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Energy Solutions Shouldn’t Just Tick Boxes, They Should Transform Communities
Simple electrification around the world, without the existence of a suitable ecosystem, has not led to transformation, writes Sarah Alexander of the SELCO Foundation. That ecosystem needs to be created and strengthened by a host of local stakeholders to complement efforts of last-mile energy enterprises to transform the lives of the poor – and understanding the demand for the solution is critical.
- Categories
- Energy, Impact Assessment
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Three Reasons Financial Health Matters – And Not Just for the Underserved
Forty-three percent of Americans struggle to pay bills and make credit payments, while 23 percent of workers making $50,000 to $99,999 a year are living paycheck-to-paycheck, and underserved Americans spend $141 billion in fees and interest to meet their financial needs. That's why, as the Center for Financial Services Innovation puts it, "Financial health matters to all of us." Today (June 27) CFSI and other mission-based organizations are celebrating #FinHealthMatters Day, to highlight what we all can do to improve financial health.
- Categories
- Technology
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Mobile Podcasts: A Cost-Effective Way to Boost Financial Literacy in India
As a reader of this blog, you likely find it easy to read and understand instructions about basic banking processes, and breeze through simple transactions like ATM withdrawals. But what about those who lack literacy skills, or who are just getting introduced to the world of finance? Mobile phone podcasts, particularly those delivered to targeted audiences in their language, can be a solution. With the potential to reach more than 1 billion mobile subscribers in India, mobile phone podcasts could bring financial literacy to underserved communities.
- Categories
- Technology