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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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- 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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Unitus raises funds for India from global foundations
BANGALORE: Seed-stage impact investor Unitus Seed Fund has raised $7 million in fresh funding from a clutch of institutional and individual investors taking the total fund size to $20 million.
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- Region
- South Asia
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Has microfinance lost its moral compass?
The industry that provides financial services for people on low-incomes and without access to traditional banking services is morally reprehensible according to new research from The University of Manchester.
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4 tips to implementing effective and efficient microfinance programs
Despite being in place for more than 20 years, microfinance has yet to achieve its full potential, some experts suggest.
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Unitus Seed Fund Has Raised USD 20 Million From Investors
New investors in India’s most active Micro VC impact fund demonstrate that commercial and philanthropic investors are drawn to impact investing
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- Region
- South Asia
