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Stock Exchanges for Social Enterprises? Here’s Where You Can Find Them
As the spotlight on investors seeking social investments continues to brighten, the rise of social stock exchanges—places where people can buy shares in social businesses with missions that align with theirs—shouldn’t be all that surprising.
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Featured Event: Sankalp Unconvention Summit 2014: There’s still time for NB readers to register at a discount
Sankalp Unconvention Summit 2014 is set for April 9-11 at Hotel Renaissance, Powai, in Mumbai. NextBillion is serving as a media partner for this year’s summit, and there’s still time for NextBillion readers to register by using the discount code: NXTBSUS. The summit is the flagship event of Intellecap’s in-house initiative, Sankalp Forum, a platform for social entrepreneurs.
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The Right Way to Talk About Money: Ignacio Mas discusses the impact words can have on financial behaviors at the BoP
Words can have a major impact on the way people think and feel about their money, says Ignacio Mas. In this Q&A with Mercy Corps’ Kyla Yeoman, he discusses how financial service providers should take customers’ psychological needs into account when designing products - and how the words used to describe these products can affect the way they’re used.
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How Business Can Lift People Out Of Poverty: 4 insights from the world’s best social entrepreneurs
How do you profitably sell to a customer who earns less than $2 per day?
It is probably the most daunting business question in the world — as well as the most important, because that’s the earning power of nearly one third of humanity. The challenge is immense. And yet a new kind of entrepreneur is springing up who sees things differently, for whom business is the best way to fight poverty.- Categories
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Ghana’s Fidelity Bank inaugurates agency banking
Fidelity Bank has inaugurated its new banking model, known as Fidelity Agency banking, which allows the bank to use shops and supermarkets as bank agents, called as Fidelity Smart Agents.
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Ministry’s scepticism, Aadhaar issues hang over Nachiket Mor financial inclusion plan in India
The finance ministry has questioned the practicality of some recommendations made by a panel formed by the Reserve Bank of India (RBI) to promote financial inclusion, including a 1 January 2016 deadline it has set for making an Aadhaar-linked bank account available to every adult Indian.
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Mobile network operators team up in Sri Lanka to provide mobile money to 60% of population
Etisalat joined Dialog’s eZ Cash mobile money platform on Monday, enabling a combined subscriber base of 12.7 million —over 60% of the country’s population— to enjoy ‘seamless and convenient mobile money services’ that lets them deposit, send or receive money and pay utility bills, insurance premia and engage in other transactions.
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Central Bank of Nigeria gives room for microfinance bank mergers and acquisitions
There is an expectation of stronger microfinance banks (MFBs) in the country if the micro institutions that could not meet with their recapitalisation requirements, successfully engage and conclude with mergers and acquisition as they are directed by the Central Bank of Nigeria (CBN).
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