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Perspective: How women across Latin America are building a culture of entrepreneurship
Attitudes toward women entrepreneurs in Latin America are slowly but surely changing, mostly due to the efforts of women who are forging ahead with their enterprises and establishing new network support groups. In working with multiple partners across Santiago, Maxwell Kangkolo, co-founder of The Go Project, offers a perspective on women carving out a chasm through a male hierarchical culture.
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- Uncategorized
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Airtel, Tigo claim mobile money first
Two operators in Tanzania launched a service so that subscribers to their rival mobile money services can send and receive cash with one another.Airtel and Tigo claim it is the world’s first cross-network mobile money transfer service.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- digital payments
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Y Combinator Nonprofit Zidisha Changes Microfinance Equation
The nonprofit says it has figured out a way of getting a 90% repayment rate on business loans to the types of people no financial institution would trust–young people in poor African countries without as much as a permanent address.
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- Uncategorized
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- lending, microfinance
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India telcos agree on mobile banking through SMSs
MUMBAI: Mobile companies have been persuaded by the Narendra Modi government to share a slice of their infrastructure to pave the way for basic banking services through cellphones.
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- Uncategorized
- Region
- South Asia
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- mobile finance
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Rwanda: Microfinance Sector Soldiers On Despite Burden of Bad Loans
Sector experts say there is an urgent need to address challenges facing MFIs, especially by empowering the sector to enhance its capacity and performance.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Can crowdfunding help finance the ‘missing middle?’
What does a social business do when they don’t have a rich uncle to help them go from microenterprise to a small- or medium-sized enterprises? The answer may be crowdfunding.
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- Uncategorized
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- crowdfunding, microfinance
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India’s MFIs shift focus to urban areas
Microfinance institutions (MFIs), which evolved as precursors of the rural thrift credit market in India, are now shifting to urban areas, with big slums in cities turning out to be cost-effective markets over small villages in far-flung locations.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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$75,000 Anzisha Prize for Young Entrepreneurs Announces 2014 Finalists
For the first time ever, African Leadership Academy and The MasterCard Foundation are delighted to have Anzisha Prize finalists from Togo and Ivory Coast (http://www.anzishaprize.org), revealing strong growth in entrepreneurship activity amongst youth in West Africa. Five young women are among the 12 finalists in the running for the $75,000 prize money that will be awarded on 23 September 2014, and will fly to Johannesburg from DRC, Kenya, Ghana, South Africa and Nigeria.
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- Uncategorized
- Region
- Sub-Saharan Africa
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