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Fighting Poverty Through … Car Title Loans? A Q&A with Finova CEO Greg Keough
The words "car title loan" are usually associated with cycles of debt and repossessed vehicles rather than any positive social impact. But Finova, a Florida-based startup, hopes to change that image and disrupt the $5.3 billion emergency cash lending industry by providing un- and under-banked people in the U.S. with access to fairly priced loans, while improving their credit scores and helping them get out of debt. We spoke with Greg Keough, Finova's CEO, in this Q&A.
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- Uncategorized
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Eight Principles for Digital Payments in Humanitarian Response
Recognizing both the practical challenges to using locally available digital payment services and the powerful opportunity to leverage humanitarian spending to build inclusive, lasting financial infrastructure, 24 public, multilateral and nongovernmental organizations met in Barcelona earlier this year and developed eight principles for digital payments in humanitarian response.
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Weekly Roundup: Hippies vs. Capitalists at SOCAP, Data (and Honors) for Social Entrepreneurs and a ‘What’ for WHO
We're betting that, even if you're a social entrepreneur, the new Thomson Reuters Foundation poll about your profession contains information you didn't know. Read more about the poll in this week's Roundup, along with “the most effective social entrepreneurs on the planet”; advice for WHO; and some final thoughts from SOCAP.
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- Investing, Social Enterprise
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- impact investing
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Live from SOCAP, Thursday
A recap of Day 3 at SOCAP16, with more Facebook Live interviews and an inside look at some interesting conversations about terminology and trust.
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- Social Enterprise
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Live from SOCAP, Wednesday
Team NextBillion – Scott Anderson and James Militzer – is reporting from SOCAP16 in San Francisco, conducing a series of Facebook Live interviews, attending sessions and meeting some of the many "doers" in attendance at the world’s largest conference on social enterprise and impact investing.
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- Social Enterprise
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Implementing Market Systems Programs in Fragile Contexts
Many farmers operating in a market system broken by conflict have been propped up by global humanitarian efforts. However, Andy Hunter, a market systems practitioner, says that replacing essential commercial services with donor-funded direct delivery options is a market distortion that ultimately ensures a complete collapse of a functional market system.
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- Agriculture
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Facebook Live from SOCAP
NextBillion will broadcast a series of interviews from SOCAP16 through Facebook Live, starting later today and continuing throughout the conference. Join us!
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- Investing, Social Enterprise
- Tags
- impact investing
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Five Imperatives to Help Address the Challenges of Sustainable Rural Economic Development
More than two-thirds of the populations in the least-developed countries live and work in rural areas, where the proportion of people living below the poverty line is generally double that of urban areas. That makes the development of rural economies critical for poor countries to meet their sustainable development goals. Peter Harlock of VisionFund lays out five imperatives to optimise that development.
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