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Dr. H. Sudarshan of Karuna Trust Wins India Social Entrepreneur of the Year, 2014
The Schwab Foundation for Social Entrepreneurship, in partnership with the Jubilant Bhartia Foundation announced Dr. H. Sudarshan, founder of Karuna Trust, as the winner of the India Social Entrepreneur of the Year, 2014 Award. The awards were conferred in New Delhi, at a well-attended gala, by Mr. Arun Jaitley, Minister of Finance, Corporate Affairs and Defence, Government of India. The other finalists included Matthew Spacie of Magic Bus and Yogendra Bhushan of Bodh Shiksha Samiti.
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- South Asia
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One Size Doesn’t Fit All: Understanding the shifting dynamics of BoP clients’ demand for financial services
As the need to better serve BoP markets has become a business imperative, both the context and our knowledge about low-income consumers’ use of financial services have changed. For that reason, Monique Cohen argues, we need an approach to customer service and product development that recognizes customers’ different - and evolving - financial needs.
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USAID administrator announces financial inclusion commitments in India
U.S. Agency for International Development Administrator Rajiv Shah announced USAID support for three priority areas of partnership as identified in the recent summit between Prime Minister Modi and President Barack Obama in Washington.
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- South Asia
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Can M-Pesa Succeed in India?
This case study looks at how M-Pesa, a service that originated in Kenya, was tweaked for India and whether it can succeed.
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- South Asia
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- mobile finance
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PRESS RELEASE: GSMA Introduces Code of Conduct for Mobile Money Providers
The GSMA today launched a Code of Conduct for Mobile Money Providers, outlining a series of common business principles to enable the development of safe and responsible digital financial services.
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- mobile finance
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India’s financial inclusion scheme progressing ahead of schedule
At the current pace, it's a matter of days before bank employees help the government scale the target of opening 7.5 crore bank accounts under the financial inclusion scheme launched on August 29.
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- South Asia
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A chocolate factory with a higher purpose
When Shawn Askinosie left a successful law career and founded his bean-to-bar chocolate company in 2006, he set out to make a prize-winning product while helping developing-world farmers and their communities. Today he practices direct trade, meeting face-to-face with farmers to buy their cacao beans at above fair trade prices. And he returns each year to share 10 percent of his profits as well.
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- Sub-Saharan Africa
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An IPO at the Base of the Pyramid?
Some say D.light could be one of the first base-of-the-pyramid IPOs to offer shares on a major stock market.
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