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Inter-American Development Bank Grants Colombia $450 Million USD Loan for Financial System Reforms
According to the IDB, the proposed reforms will aim to solidify macroeconomic stability, boost development, encourage public/private partnership financing, strengthen regulation of the financial system, promote financial inclusion, and heighten the country’s ability to monitor progress in these areas.
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- Uncategorized
- Region
- Latin America
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Opinion: Adopting the sustainable development goals is a business opportunity for Australia
Business as usual is not an option. The UN Sustainable Development Goals (SDGs), launched in 2015, are 17 goals for ending poverty, transforming health and education, improving our cities and communities, addressing gender equity and tackling urgent challenges such as climate change. Collectively, they propose a new development pathway, based on partnership between governments, civil society and business that could transform our societies.
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- Uncategorized
- Region
- Asia Pacific
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I’m a Victim of DFS: Digitizing My Dollars is Fine, the Problem is Digitizing Me
The whole framework for digital money is inadequate, says Ignacio Mas, because people don't have a proper digital identity. That's partly due to governments and financial institutions having different needs. He recommends dividing identity rules into two: one set that serves financial integrity and law enforcement needs, and another that fulfills the bank's fiduciary duty toward customers.
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- Uncategorized
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Philippines government’s microfinance facility goes nationwide
With sufficient funds to provide to borrowers, the Department of Trade and Industry (DTI) and its micro-financing arm Small Business Corporation (SB Corp) will lead the implementation that will assist micro entrepreneurs financially and enable them to grow their businesses.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- governance, microfinance
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New Partnership Aims To Lift Women Microentrepreneurs In Myanmar Out Of Poverty
OPIC and DAWN announced in early May that the former had agreed to provide a $5 million loan to support DAWN’s activities in the country. An outgrowth of Save the Children’s Myanmar operation, DAWN has been operating independently of the NGO for the past two years, with strong support from Accion and other stakeholders. When DAWN launched in 2015, it had 27,000 clients carried over from Save the Children. Two years later, it serves 80,000 women and has its eye on rapid expansion.
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- Uncategorized
- Region
- Asia Pacific
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MetLife Foundation Is Proud to Present Its 2016 Annual Report
When MetLife Foundation launched our financial inclusion strategy in 2013, the financial inclusion industry was beginning to show that a well-coordinated global effort could produce impressive results. We saw that more than 2 billion people lacked access to formal financial services. But we also saw how steadily that gap was being closed.
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- Uncategorized
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Everex to Enable Mobile Blockchain-Powered Microfinance via Ethereum
Everex mobile fiat transactions are based on the company’s already existing Cryptocash service and its mobile Ethereum wallet. Cryptocash is an Ethereum ERC20 token family, pegged to fiat currencies and tradable on the Everex Wallet, as well as on third-party applications and exchanges.
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- Uncategorized
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The Price Clients Pay For SRI/ESG Investing
SRI has gained a lot of assets in recent years. In 2016, socially responsible funds managed approximately $9 trillion in assets from an overall investment pool of $40 trillion in the United States, according to data from the US SIF Foundation. While SRI and ESG investing continue to grow in popularity, economic theory suggests that if a large enough proportion of investors choose to avoid “sin” businesses, their share prices will be depressed.
- Categories
- Uncategorized
- Tags
- impact investing
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