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Six Years, Many Lessons: Scaling Impact from the Ashoka Globalizer Program
Why don’t great ideas that are useful and working effectively to solve some of the most pressing social challenges “travel” as well as business ideas do? An organization doesn’t have more impact the bigger it becomes, in fact, it’s quite the opposite … and this became our mantra and our working hypothesis at the Ashoka Globalizer Program.
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Shadow Financing Indirectly Flowing Into China Stock Market
Mix the mainland's red-hot stock market with its opaque shadow lending industry and the result could be a new level of risk in the mainland financial sector.
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- South Asia
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- lending
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Kiva Zip and Startup Incorporation Service Join Forces
If you’re running a social enterprise–or any startup, for that matter–two of the headaches you face are incorporating and raising early funding.
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Viewpoint: The Evolving Microfinance Revolution Has Yet to Run Its Full Course
Forty years ago, before microfinance was called microcredit, before it even had a name, I made $50 loans to 800 Guatemalan farmers in the form of six bags of 12-24-12 fertilizer, which dramatically increased their yields on the plots of maize and beans they cultivated.
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CNET Founder Eyes Bitcoin Wallet in India
From having founded the pioneering digital publishing platform CNET, selling it for $1.8 billion to CBS and filing for Chapter 7 bankruptcy subsequently, Halsey Minor — an American serial tech entrepreneur from the 1990s dotcom boom era — has seen it all. His next big bet is digital finance, which he describes as the "last frontier of internet", with all other consumer-facing segments having been already tapped.
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- South Asia
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Viewpoint: India’s MFI Rules Need More Thought, or Else They Can Go Wrong
The microfinance industry has witnessed many changes since the 2010 crisis. Recently, the Reserve Bank of India (RBI) eased some lending norms for microfinance institutions (MFIs), which will mean enhanced access to credit for customers. Also, the government has proposed that the Mudra Bank (Micro Units Development Refinance Agency Bank) will regulate MFIs. Alok Prasad, chief executive officer, Microfinance Institutions Network (MFIN), a self-regulatory organization for non-banking finance company (NBFC) MFIs, talks about regulatory challenges in the industry and how the future of microfinance may evolve. Edited excerpts:
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- South Asia
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- lending, microfinance
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Twitter Top Ten – 5-3-15: #Nepal
Normally we recognize ten tweets each Sunday that stood out to us from the week gone by. This week we’re doing 11 - including one on a point of hope for Nepal, one week after the devastating earthquake has taken so many lives and left so many more uncertain.
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