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“Locavesting” Meets Crowdfunding Meets Social Entrepreneurship
What better way to strengthen communities, while empowering regular people to support nearby small businesses, than by helping individuals fund local entrepreneurs?
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- Uncategorized
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- crowdfunding
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Banks in Nepal are building interoperable mobile money offerings
In Nepal, two 3rd party initiatives are attempting to bring together the banks and offer the tools needed for them to successfully operate mobile money. The banking sector in Nepal is fragmented with not one bank having double digit market share.
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- Uncategorized
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- mobile finance
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Expanding mobile money programmes in Kenya
Over the past six years, Kenya has posted significant growth in mobile phone financial services – a sector that it has in many ways helped to pioneer – and the medium-term outlook looks equally encouraging as operators move to offer traditional banking products such as savings accounts and loans. With the sector gradually converging with conventional financial services, the central bank is moving to strengthen its regulatory oversight, which could alter market dynamics.
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- Uncategorized
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- mobile finance
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Finding Macro Solutions for Microfinance
Small loans to give backcountry villagers a modest start toward entrepreneurship — the bright idea that brought Muhammad Yunus the Nobel Peace Prize in 2006, 30 years after he founded Grameen Bank in Bangladesh — is by now a fading ideal.
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- Uncategorized
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MetLife and Sesame Workshop to Provide Financial Knowledge & Resources to Low-Income Families with Young Children
MetLife, Inc. announced today that MetLife Foundation has committed $20 million over the next five years to Sesame Workshop, the nonprofit educational organization behind Sesame Street, to advance financial capability among low and moderate-income families with young children throughout the world.
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- Education
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Big Investors and the Young Nudge Morgan Stanley Toward Sustainable Investing
Some of the biggest names in institutional finance are starting to bank on sustainability. Morgan Stanley this month announced a five-year goal of $10 billion in client assets for its “investing with impact” program, which offers investors a range of products targeting social responsibility and environmental sustainability.
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- Impact Assessment
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- impact investing
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Socially Responsible Funds: Should You Bother?
On paper, socially responsible funds sound fantastic. You pick a cause, and fund managers funnel your money into companies that further that cause. Everybody wins.Yet while socially responsible funds may help idealistic investors sleep better at night, shareholders may not be getting their money's worth.
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- Environment, Impact Assessment
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- impact investing
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Four World-Changing Products Dreamed Up by Bill Gates
This holiday season, Bill Gates wants stuff that doesn’t exist. Not for himself, mind you, but for the developing world. Gates has tons of ideas for products that would improve lives there, if only someone would build them.
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- Technology
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