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Social Entrepreneurs Lack Diversity in Leadership Teams
As social entrepreneurship has surged as a field dedicated to transforming inequities through the power of inclusion, what's emerged is a profound culture of exclusion.
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IFC Promotes Access to Finance for SMEs in Peru With US$50 Million Loan to Mibanco
The International Finance Corporation (IFC), a member of the World Bank Group, disbursed a loan of S/.167.6 million (approximately US$50 million) to Mibanco, the largest microfinance institution in Peru and Latin America, with the aim of increasing financing to small and medium enterprises (SMEs) and low-income sectors of the population, thus helping boost job creation and economic growth.
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- Latin America
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- microfinance
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A New Map of Poverty, a New Approach to International Aid
More people are living longer and living better than at any time in history. In the past 25 years alone, child mortality has declined by more than half. The proportion of people suffering from hunger has been cut almost as much. And countries like China and South Korea—once major recipients of development aid—have emerged as global-economic powers.
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- Sub-Saharan Africa
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Weekly Roundup: The (Possible) Impact of President Trump or Sanders on Emerging Economies
We avoid politics on NextBillion, but in ways that truly matter to our readers, this U.S. presidential campaign has invaded our territory. Many observers in recent weeks are taking a hard look at what a Donald Trump or Bernie Sanders presidency would mean for emerging economies. In this post, we examine some of the possible repercussions of two key policies advocated by the candidates.
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Innovative Products and Services Drive Financial ‘Capability’ Through Behavioral Change
New Research Explores How Organizations Are Tying Financial Capability Interventions More Closely to Customer Behavior, Improving Upon Traditional Education Methods
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Startups to Get $76m in Government’s Microcredit Guarantee Program in Indonesia
Creative Economy Agency (BEKRAF) has said it will distribute Rp 1 trillion ($76 million) from the government’s micro-credit guarantee program (KUR) to Indonesian startups. The loans will be provided by three of Indonesian state-owned banks – PT Bank Rakyat Indonesia Tbk (BBRI), PT Bank Negara Indonesia Tbk (BBNI), and PT Bank Mandiri Tbk (BMRI).
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- South Asia
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Why China’s Fintech Surge is Only Just Beginning
In China, MetLife Foundation's newest approach to improving the financial health of everyday consumers is through harnessing the power of social entrepreneurs. Next month the foundation will invite social enterprises (nonprofit and for-profit alike) across China that are focused on increasing access and use of financial services among low- to moderate-income people to enter their products to participate in a new competition. Why China is booming for fintech and what's next.
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- fintech
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Startup Rising Africa
It’s hard to get more American than generalizing Africa as one big homogenous thing. It is, of course, a rich and diverse continent of more than 50 nations, where merely a piece of it — say from Kenya to Nigeria — is a greater distance than the entire United States. Each country, and within each country, has distinctive languages, heritages, cultures and histories.
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- Sub-Saharan Africa
