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Uganda, Tanzania latest to welcome Diaspora Mobile Money transfer service
The Diaspora Mobile money transfer service from Rapid Communications’ is now in Uganda, Tanzania and Senegal only a month after it was unveiled in Kenya.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Largest transaction in Indian microfinance since 2010
Janalakshmi, a microfinance institution headquartered in Bangalore, announced that it had closed its Series D primary equity raise of INR 3.25 billion.
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- Uncategorized
- Region
- South Asia
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FEATURED EVENT – SOCAP14
SOCAP14 is the world’s leading conference on impact investing and social enterprise. Held at San Francisco’s Fort Mason Center from Sept. 2-5, SOCAP14 will unite innovators in business, tech, the sharing economy, health, philanthropy, and more to advance environmental and social causes.
This year’s theme "Igniting Vibrant Communities" challenges us all to look for vibrant communities when seeking evidence of successful impact.- Categories
- Uncategorized
- Tags
- impact investing
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Genius in Microfinance – Reflections on Pancho Otero
In a recent retrospective, Rich Rosenberg called Pancho Otero, the founding leader of Bolivia's Prodem and BancoSol, a genius. Elisabeth Rhyne tell the story of who Otero was and what he accomplished.
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- Uncategorized
- Region
- Latin America
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- microfinance
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Economic growth and ‘something else’ to address inequality
How can fast-growing developing economies close the inequality gap and ensure that economic growth is followed by structural transformation that not only reduces poverty but also improves access to opportunities, promotes mobility and enhances social capital? They need to find ways to provide growth and “something else” or opportunities for social cohesion and mobility for those at the bottom of the pyramid, Julie T. Katzman, executive vice president and COO at the Inter-American Development Bank said during an interview with Devex on the sidelines of the event in Paris.
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- Uncategorized
- Region
- Latin America
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African mobile money technology expands in Europe
Africans have long used technology developed abroad, but now a Kenyan cash transfer network which bypasses banks is being adopted in Europe.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- mobile finance
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Indian micro-lenders to open 30 million bank accounts by Aug 2015
Microfinance companies have committed to opening at least 30 million bank accounts within a year through tie-ups with banks as part of the government’s ambitious financial inclusion plan likely to be announced on Independence Day.
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- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Full financial inclusion can boost India’s GDP by 0.9%, says report
British brokerage Barclays today said returns from financial inclusion, in the form of savings through reduced leakages, better tax collection and improved savings, would be much higher than the cost incurred.
- Categories
- Uncategorized
- Region
- South Asia
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