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IndusInd Bank secures $200 million loan from Asian Development Bank for microlending in India
The 7-year senior loan will go towards IndusInd Bank's micro-finance activities, it said in a statement.
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- Uncategorized
- Region
- South Asia
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Common Cents Lab Unveils Millennial Financial Regret Spending Report
Conducted in partnership with Qapital, a fintech app focused on helping people save and spend better, the new study surveyed 1,000 Americans between the ages of 20 and 36-years old to identify which purchases they regarded as either most regretful or most satisfying. Through this effort, the team of behavioral economists isolated four positive personal financial habits that others may emulate to improve financial wellness and fulfillment.
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- Uncategorized
- Region
- North America
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It’s Not Just About Price: Innovative Solutions to Africa’s Remittances Problem
Through remittances, millions of migrants in developed countries support the basic needs of loved ones in their home countries. But with limited alternatives available, substantial costs are incurred – particularly in Africa where the average cost of sending money is 9.8 percent. Barry Cooper at Cenfri looks at some innovations that have the potential not only to decrease high fees, but to increase access beyond urban areas.
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- Uncategorized
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Barclays launches an ‘impact investing’ fund seeded by Harvey McGrath in response to demand
Barclays has developed and launched an impact investment vehicle, seeded by Sir Harvey McGrath and designed to reflect the social conscience of the modern investor; together they believe conscience and credible returns can be compatible.
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- Uncategorized
- Region
- Europe & Eurasia
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- ESG, impact investing
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846 Companies Honored as Best for the World, Creating Positive Impact for Workers, Environment, Community
“Today's honorees inspire all companies to compete not only to be best in the world, but best for the world. We hope many will take the first step to follow their lead by using the B Impact Assessment to measure and manage their impact with as much rigor as their profits,” said Jay Coen Gilbert, co-founder of B Lab.
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- Uncategorized
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Social Enterprises Are Starting To Suck Up All The Talent From Nonprofits
According to the report’s fine print, the number of organizations expecting to hire dropped 7% year-over-year, while it rose 4% among social enterprises in the private sector. And that changes the stakes of the hiring game a bit. It’s no longer nonprofit versus nonprofit.
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- Uncategorized
- Region
- North America
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- employment, nonprofits
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The tumultuous journey of Bharat Financial Inclusion
Bharat Financial Inclusion, formerly SKS Microfinance and India’s first listed microfinance firm, faces a potential merger with IndusInd Bank, which some experts say is the only way for its survival.
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- Uncategorized
- Region
- South Asia
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New act in Thailand to give social enterprises a big boost
Social Enterprises Act will propose that the National Legislative Assembly (NLA) set a target for the rest of this year and through 2018 to boost the number of social enterprises in the country.
- Categories
- Uncategorized
- Region
- Asia Pacific
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