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Press Release: Kiva Deploys $1 Billion in Loans to Female Entrepreneurs Around the World
“The strength of these women who’ve put Kiva loans to work to benefit themselves and their communities is the reason that we exist today,” said Goldie Chow, Director of Impact at Kiva. “We will continue to empower female entrepreneurship, and do all that we can to generate greater financial inclusion for the next generation of female entrepreneurs worldwide.”
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- Press Release
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- Finance
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PayPal Is the First Company to Drop out of the Facebook-Led Libra Association
“PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratize access to financial services for underserved populations,” PayPal said in an emailed statement to TechCrunch.
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- Finance
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Crypto May Be the Future of Humanitarian Aid
Venezuelans need a way to access the world economic marketplace that bypasses the regime’s control, a way to attain a degree of financial independence. And for some citizens of Venezuela, help has arrived in the form of bitcoin.
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- Finance
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- Latin America
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- cryptocurrency
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Fintech Company CredoLab Set to Drive Financial Inclusion in South Africa
Using this non-traditional data and predictive analytics for credit scoring enables lenders to expand their pool of borrowers while keeping risks under control.
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- Finance
- Region
- Sub-Saharan Africa
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Report: Most Indian Banks Fail on Policies of Climate Change, Human Rights
Most Indian banks fail on policies of environment and human rights and this inaction leaves the Indian banking sector vulnerable to investment risks arising due to climate emergencies, according to the first edition of Fair Finance Guide India scorecard.
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- Finance
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- South Asia
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Fintech company, CredoLab set to drive financial inclusion in South Africa
Credit scoring fintech company, CredoLab announced on Tuesday, 1 October 2019, that it has officially launched in Africa. Starting in South Africa, CredoLab is aiming to drive financial inclusion in emerging economies on the continent by credit scoring more people, especially those who are new to banking or credit.
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- Finance
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- Sub-Saharan Africa
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- fintech
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Zimbabwe Mobile-Money Directive May Halt Commerce, Operator Says
A Zimbabwean government directive banning the purchase and sale of cash through mobile-money services may halt much of the nation’s commerce as the biggest system will have to be shut down temporarily, its operator said. The ban, a directive aimed at stabilizing a monetary system that’s spiraling out of control as the national currency plunges, can’t be effected unless the Ecocash
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- Finance, Technology
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- Sub-Saharan Africa
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With Bangladesh on Visa’s Target List, Credit Card QR Codes Are Here, There, and Everywhere
In progressive, emerging markets, debit card usage is closer to 30%, and credit card usage is at least in single digits, indicating at least some progress in financial inclusion.
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- Finance
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- South Asia