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When For-profit Is the Right Answer for a Social Enterprise: Nuru International’s Transformation Toward Profitability, Without Losing Its Social Values
Late last year nonprofit Nuru International made a major transition from a donor-focused operating model toward a profit driven one. Nisha Chakravarty, who joined as the first President and Founder of Nuru Social Enterprises, describes the process and the quest for a “perfect” model of sustainability.
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E-banking Central to Uruguay Financial Inclusion Law
Electronic banking services will play a central role in Uruguay's new financial inclusion law, approved by the senate last week, local paper Espectador reported.
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Bharti Enjoys Airtel Money Surge in Africa
Airtel, India’s largest mobile operator, and which has operations across 17 African countries, disclosed the numbers as part of its consolidated Q4 results.
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- Sub-Saharan Africa
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Uganda’s Bank of Africa Unveils Mobile Banking Platform
Uganda’s Bank of Africa (BOA) has launched a mobile banking platform geared towards earning the bank a larger market share amongst those using mobile money as a way of doing business.
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- Region
- Sub-Saharan Africa
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How Zidisha Sidestepped Banks and Took Microfinancing Peer-to-Peer
Microfinancing platform Zidisha is changing the way microlending works. By cutting out the middle man, they have drastically reduced interest rates for borrowers in the developing world.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- lending, microfinance
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Frustration Rises Over Crowdfunding Rules
Critics Say Two-Year-Old JOBS Act, Intended to Help Entrepreneurs Attract Investments, Requires Major Revisions
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- crowdfunding, governance
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Bottom of the Pyramid Business Strategy in Nigeria
The BOP concept champions new thinking and new ways of doing business in the world’s poor markets.
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- Region
- Sub-Saharan Africa
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Shifting Tracks From Cash to Mobile Money: The development sector is transitioning, but many internal and external obstacles remain
While some development organizations have successfully integrated mobile money into their processes, others face operational and technical challenges in making this transition. As mobile money becomes more ubiquitous globally, how can development stakeholders best tap into these networks to achieve their goal of poverty alleviation?
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