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Social enterprise Incubator Villgro invests in three start-ups
Social enterprise Incubator Villgro has invested in three startups, marking its first set of funding this fiscal year. It is targeting to invest in 25-30 more startups by the end of the fiscal year. Ujjeewan Healthcare, Aindra Systems and Scholowiz Educational Solutions, all early-stage companies, have secured funding from Villgro.
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Weekly Roundup 9/5/14 – Recharging Batteries: It’s good to go to conferences, even for editors
There’s a reason groups go to such lengths to organize conferences, and people from all over the world attend them: They’re a great place to recharge batteries and recalibrate goals. It works for editors, too.
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- microfinance
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Zimbabwe: Insurers Must Introduce New Products
Zimbabwe's Insurance and Pensions Commission (Ipec) has called on players in the insurance sector to be innovative to come up with new products that are suitable for the lower end of the market and grow income in the face of tight liquidity.
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- Sub-Saharan Africa
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Voices from the Summit: Eight quotes from prominent speakers on Day 2 of this week’s Microcredit Summit
By Day 2 of this week’s Microcredit Summit, we’d interviewed eight leaders and innovators in microfinance – from trenchant critics to the sector’s elder statesman, Muhammad Yunus. We’ve compiled eight quotes – one from each interview – which give a sample of some of the topics under discussion at the conference.
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Microfinance’s Irresistible Story: Already mythic in scope, the next chapter’s under way as the 17th Microcredit Summit begins
The development of the microfinance sector has followed a story arc that’s almost mythic in scope, including lots of good things and plenty of bad. Now, the sector is trying to write the next chapter – and events at this week’s 17th Microcredit Summit in Mexico will no doubt be included.
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Seen and Heard at SOCAP14, Day 2
The future of impact investing, the problem with funders, defining "scale," lessons learned, railroads (yes, railroads) ... it’s all on the table at SOCAP14. We’ve got team coverage of things we saw, heard and learned during Day 2 of the sprawling conference.
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Microfinance in Jordan isn’t helping to empower women
Foreign donors need to reconsider how their money is being used, as profits are taking precedence over sustainability
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- Region
- North Africa & Near East
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Report: Digital payments bolster economy, promote financial well-being
A new report by the World Bank Development Research Group found that incorporating digital payment systems into the economies of emerging and developing countries helps to spur economic growth and individual financial well-being.
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