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Press Release: Deutsche Bank Reaches $100 Million Commitment Target for its Client-Centric Microfinance Fund
Deutsche Bank announced today it has reached the USD 100 million commitment target for Global Commercial Microfinance Consortium II ("Consortium II"), a first-ever fund to support the growth of microfinance institutions ("MFIs") that pursue a high level of client care, transparency of operations and pricing, and product innovation.
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A New Way to ‘Experience’ Favelas: A social enterprise bringing tourists and favela residents under one roof
Favela Experience offers authentic room and apartment rentals to travelers in Rio’s safe and vibrant favela communities. The social venture aims to generate sustainable income for favela host families while breaking negative stereotypes about favelas.
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Tony Elumelu’s new Africapitalism
Global development leaders can’t seem to get enough of Tony Elumelu, the soft-spoken Nigerian banker and philanthropist who last year made headlines when he announced a $2.5 billion investment in U.S. President Barack Obama’s Power Africa initiative.
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Open thread: vote for your favourite development innovation
The honey that heals, the app that helps reunite families after natural disasters, Haiti's miracle moringa tree – which of our dozen development innovations caught your eye?
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Analysis Firms Battling for Pole Position as Impact Investing Goes Big
Big claims were a common theme at TBLI 2013, a sustainable finance conference held in Zurich, Switzerland, this past November. There's a feeling that sustainable finance is on the cusp of going big, and small and large companies alike are lining up to join the race to be the one the industry will turn to for a variety of services, in areas ranging from metrics creation and impact evaluation to data collection.
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NexThought Monday – Announcing the Most Influential Posts of 2013
We asked for your vote, and NextBillion readers cast more than 16,000 in our contest to pick the Most Influential Post of the year. Here are your winners for 2013.
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Hyderabad institute launches social entrepreneurship program with Columbia University
The Institute of Management Technology, Hyderabad, announced the one-of-a-kind joint 'Social Entrepreneurship' program with Columbia University's School of International and Public Affairs (SIPA). The Social Entrepreneurship Program was inaugurated on January 1 and will commence from January 2 and go on until January 18, 2014.
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Jagirti Yatra – annual train journey across India for social entrepreneurs
On December 24th another departure of Jagirti Yatra, which means “journey of awakening” in Hindi, took place. Since its founding in 2008, the railway odyssey has spawned more than 200 social enterprises.
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- South Asia
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