-
World Bank to offer transition support of $3.5 billion to India for infrastructure, education initiatives
NEW DELHI: The World Bank will continue its concessional lending meant for poorer countries to India and has also significantly upped the country's single-borrower limit, looking to provide a helping hand to the new government in taking forward its agenda on infrastructure, skilling, river cleaning and tourism.
- Categories
- Uncategorized
- Region
- South Asia
-
The experimenters strike back in microcredit research
“GIVE a man a fish”, said Bono, an Irish singer turned philanthropist, “he’ll eat for a day. Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime."
- Categories
- Uncategorized
-
The Smartphone Does It Again: Building Credit Scores For Microentrepreneurs
In 2010, when Shivani Siroya started developing an idea for a new microfinance model, predatory lending practices were changing the way people saw microfinance.
- Categories
- Uncategorized
-
My Day Without Banks
Lesson one from navigating the archipelago of check cashers, payday lenders, and discount store money desks: it’s expensive to be poor.
- Categories
- Uncategorized
-
More evidence that giving poor people money is a great cure for poverty
As solutions to global poverty go, "just give poor people money" is pretty rock solid.
- Categories
- Uncategorized
-
Fighting Financial Exclusion: How To Serve 88 Million Americans Who Have No Bank
“Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor,” the great American author James Baldwin wrote in 1960.More than half a century later, his words ring true to the 46 million Americans who live below the poverty line and to the millions more who are struggling to stay above it.
- Categories
- Uncategorized
-
Put Your Money Where Your Mouth Is: 4 Ways to Invest With a Conscience
For many people, investing has become more than just a way to make money or plan for long-term financial security.
- Categories
- Uncategorized
-
Ten Days in Kenya With No Cash, Only a Phone
Even farther into the country, a few miles from the Ugandan border in a town called Bungoma, I find Gertrude Wamalwa working her farm plot, a rust-colored scarf tied across her forehead and a machete in her leathered hands. Wamalwa and her Bungoma neighbors don’t appear to have any connection to mobile money.
- Categories
- Uncategorized
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.