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Can Microfinance Still Make a Difference?
It's the Yangon entrepreneurial dream: a teashop in the suburbs to call your own. But for Ma Thandar, a 39-year-old mother of two, it is just a dream – and one she’s unlikely to be able to attain.
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- Uncategorized
- Region
- South Asia
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The Rise of Black Start-Ups and Social Entrepreneurship in South Africa
With tough economic times and unemployment rising in an ever-changing world that is becoming more democratised, it is no surprise that there is a rise in black start-ups and social entrepreneurship. The reality for most black entrepreneurs is that they venture into entrepreneurship not of out career luxury, but rather out of the need to survive economically. Their long-term objective is not to create wealth, but merely to keep the business afloat while living off the profits.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Rwanda Finalises Process to Interlink Financial Sector
The government of Rwanda is in final stages to interlink its financial sector, a move that will see the banking, microfinance, pension, insurance as well as capital market linked together.
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- Uncategorized
- Region
- Sub-Saharan Africa
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India’s Microfinance Sector Sees 29% Rise in Loan Disbursements in First Quarter
Microfinance industry has witnessed 29 per cent growth in loan disbursements during the first quarter of 2016-17, a report says.
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- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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South Africa is a Regional Leader in the Financial Inclusion of Women
South Africa is the only country in the Southern African Development Community in which women are more financially included than men, new research shows.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Betting Craze Powers Mobile Money to 20 Percent Growth in Kenya
The volume of cash moving through mobile money transfer platforms grew by a fifth in the first six months of this year, powered by increased uptake of cellphone-based gaming, industry data shows.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Tanzania Keeps Close Eye on Kenya’s Interest Rates Cap Impact
The Bank of Tanzania (BoT) says it is closely watching the outcome of the decision by Kenya to introduce caps on loan interest rates before considering a move back home.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Ratan Tata, Nandan Nilekani to Start Microfinance Company
Mumbai: Ratan Tata, chairman emeritus of Tata Sons, Vijay Kelkar, former finance secretary and chairman of the National Institute of Public Finance and Policy, and Nandan Nilekani, co-founder of Infosys Ltd and the architect of Aadhaar, are joining hands to start a microfinance institution (MFI).
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- Uncategorized
- Region
- South Asia