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Sankalp & SOCAP enter global alliance to further Impact Investing market
Intellecap initiative Sankalp Forum announced a strategic partnership with Social Capital Markets, convener of the international SOCAP conference series, in San Francisco during SOCAP ‘13. Sankalp Forum is an enabling platform that helps social enterprises find investors, mentors and scale. And SOCAP works towards increasing the flow of capital towards social good.
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- South Asia
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- impact investing
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Social Business Finalists Unveiled in the Siemens Stiftung ‘Empowering People’ Award
The Siemens Stiftung organized an international competition to find simple but intelligent technological solutions with the capacity to sustainably improve the lives of people in developing countries. The international jury will announce the top three winners at the Award Ceremony in Nairobi. They will receive prize money of 100,000 EUR in total. From now until October 21st, anyone can take part in the online voting and choose their personal favourite for the special community prize.
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Editorial: E-banking requires better technology support for operation
Mobile banking is gaining ground among the people of the country since the Bangladesh Bank (BB) formulated a guideline nearly two years ago. Mobile banking grew at a faster pace, proving that it is more useful than the formal banking. Transaction through mobile banking service has been increasing at a rate of 20 per cent every month. Some 7.2 million people now make the use of different services under mobile banking services through more than one lakh outlets across the country.
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- South Asia
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Digital payments key to financial inclusion, says Gates report
Digital payments systems are key to providing wider access to financial services, but customers in developing countries may have to pay each time they use them in order for the economics to stack up, according to a new report on financial inclusion from the Bill and Melinda Gates Foundation.
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Vikram Akula tries a second coming at SKS Microfinance
Vikram Akula, the poster boy of Indian microfinance who ran into trouble in the company he founded after it was listed, may be eyeing a return to its top post, with a key shareholder backing him.
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- South Asia
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- microfinance
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Let’s Make Money More
Impact investing is still seen as a niche market – yet to “cross the chasm” into the mainstream, as we say in the technology world.
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- impact investing
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Announcing NextBillion Financial Innovation: Our newest blog banks on progress
It seems that nearly every day a financial provider, a technology designer or an entrepreneur (or other innovator) is unveiling a new wedge to crack open the door for people traditionally shut out of the financial system. Telling their stories, sharing their insights, debating the consequences of their advancements (or setbacks, as the case may be), this is the guiding principle of NextBillion Financial Innovation, the new blog we’re proudly launching today.
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- impact investing
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NexThought Monday – 7 Trends Shaping Africa’s Youth Employment Challenge: What do social entrepreneurs bring to the conversation?
Currently, 70 percent of Africans are under the age of 30. By 2040, 50 percent of the world’s youth will be African, most of whom will be women and girls. Social entrepreneurs teach great lessons when it comes to the grand challenge like youth unemployment in Africa. The biggest opportunities for all sectors and institutions are at the center of the problems and the insights within the community.
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- employment
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