first in our series with F*ckUp Nights on failure in social enterprise.
- Categories
- Social Enterprise
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Finding Realistic Impact Measures for Investors, Entrepreneurs: Presenting Unitus Seed Fund’s new guide for measuring impact
Unitus Seed Fund’s guide includes a common set of metrics that can be applied to any other venture fund. These metrics are detailed with definitions and needs that apply across sectors, with output and outcome level metrics available for different types of businesses to download and use.
- Categories
- Impact Assessment
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Corporations are the Missing Link: Private sector is uniquely positioned to improve newborn survival in India
India accounts for 27 percent of global newborn deaths, the highest in the world. Dasra, a Mumbai-based strategic philanthropy foundation, has been conducting research which highlights a critical “missing link” that can help India address newborn survival at scale: corporates.
- Categories
- Education, Health Care
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NexThought Monday – When it Comes to Social Enterprise, It’s Time to Take Ourselves Seriously
It is entirely possible that all of the ideas that we need to end global poverty are in place; however, we have so enthusiastically embraced the financial market metaphor that even the initiatives that must cooperate to succeed can’t do so fully because they are required to compete. There is an old and tired story to be inserted here about the balkanizing influence of competing for funding but instead of focusing on that, I would like to suggest a solution.
- Categories
- Impact Assessment
- Tags
- impact investing
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