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Microinsurance in Asia and Oceania Grows by 40%
According to new research released by the Munich Re Foundation and GIZ, the microinsurance sector in Asia and Oceania has reached 172 million lives and properties covered, representing a 40% annual growth rate between 2010 and 2012. India is leading the market at over 100 million, whilst Malaysia and Indonesia emerge as having the most vibrant microinsurance markets with a growth rate of 185% and over 100% respectively, over the same time period.
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Empowering women social entrepreneurs in India
New 'Young Women Social Entrepreneurship Development Programme' in India is to identify women working in social enterprises and train them to become 'Master Trainers'.
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Econ 101: Three different ways to lift girls out of poverty
New projects that teach young women how to start a business, hold a bank account, and apply for financial aid can help to give them better futures and avoid the hallmarks of poverty -- poor health care, forced marriage, and early childbirth.
And Kathy Calvin, CEO of the United Nations Foundation, says that helping girls out of poverty will have a ripple effect that extends to fighting poverty for more than just themselves.- Categories
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Solving a $2.5 Trillion Problem: Can innovations in credit scoring give credit where it’s due?
Micro, small and medium-sized enterprises have a combined credit need of up to $2.5 trillion globally. This need is due to an intractable standoff between lenders desperate to capture this market, and borrowers unable to convey their creditworthiness in the antiquated ways demanded of them. Could credit scoring innovations utilizing non-traditional data ease the standoff?
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- credit scoring, lending
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In India, what drives private banks’ interest in rural areas?
The rapid increase of rural incomes and consumption with a shift in expenditure patterns has altered business perceptions
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- South Asia
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Premal Shah: Loans That Change Lives
An interview with former PayPal product manager Premal Shah, who today heads Kiva, a global microfinance organization.
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- microfinance
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Why social enterprises can help heal Haiti’s post-earthquake wounds
It's been nearly four years since the Haiti earthquake and despite the billions of dollars that have been pumped into aid relief projects, the country is still recovering. "Since the earthquake, there has been a lot of short-term aid in Haiti, but creating sustainable and long-term jobs is a different story" explains Rebecca Troxler from 3 Cords, a social enterprise whose workforce includes a number of amputees and members of a local deaf community, who otherwise would likely be unemployed.
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- Latin America
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Mobile money agents fortify shops to stem rising crime
An upsurge of crime targeting mobile money shops in Kenya has prompted operators to come up with new ways to ward off criminals.
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- Uncategorized
- Region
- Sub-Saharan Africa
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