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Innovations in Financial Capability: Four Lessons For Providers
Building successful financial capability requires moving beyond traditional modes of product delivery and financial education. Accion identified several best practices from organizations that habitually learn from their clients’ needs and behaviors, and tailor their products to meet those needs and build capability. Here are four lessons from their new report on the topic.
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Stanford University Business Program Takes Root in East Africa
Building on the success of its program in West Africa, Stanford Seed (http://www.gsb.stanford.edu/seed/home), the Stanford Institute for Innovation in Developing Economies, has announced the launch of the Seed Transformation Program in East Africa (http://www.gsb.stanford.edu/seed/transformation-program/east-africa).
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- Press Release
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- Sub-Saharan Africa
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Op-ed: Marching to a Different Drummer: Social Enterprise Gains Popularity in China
Researchers Huan Chen, Juelin Yin and Florian Kohlbacher from the International Business School Suzhou (IBSS) at Xi'an Jiaotong-Liverpool University (XJTLU) in Suzhou explain why and how the idea of “social enterprise” is beginning to gain some traction in China.
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- South Asia
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Michael and Susan Dell Foundation Earmarks $50 Million for Indian Startups
The Michael and Susan Dell Foundation (MSDF), one the world's biggest philanthropic organisations, and an active impact investor in India, has earmarked an additional $50 million (about Rs 333 crore) towards investments in the country over the next three years.
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- South Asia
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- philanthropy
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Africa’s Great Digital Divide: You’re More Likely to Have Access to the Internet as a Wealthy Man in a Coastal Country
Tech start-ups coming out of Africa have blossomed in the past few years, putting the continent on the digital innovation map. Two examples are Kenya’s mobile money transfer service M-Pesa which is now being offered by Vodafone in Asian markets and Ushahidi - a crowdsourcing platform that has monitored everything from disasters to elections and used the world over.
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- Sub-Saharan Africa
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Airtel to Launch Payments Bank in India in Q2 FY17
Bharti Airtel's mobile commerce subsidiary, Airtel M Commerce Services, has been renamed Airtel Payments Bank. The company plans to launch its payments bank operations in the second quarter of the current fiscal year, it said in a statement on Tuesday.
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Twenty Crore Bank Accounts Opened: Where Does Jan Dhan Yojana Go From Here? An Explainer
Duplication of accounts, account dormancy and the financial unsustainability of the Bank Mitra model. While the Jan Dhan Yojana may be one of the most exhaustive financial inclusion processes to date, there’s still more to be done.
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- South Asia
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Want to Serve the World’s Poorest Citizens? Take Your Company Public in India
For the last 15 years or so, there has been lots of hype about “business models” that will alleviate global poverty while turning a profit. It was a premise derived from the success of the microfinance industry in providing credit to some of the poorest people in the world, who, contrary to conventional wisdom, had a higher repayment rate than the typical borrower. As the late Dr. CK Prahalad hypothesized in his landmark book, “The Fortune at the Bottom of the Pyramid”, there are several strategies that organizations fighting global poverty need to master – and that those capabilities are in abundance in the private sector. They are better at marketing. They are better at R&D and understanding price points. And they are good at partnerships when it serves their purposes. The public and non-profit sectors, alternatively, are generally not very good at any of these things.
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- Uncategorized
- Region
- South Asia
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