-
New Micro Lending Program to Pump Cash into Detroit
Amid the Motor City’s ongoing bankruptcy eligibility trial, the launch of a new lending program is likely welcomed news for Detroit small businesses.
- Categories
- Uncategorized
- Tags
- microfinance
-
Why mobile money can work in rural areas
Mobile money is an important means of facilitating the transfer of funds across rural areas in Africa, but services are often designed to function in a specific way – which might not be to the benefit of all who are making use of them.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
-
New Report Finds $5 Billion in Investments in FinTech for Financially Underserved Americans
Study Tracking Investment Activity in FinTech Companies with Potential to Help Financially Underserved Consumers Shows Growing Market, Investor Opportunity, and Emphasis on Payments and Specialty Credit Technologies
- Categories
- Uncategorized
-
Goldman Sachs thinks it can make money by being a do-gooder
When faced with an investment bank saying that it's going to do something for "social impact," it's fair to interrogate its motives. Take Goldman Sachs's new $250 million "social impact" fund, or the $10 billion that Morgan Stanley hopes to attract to its "investing with impact" platform, for pumping money into projects with some beneficial public outcome.
- Categories
- Impact Assessment
-
Yunus Sees New Law Spelling Beginning of the End for Grameen
Muhammad Yunus, the Nobel laureate and outcast founder of Grameen Bank, said Bangladesh’s move to tighten controls on the microcredit lender is “heart-breaking” and called for an end to state interference.
- Categories
- Uncategorized
-
Microinsurance in Asia and Oceania Grows by 40%
According to new research released by the Munich Re Foundation and GIZ, the microinsurance sector in Asia and Oceania has reached 172 million lives and properties covered, representing a 40% annual growth rate between 2010 and 2012. India is leading the market at over 100 million, whilst Malaysia and Indonesia emerge as having the most vibrant microinsurance markets with a growth rate of 185% and over 100% respectively, over the same time period.
- Categories
- Uncategorized
-
MasterCard Launches Center to Drive Inclusive Growth Around the World
MasterCard has launched the Center for Inclusive Growth to further sustainable and equitable economic growth and financial inclusion around the world.
- Categories
- Education
-
In India, what drives private banks’ interest in rural areas?
The rapid increase of rural incomes and consumption with a shift in expenditure patterns has altered business perceptions
- Categories
- Uncategorized
- Region
- South Asia
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.