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Weekly Roundup: 2-19-12 – Going Beyond ‘Potential’ in Southeast Asia
There seems to be no lack of enthusiasm in the potential for China and Southeast Asia as fertile ground for a social enterprise sector. By launching the Impact Ventures Accelerator Program, LGT Venture Philanthropy hopes to go beyond ‘potential’ toward establishing a new a network for cultivating enterprises in the region.
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- impact investing
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Indian MFIs Have Deviated From Idea of Micro Credit: Muhammad Yunus
Microfinance institutions in India have deviated from the idea of micro credit, Professor Muhammad Yunus, chairman of Yunus Centre and pioneer of micro-credit, has said."They (MFIs) moved away from the idea of micro credit. That has created all the problems," said Yunus, in a media brefing in Mumbai. "MFIs based in Andhra Pradesh have drifted from their mission.
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- South Asia
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Commercial MFIs Can Make Markets Work for the Poor
Commercial microfinance institutions (MFIs) are an exemplification of making markets work for the poor. Are they indeed? A recent piece of research, comparing the lending performance of for-profit MFIs with not-for-profit MFIs, shows that though for-profit MFIs serve close to three-quarters of the market, the evidence does not seem to indicate that these MFIs lend indiscriminately when compared to their peers.
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Accion MFB Considers Customers’ Plight, Out With Low Interest Products
Accion Micro Finance Bank has come out with cheaper and low interest rate products to meet the needs of its customers.
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- Region
- Sub-Saharan Africa
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Vikram Gandhi Sets Up Own Investment Bank
It will handle domestic and cross-border deals and advise high networth individuals and global institutional investors such as pension funds and sovereign wealth funds (SWFs) which are looking to increase their allocation to India
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- South Asia
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NexThought Monday, Guest Post: Facing the Challenges of BoP Housing in Brazil
Despite a commendable 50 percent reduction in extreme poverty levels since 2003, a cohesive low income housing strategy to eliminate an officially defined deficit of 6.7 million is severely lagging. We believe the Fez Tá Pronto Construction System presents a genuine and very necessary globally applicable paradigm shift.
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Microfinance Project Helping Low Income Group In Singapore
An innovative MicroCredit Business Scheme (MCBS) has been launched in Singapore to help people from low-income backgrounds create a sustainable income by establishing or expanding their small businesses. The project is a pioneering initiative in Singapore that is being implement as a collaboration between POSBank (POSB), Tote Board, and the Social Enterprise Hub.
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- Region
- South Asia
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Weekly Roundup: 2-12-12 – ROI (Return on Impact)
Credit Suisse Research Institute, in collaboration with the Schwab Foundation for Social Entrepreneurship, recently released “Investing for Impact: How social entrepreneurship is redefining the meaning of return." It’s a detailed yet eminently readable report on the state of play.
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- impact investing, scale
