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Risky Business: How financial vulnerability exacerbates traditional business risk
About half of all businesses in the U.S. will fail within their first five years. And the fewer resources and options business owners have, the more they stand to lose if their business goes under. CFED studied U.S. microbusiness owners to learn about their financial behavior and challenges - and how financial capability could help them succeed. Here’s what they found.
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Students Don’t Have To Drop Out To Thrive As Social Entrepreneurs
For young social entrepreneurs, fellowships such as Thiel, Ashoka, and Echoing Green provide guidance and resources that can be essential for launching their projects without having a college affiliation.
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Embattled African Bank gets bailed out
AFRICAN Bank has been bailed out as the Reserve Bank said on Sunday it would pay R7bn for its bad loan book, which allows it to continue lending and safeguards its retail deposits.
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- Uncategorized
- Region
- Sub-Saharan Africa
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OPINION: Microloans for consumption spell ruin
AFRICAN Bank may have been the first to fall, but this is just one part of a tragic story that concerns all microlenders who provide cash loans to fund consumption, which affects SA much more broadly and deeply than the collapse of a single business.
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- Sub-Saharan Africa
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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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- 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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- 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
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- 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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