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10 Key Takeaways from the 2014 Global Findex Survey: Highlights from the World Bank’s treasure trove of financial inclusion data
How many adults in the world have a bank account? How do people save, borrow, and manage financial risk? How is mobile money shaking up the financial inclusion world? The World Bank’s newly released Global Findex attempts to answer those questions, drawing from a database of 800 indicators, based on surveys with almost 150,000 people in 143 economies. CGAP presents 10 takeaways from the report.
- Categories
- Education
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NexThought Monday – Financial Capability: Where Do We Go From Here?
Collectively, the financial capability field has arrived at a key point in its evolution, write Daria Sheehan of the Citi Foundation and Joshua Sledge of CFSI. The concept has reached widespread adoption and attempts at innovation are yielding new and effective models for helping people better manage their money. With so much accomplished in the recent past, what will it take to continue the momentum for the future?
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- Education
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Nine Humanitarian Businesses Win Bloomberg-Funded Genesis Challenge
Genesis Generation Challenge Recipients of this year are: Build Israel and Palestine (BIP); Building Up (Canada); eNable 3d Printed Prosthetics; LAVAN (Israel); Prize4Life (Israel); Sanergy (Kenya); Sesame (Israel); Spark (Burundi); and Vera Solutions (United States, India).
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- Education, Health Care
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Acumen Increases Its Efforts to Improve India’s Private Education With New Investments
Acumen announces its new investment in Ignis Careers andStandard of Excellence in Education and Development (SEED) to improve the current state of low-cost, private education in India. India has the largest kindergarten to 10th grade system in the world with more than 1.6 million schools. More than 96 percent of children, ranging from ages 6 to 14, are enrolled in school. However, the quality of education is poor, and half of the children in Grade 5 can only read at a Grade 2 level.
- Categories
- Education
- Region
- South Asia
- Tags
- impact investing
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MBA Careers Pack Social Impact as Schools Hone Corporate Responsibility
The role of business in society has never been greater. The case for corporate responsibility strategies like product innovation, resource efficiency and diverse workforces grows ever stronger.
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- Education, Impact Assessment
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DfID Accused of Heightening Inequality Through Support for Private Sector
Report by campaign group Global Justice Now points finger at Department for International Development over private health and education projects.
- Categories
- Education, Health Care, Investing
- Region
- Sub-Saharan Africa
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Press Release: Citi Supports Teach Children to Save Campaign to Help Educate And Prepare Kids for Positive Financial Futures
Citi will once again help thousands of young students across the country receive basic financial education as the bank supports American Bankers Association's (ABA) annual Teach Children to Save campaign for the 15thconsecutive year. The national program, designed to encourage local youth to develop positive financial habits early in life, marks April 24th as Teach Children to Save Day to raise awareness of the importance of teaching children about saving. Beginning in March and continuing for months after Teach Children to Save Day, hundreds of Citi volunteers will teach thousands of children in grades K-12 in classrooms and after-school programs in financial education events in major cities across the country.
- Categories
- Education
- Tags
- savings
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To get people to build toilets, turn to subsidies
The one public bathroom in Ponkrum collapsed a few years ago. An effort to build a new one yielded a large pit that is used for trash, not defecation. For the people living in the small village near the Ghanian coast, there is no other option than going out in the open.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health