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Opinion: Statistical illusions do not make a reality for financial inclusion in India
For financial inclusion to be meaningful, it is necessary that people not only have a bank account but also have access to timely and adequate credit at an affordable cost
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- South Asia
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“It is high time for mobile network operators to transform”: The CEO of Eko, on bridging the bank/telco divide
There is no love lost between banks and telcos in many countries. But Eko has found a way to leverage the strengths of both to bring needed banking services to underserved customers. In Part 5 of our Mobile Money Movers series, Eko CEO Abhishek Sinha discusses his company’s unique branchless banking model, and the need for telcos to evolve - perhaps by emulating Facebook.
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Press Release: Cook Stove Design Competition Yields Innovative Designs for a Cleaner World
The Samuel Curtis Johnson Graduate School of Management’s Center for Sustainable Global Enterprise at Cornell University announced the winners of its Cook Stove Design Competition, sponsored by Japanese kerosene stove manufacturer, Toyotomi.
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Lifting Filipinos out of poverty by growing social entrepreneurship at home
Many Filipinos move into urban slums or leave their country in search of work. But to help lift his nation out of poverty, economist Antonio Meloto wants to turn its citizens into job generators rather than job seekers. Special correspondent Fred de Sam Lazaro profiles Meloto’s efforts to encourage businesses in rural areas.
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- South Asia
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Crowdfunding Could Change Chinese Politics
Crowdfunding, which allows web users to contribute small sums of money to fund collective projects like concerts and films, is taking off in China — and just how far it will go is more than a business question. By allowing netizens to vote with their renminbi, online crowdfunding could become an economic activity with political effects, bringing closer two separate spheres that rarely overlap in China. As a result, in the future, crowdfunding platforms could do more than make music; they may also help bring political changes to the country.
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- Asia Pacific
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- crowdfunding
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Crowdfunding Platform Aims to Break Cycle of Poverty for Adolescent Girls
A new social enterprise is setting its sights on breaking the cycle of poverty for girls in the developing world, by giving them the opportunity to go to high school through the helping hand of crowdfunding.
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The challenges of setting up a social investment fund
Today Nesta launch their first impact investment funds. Its director of impact investments outlines the challenges they faced.
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- crowdfunding
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Bitcoin’s bit part for mobile money
From central bankers and academics to speculators, everyone is getting over-excited about Bitcoin. Everyone that is apart from consumers, very few of whom have first-hand experience of buying actual goods with the virtual currency.
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- digital payments
