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Innovative Banking Strategies for the BoP in India: Exploring ‘No Frills Accounts’ and the business correspondent model
In India, commercial banks have begun to comply with financial inclusion mandates, leading to innovative—though far from perfect—strategies to bank the poor. Yet even if promoting social inclusion may not be part of a bank’s business philosophy, the potential market for banking the global informal economy—estimated to be worth around $10 trillion annually—should speak for itself.
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Goonj founder this year’s top social entrepreneur
Almost 13 years ago an idea then considered a ‘non-issue’, fructified into an NGO — Goonj, got recognised on Tuesday evening, as its founder Anshu Gupta was adjudged the ‘Social Entrepreneur of the Year India 2012”.
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- South Asia
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Is the Philanthropy Model Broken? Changemakers Discuss Social Entrepreneurship in Dubai
In Dubai, a city that is sometimes referred to as ‘soul-less’, over 150 social changemakers from across the Gulf gathered at the Capital Club in DIFC a couple of weeks ago to discuss how our models of social entrepreneurship and philanthropy can evolve.
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- North Africa & Near East
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World Bank introduces new investment lending policy
The World Bank is a step closer to overhauling its policies and procedures as part of efforts to transform the U.S.-based lender into a “solutions bank.”
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Weekly Roundup: Taking a Closer Look at India’s Socent Prowess
There’s little argument that India has become the world’s testbed for both financial inclusion and social enterprise incubator exploration. Two studies that came across the NextBillion transom in recent weeks take a step back to explore the quickly germinating networks underlying both, as well as identify the gaps.
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- incubators
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Santa Clara University Welcomes Applications from Investment-Ready Social Enterprises
SANTA CLARA, Calif., Nov 01, 2012 (BUSINESS WIRE) -- Applications are now open for Santa Clara University's Global Social Benefit Incubator (GSBI(TM)), an 11-year-old program that helps social entrepreneurs create greater impact in their poverty-alleviating missions.
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Businesses urged to take lead in supporting social enterprises
SINGAPORE : Acting Minister for Social and Family Development Chan Chun Sing has said that while the government supports social enterprises, more businesses still need to take the lead in growing the sector.
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- Asia Pacific
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How To Strengthen Pakistan’s Economy? Empower Women!
Changemakers talked to Shaista Bukhari about how to unleash the entrepreneurial power of women and what it could mean to Pakistan’s economy, if more women were to open businesses on their own. A transformation that requires more than just seed money.
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- Uncategorized
- Region
- South Asia
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