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eRezeki project to connect Malaysians at bottom 40% of income pyramid with digital income
Prime Minister Datuk Seri Najib Razak today announced the eRezeki project to connect Malaysians at the bottom 40% of the income pyramid (B40) with domestic and global digital income.
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- Region
- South Asia
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Why American Small Businesses Are Singing Microcredit’s Praises
Grameen America has helped multiple neighborhoods in the U.S. thrive. Here's the story of one business owner in Queens, New York.
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Mozido Receives $185 Million in Series B Funding from MasterCard, Wellington Management Company…
Mozido, a provider of mobile financial, retail and marketing services, today announced a two-part round of Series B funding of up to $400 million.
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EU Offers $1bn Development Capital To Three African Countries
European Union (EU) has given three African countries Lesotho, Togo and Zambia over $1 billion for economic development under its National Indicative Programmes (NIP).
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- Region
- Sub-Saharan Africa
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OPINION: Twenty years of making microfinance, or whatever you want to call it, work
Today in Seattle, an organization called Global Partnerships celebrates two decades of helping people rise up out of poverty through a variety of initiatives all aimed at empowering the poor – by helping smallholder farmers, improving health, encouraging the use of “green” technologies and through microfinance.
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Blackstone’s Steve Schwarzman on Dangote and investing in Africa
“He is a smart guy, and he always has something informative to say.”
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Move over banks, Reserve Bank of India pushes for smart wallets
The RBI is running a pilot project with a group of private payment gateway operators like Oxigen and Airtel Money to facilitate money transfers without the intervention of a bank.
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‘Independence from Credit’: Pro Mujer co-founder Carmen Velasco discusses self-help groups, and how much profit is too much in microfinance
As a pioneer of microfinance in Latin America, Pro Mujer co-founder Carmen Velasco has had a front-row seat for the sector’s tumultuous evolution over the past two decades. In this video Q&A, Part Two in our series on The Future of Microfinance, she discusses the need for MFIs to help clients move beyond credit - and how self-help savings groups could make some microcredit providers obsolete.
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