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Framing the BoP : Dalberg’s Gupta on avoiding negative definitions for BoP business
Gaurav Gupta, Dalberg’s regional director for Asia, says the broader base of the pyramid business space should avoid defining itself from a negative perspective, i.e. failures. Instead we should emphasize strides in reducing the BoP sector as a whole.
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Expert Slams Crowdfunding As A ‘Fad’
Crowdfunding’s dismal record in securing substantial investment for entrepreneurs has made it an unsustainable platform for businesses in the long run, according to a London Business School enterprise expert.
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First women’s bond from World Bank raises $165 million
Bonds tied to social or environmental targets are part of a new trend of social finance, as a growing class of investors seek to bridge the gap between philanthropy and pure financial returns.
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New Micro Lending Program to Pump Cash into Detroit
Amid the Motor City’s ongoing bankruptcy eligibility trial, the launch of a new lending program is likely welcomed news for Detroit small businesses.
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- microfinance
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New Report Finds $5 Billion in Investments in FinTech for Financially Underserved Americans
Study Tracking Investment Activity in FinTech Companies with Potential to Help Financially Underserved Consumers Shows Growing Market, Investor Opportunity, and Emphasis on Payments and Specialty Credit Technologies
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Fundamental Funding: How basing funding on business fundamentals helps early-stage enterprises
In India, hundreds of entrepreneurs are setting up innovative social businesses. They are able to access equity funding for early stage enterprises, but once they are past the proof of concept and need working capital, they hit a funding snag. Simmi Sareen explains this critical gap in the financial ecosystem, and how funding based on business fundamentals can address it.
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- impact investing
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A Farewell to Cash?: The move toward a cashless world – and what it could mean for the BoP
In a digital world, why do we remain so attached to old-fashioned bits of metal and paper? David Wolman tackles the question in his book, “The End of Money," which illuminates the forces that could be driving us toward a cashless future. He spoke with NextBillion Financial Innovation about what a cashless world might look like - and what it could mean for the poor.
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Yunus Sees New Law Spelling Beginning of the End for Grameen
Muhammad Yunus, the Nobel laureate and outcast founder of Grameen Bank, said Bangladesh’s move to tighten controls on the microcredit lender is “heart-breaking” and called for an end to state interference.
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