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Register Early for the ANDE Latin America Conference in Granada, Nicaragua
This year will see several gatherings around the role of the private sector and social enterprise in the development of Latin America; following the Miami Conference, Nicaragua will welcome the first ANDE Latin America Conference to discuss the role of small and growing businesses in Latin America’s fight against poverty. Register early!
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- Entrepreneurship
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IGNIA Fund I Invests MXN$63 Million in MeXvi, Mexican Provider of Self-Construction Solutions
MONTERREY, Mexico, Feb. 4 /PRNewswire/ -- IGNIA Fund I, LP, the first impact investing fund in Latin America, announced today that it has invested MXN$63 million in Mexicana de Servicios para la Vivienda S.A.P.I. de C.V. ("MeXvi"), a leading provider of integral solutions for self-construction of low-income homes in rural and semi-urban settings. "MeXvi provides the end user with accessible construction materials, design and technical assistance, so that the cli...
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- Entrepreneurship
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- Latin America
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One Man’s Crusade to Bring Riches to Rural Areas: Aavishkaar Social Venture Capital Fund
Aavishkaar CEO Vineet Rai has been raising the ’social entrepreneurship’ bar that will help create excellent, livelihood-generating rural enterprises, says Rajni Bakshi. Vineet Rai enjoys putting a twist in the buzz about social entrepreneurship. Since his work is one of the reasons for the excitement about such businesses, Rai is now a frequent speaker at public events. "I can’t wait for the ’social’ to be dropped" is usually his opening line. Rai’s tightr...
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- Entrepreneurship
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- South Asia
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- entrepreneurship
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Root Capital, E+Co Tap Major New Funding
It must be the (giving) season. Just this week, NextBillion allies and SME investment pioneers Root Capital and E+Co announced $14M each of new investments and grants. Congrats to our friends and colleauges at both Root and E+Co - who have done pioneering work in the agricultural finance and energy finance sectors, respectively.
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- Entrepreneurship
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MFIs Wary of Housing Loans over Default Fears
Bangalore: Concerns of defaults are holding back microfinance institutions, or MFIs, from a full-fledged expansion into home loans even as they seek to turn their clientele of poor borrowers into consumers and compete with commercial banks. MFIs, established mainly to lend small sums to the unbanked poor to help them earn a living, say there’s potentially a huge demand for home loans among their customers. At least two of seven prominent MFIs that Mint spoke to have started...
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- Entrepreneurship
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- South Asia
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Tatas Going Global with Low-Cost Housing
Kochi, Nov. 5 The Tatas are giving a global perspective to their successful affordable housing model, which was launched in Mumbai. Mr Ratan Tata, Chairman of Tata Sons, said that Tata Housing has got enquiries for replicating the Mumbai housing model from other countries and is likely to start out from Maldives. Enquiries have come from various other States and the affordable housing model would soon be extended to Kolkata, Bangalore and Assam. He said there exists tremendo...
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- Entrepreneurship
- Region
- South Asia
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Misconceptions on Low Income Housing Markets and Strategic Implications for BoP Business Models
According to our publication ?The Next 4 Billion? yearly expenditures on housing in the BoP market is about $331.8 billion.The unmet need for housing is often equated with the need for new housing. However, these segments usually build their houses incrementally, a room at a time. This has significant implications for BoP business models.
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- Entrepreneurship
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An Alternative Urban Vision for India – Affordable Housing
I recently attended the First Habitat Summit, a joint initiative by India Habitat Centre and Urban Habitats Forum. There were some of the discussions which I feel qualify as a good read for the BoP community. One of them was on the topic of Affordable Housing. This engaging session was chaired by Ashish Karamchandani from Monitor Group...
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- Entrepreneurship