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Citi’s CEO talks of bank’s microfinance initiatives
Citigroup has long had a major position in emerging markets including in South America, Asia and Africa, and at an event in London CEO Mike Corbat discussed the bank’s efforts in microfinance.
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- microfinance
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ImpactAssets launches free online resource for impact investors and their advisors
The annual compilation includes experienced fund managers representing a broad range of investment opportunities that deliver social and/or environmental benefits along with financial returns.
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- impact investing
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Why the banker who helped millions of Bangladeshis out of poverty became his country’s enemy number one
Muhammad Yunus is fêted by world leaders, renowned internationally and a national hero at home. All of which makes it harder to explain why the government in his native Bangladesh is trying to destroy him.
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- Uncategorized
- Region
- Asia Pacific
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Gate Global Impact Partners With U.N. To Capitalize Social Entrepreneurs
Gate Global Impact announced at the recent United Nations Global Compact Leaders Summit a plan to feature select companies from the U.N.’s soon-to-be-launched Social Enterprise Action Hub on the Gate Global Impact GATEWAY Platform, a crowdfunding platform for social entrepreneurs to pitch impact investors.
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- impact investing
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The Bangladesh poor selling organs to pay debts
Millions of rural Bangladeshis, grow up facing a life of hardship. In an attempt to alleviate poverty, countless numbers take on debt with microcredit lenders, only to find themselves in a difficult situation when they are unable to repay the loan.
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- Uncategorized
- Region
- Asia Pacific
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- microfinance
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Microinsurance in Africa grows by 200%, says report
More than 44 million Africans use microinsurance products as tools to manage the risks they are exposed to, a study on the Landscape of Microinsurance in Africa last year has shown.
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- Uncategorized
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- Sub-Saharan Africa
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In Indonesia, Mobile banking becomes a source of local banks’ revenue
With the sharp increase in the use of smartphones, mobile banking has become an important source of income for Indonesian banks that are now expanding fee-based services to boost their profits.
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- Uncategorized
- Region
- Asia Pacific
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Full Financial Inclusion Possible by 2020
The Center for Financial Inclusion "Mapping the Invisible Market" project revealed that the majority of the financially excluded live in just six countries: Brazil, China, India, Indonesia, Nigeria and Pakistan.
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- Uncategorized
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