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‘We are now treading cautiously on lending’
Dena Bank Chairperson and Managing Director Nupur Mitra, who is due to retire on December 31 this year, feels that customers at the bottom of the pyramid offer lot of opportunities for banks to expand business.
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- Region
- South Asia
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Five Predictions For The Future Of Social Entrepreneurship
What’s the future of social entrepreneurship? On November 29th, Ashoka’s founder, Bill Drayton, is giving his predictions in an interview with David Bornstein from the New York Times. But what do you think? Give your say on Twitter using the hashtag #FutureSocEnt and your thoughts will feed into the event and a post-event summary.
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Entrepreneurial Solutions to Poverty: As we wrap up Global Entrepreneurship Week, let’s salute entrepreneurs in frontier markets
As we celebrate Global Entrepreneurship Week across 130 countries, I want to salute entrepreneurs in frontier markets who take the biggest risks and face the longest odds—yet still find ways of growing firms that build prosperity for the world’s poor. With few assets other than passion and ingenuity, successful emerging market entrepreneurs envision new business ideas and then implement them.
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Intellecap, Villgro Enter Strategic Partnership to Build a Comprehensive Ecosystem for Social Entrepreneurship
Intellecap and Villgro today announced a strategic partnership that will leverage the extensive experience and networks of both organizations to better assist social entrepreneurs developing innovative business models across India. This synergy of resources and expertise will promote a broader national-level collaborative plan to identify and support competitive enterprises focused on creating market solutions for the Base of the Pyramid.
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- South Asia
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Bamboo Finance Acquires Accion Investment Fund
Bamboo Finance, a global private equity group specializing in microfinance and financing social entrepreneurship, announced today that is has acquired a controlling interest in Accion Investments in Microfinance, SPC, a private, for-profit equity fund that has provided capital to microfinance institutions (MFIs) since 2003.“This US$105 million transaction is a landmark for the industry” said Jean-Philippe de Schrevel, CEO of Bamboo Finance, “It demonstrates the maturity of the sector and its readiness for private investors.”
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- impact investing
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Inside Microinsurance: Why Insuring Female Micro-entrepreneurs has a Ripple Effect
Through MiCRO, a reinsurance company formed in March 2011 by Mercy Corps and Fonkoze with SwissRe, female microentrepreneurs will receive an insurance payout triggered by hurricanes Isaac and Sandy high winds and heavy rains to replace goods and repair damaged businesses. The product can be tailored to the needs of whatever client organization we’re working with and the people they serve.
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GADCO Announces Investment from AATIF Fund sponsored by KfW, Deutsche Bank and the German Government
Global Agri-Development Company (GADCO), the FMCG agri-food company operating in sub-Saharan Africa, is pleased to announce an investment from AATIF (Africa Agriculture and Trade Investment Fund), the public-private partnership funded by the German Government, KfW, and Deutsche Bank.
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My new book will talk about SKS experience: Vikram Akula
A candid account of what went wrong at SKS Microfinance Ltd during 2009-11 is in the offing. Founder and former chairman of SKS Microfinance, Vikram Akula, tells Santosh Tiwari in an interview he was working on his new book, which will focus on his SKS experience and lessons learnt.
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- Uncategorized
- Region
- South Asia
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- microfinance
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