-
With Skoll Foundation Support, Citi Provides Financing for Innovative Social Enterprise KickStart International
Citi Microfinance and Citi Commercial Bank today announced US$2,000,000 in financing to support KickStart International, a non-profit social enterprise that designs, manufactures, and sells high quality, low-cost irrigation pumps for use by smallholder farmers across Sub-Saharan Africa.
- Categories
- Uncategorized
-
New legislation to regulate micro finance companies
Legislation to regulate and supervise microfinance institutions, including finance companies and banks accepting deposits from the public, will be introduced in Parliament.
- Categories
- Uncategorized
- Tags
- governance, microfinance
-
Social Enterprises: Bubble building within the space, creating fissures in the sector
When shoeshine boys start giving stock tips, then you know something is wrong, goes an old Wall Street dictum.
- Categories
- Uncategorized
- Tags
- impact investing
-
Weekly Roundup 7/27/13 – Sparking the Diaspora
Harnessing the power of the diaspora, not just as a means of familial economic assistance, but also for wider financial and infrastructure investment, is getting less theoretical and more applied. That’s especially thanks to the power of social media to pull expatriate investors together, and the ease of money transfers. It seems the next big wave of financial innovation is coming in the form of products like diaspora bonds and profit-seeking, albeit patient capital, diaspora funds.
- Categories
- Uncategorized
-
IIM Calcutta setting up incubator for BoP startups
Startup incubators and accelerators have been cropping up across the country in the recent times (which is good news for the domestic startup ecosystem). Now Indian Institute of Management (IIM) Calcutta is planning to set up an incubation centre which will focus on social enterprises addressing the problems of people living at the bottom of the pyramid.
- Categories
- Uncategorized
- Region
- South Asia
-
Economies of Scale or Diseconomies of Enormity: Should there be more mergers and acquisitions of international development NGOs?
In the for-profit sector, mergers and acquisitions (M&A) are ways to ensure that the most effective organizations survive and achieve greater scale. This improves cost-effectiveness in the overall market and spreads best practices more widely. But with the large numbers of NGOs in international development, why don’t we see more M&A activity in the non-profit sector? In light of the recent Merlin and Save the Children merger, WDI’s Prashant Yadav explores some reasons.
- Categories
- Uncategorized
-
Social Enterprises: Bubble building within the space, creating fissures in the sector
When shoeshine boys start giving stock tips, then you know something is wrong, goes an old Wall Street dictum.When this aphorism begins to resonate in the field of impact investing and social enterprises endeavouring to address some of the most intractable societal challenges of today, then it is indeed worrying.
- Categories
- Uncategorized
- Tags
- impact investing
-
Indonesia’s Microfinance Industry Faces Overwhelming Demand
A tattooed man briefly interrupted Wastiri as he ducked into her roadside stall, taking a seat alongside the slow-moving traffic that crawled down the narrow Tanjung Priok street. She flashed him a smile as he greeted her, beaming wide and toothless from her perch atop a worn wooden bench.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.