-
Jumpstarting Indian Startups Serving The Bottom Of The Pyramid
There’s a dearth of seed-stage funding for social enterprises in developing countries, a situation known as the “pioneer gap.” That’s why Will Poole and Dave Richards co-founded Unitus Seed Fund about two years ago and, recently, announced an agreement with the U.S. Global Development Lab, a new enterprise within USAID, to jumpstart the early-stage impact startup ecosystem in India.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- impact investing
-
JPMorgan Chase to spend $35m on promoting financial inclusion
This commitment builds on the efforts of the Financial Solutions LabSM, a separate five-year, $30 million program developed earlier this year by JPMorgan Chase and the Center for Financial Services Innovation (CFSI), to identify, test and scale innovative financial products and services to improve financial security.
- Categories
- Uncategorized
-
OPINION: Safaricom, Equity Bank thin SIM wars a distraction that should not drag on
Nairobi; Kenya: The dispute pitting Safaricom against Equity Bank over the latter’s plans to offer mobile money transfer services is unnecessary and should not be allowed to drag on.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
-
Gates Foundation offers to help monitor India’s ambitious financial inclusion scheme
NEW DELHI: The Bill & Melinda Gates Foundation has offered to help in monitoring of the progress made with regard to Pradhan Mantri Jan-Dhan Yojana, the flagship financial inclusion scheme of India's government.
- Categories
- Uncategorized
- Region
- South Asia
-
Indonesia’s Financial Services Authority plans cap on microcredit interest rates, banks on alert
Indonesia's Financial Services Authority plans to set a cap on microcredit rates this year, a move that would put domestic lenders on alert as micro-lending has been seen as the most profitable credit segment.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- microfinance
-
Weekly Roundup – 9/20/14: An awkward moment, new momentum and a brewing battle highlight recent developments in finance
Muhammad Yunus has issued some pointed criticisms of microfinance’s turn toward profit. But is the sector he pioneered listening to him - and are his ideals even realistic in the first place? We discuss these questions - along with signs of momentum in impact investing and new developments in a Kenyan mobile money battle - in this Roundup.
- Categories
- Uncategorized
-
Don’t Grow For Growth’s Sake: Smart Growth For Social Enterprises
“How small can I stay, while still driving big, transformative impact?” It’s an exciting question some social entrepreneurs are now asking themselves as they consider how to turn a good idea into a scalable solution.
- Categories
- Uncategorized
-
MasterCard and Bansefi to drive financial inclusion in Mexico
MasterCard and BANSEFI, the social bank of Mexico, announced a partnership to foster financial inclusion in Mexico through the disbursement of social benefits using electronic payments.
- Categories
- Uncategorized
- Region
- Latin America
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.