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Study: Is India’s flagship financial inclusion initiative bearing fruit on the ground?
There is a big debate about the role of financial markets and products in shaping consumer welfare and real economic activity. In developed economies, there is an increasing discussion that financial sector may have become inefficiently large and products offered to households may have become excessively complex. In contrast, in many developing countries, like India, there has been a significant push to increase the usage of financial products – to “complete” the market. While there is some empirical literature on the former, evidence on the latter is scant.
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- Uncategorized
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- South Asia
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Small finance bank licensee Disha’s parent raises Rs500 crore
Fincare Business Services Ltd (Fincare), a financial inclusion platform, on Tuesday announced that it has closed a Rs500 crore transaction with investments from private equity investors TA Associates, True North, Tata Opportunities Fund and LeapFrog Investments.
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- Uncategorized
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- South Asia
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Africa leads in creating resilient women entrepreneurs – Mastercard Index
Following the release of the Mastercard Index of Women’s Entrepreneurship (MIWE) this week, it was revealed that 34.8 percent of businesses in Uganda are owned by women, making it one of the top performing African countries highlighted in the index.
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- Uncategorized
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- Sub-Saharan Africa
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‘I Know Where I’m Going’: Lessons from the ‘Vital Voices’ Accelerator for Female Entrepreneurs
In the final article in a six-part series on entrepreneurship's role in women’s economic empowerment, Nathan Rauh-Bieri highlights the experiences of five entrepreneurs in the year-long Vital Voices GROW Fellowship. The women reflect on what they learned from the training, and evaluate its usefulness to their businesses and their leadership development. Their experiences provide six lessons about how to optimize the effectiveness of entrepreneurship education.
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World Bank giving $100 million to strengthen Nepal’s financial sector
The World Bank has approved a US$ 100 million credit to help Nepal accelerate its medium-term reform program for the financial sector, and to reduce the vulnerability of the banking sector and increase its transparency.
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The Final Countdown: Where are MetLife’s Financial Inclusion Grants Landing?
In 2013, the MetLife Foundation made a $200 million commitment over five years to move global financial inclusion forward. The foundation, along with its partners launched projects around the world beginning with low-income communities in Asia, Europe, Latin America, the Middle East, and the United States.
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GE Partners with The Tony Elumelu Foundation on Lagos Garage
General Electric and leading entrepreneurship The Tony Elumelu Foundation (TEF) have announced a partnership that would allow up to 25 Tony Elumelu EF Entrepreneurs to participate in a dedicated 4-week advanced manufacturing training program every year at GE’s Lagos Garage – a hub for advanced manufacturing-based innovation, strategy development, idea generation and collaboration.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Three Leading Organizations In Africa And The Mastercard Foundation Partner To Improve Livelihoods For 1.1 Million African Smallholder Farmers
DAKAR, Senegal - Three of the leading organizations in Africa working with smallholder farmers today joined The MasterCard Foundation to reaffirm their commitment to provide farmers with more of the financial resources and agribusiness connections they need to succeed.
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- Uncategorized
- Region
- Sub-Saharan Africa
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