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Colombia to improve capital city’s public transport system with IDB loan
Colombia will improve its public transportation system in Bogota with a $40 million loan approved by the Inter-American Development Bank (IDB), making its hallmark bus system better as well as cleaner.
- Categories
- Uncategorized
- Region
- Latin America
- Tags
- infrastructure, lending
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ADB clears $700 mn loan for Indian infrastructure development
The Asian Development Bank (ADB) has approved $700 million in loans to support the Indian government's efforts to accelerate investment in infrastructure which the country requires to ensure strong economic growth.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- infrastructure, lending
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India’s Banks not Inclusive Enough
Are commercial banking (as it is currently practiced in India) and attainment of financial inclusion mutually exclusive?
- Categories
- Uncategorized
- Region
- South Asia
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Poor are more trustworthy and bankable, says India’s Finance Minister
Seeking to promote financial inclusion, India's Finance Minister P Chidambaram today called upon banks to focus on poor customers who are more trustworthy and "bankable" as compared to large borrowers.
- Categories
- Uncategorized
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Airtel Money and Ecobank in mobile money partnership
Bharti Airtel has announced a partnership with Ecobank to deliver Airtel Money to nine countries across Africa with Airtel operations. The partnership will make it possible for Airtel customers in the countries with businesses with Ecobank to access secure, convenient and instant mobile financial services on the go.
- Categories
- Uncategorized
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Financial Innovation Goes to School
Later this month, the United Nations will discuss a high-level report on global development priorities for the period following the Millennium Development Goals (MDGs), which expire in 2015. Quality education is one of the global priorities that world leaders will be taking up.
- Categories
- Education, Impact Assessment
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The Sharks of Microfinance and the Future of Impact Investing
Both impact investing and microfinance are market-based solutions designed to address economic gaps within society. However, the notion of profiting from the poor is still a contentious debate at the cornerstone of these modern financial innovations, and impact investing is no exception with its primary target being emerging markets.
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- Uncategorized
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Indian micro-lenders look beyond Andhra Pradesh for survival
Micro-lenders claim that new rules have turned their businesses unviable and encouraged borrowers to not repay money.
- Categories
- Uncategorized
- Region
- South Asia
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