-
Cambodian MFIs relax stance on rates cap
Microfinance institutions will not object to an 18 percent cap on interest rates which comes into effect on April 1, a senior official from the Cambodia Microfinance Association said. Association president Hout Ieng Tong said yesterday they would not seek a rise in the rate because the government had considered the issue thoroughly before ordering the cap.
- Categories
- Uncategorized
- Region
- South Asia
-
Can science rob snakes of their deadliest weapon?
Mix a few beads of venom from a deadly Indian krait with blood cells and, within an instant, the clear liquid will turn bright red as toxins blast through the cells, rupturing their membranes. One look tells you more than you want to know about the excruciating pain of a snakebite.
- Categories
- Health Care
- Tags
- research
-
Economy & Nation Defaults rising in MFI loan book post demonetisation
Post demonetisation, the delinquencies in microfinance institutions (MFI) loan books are rising. Ratings agency ICRA recently downgraded its outlook on two prominent MFIs to negative from stable, mainly due to limited currency supply and disruption in borrower cash flows, which hampered overall the collection efficiency of these lenders
- Categories
- Technology
- Region
- South Asia
-
How PSI is Shaping Markets to Address Global Unmet Need
There are now more than 300 million women and girls using modern contraception in the world’s 69 poorest countries, with more than 30 million of those users added since 2012. That’s the good news. The more challenging news is that despite this progress, health markets in low- and middle-income countries often operate inefficiently, failing millions of potential family planning (FP) consumers.
- Categories
- Health Care
-
Asian Development Bank and Credit Access Asia Sign $32 Million Deal to Improve Financial Inclusion in Asia
The Asian Development Bank signed a €30 million ($32 million) equity investment agreement with CreditAccess Asia, a holding company headquartered in Amsterdam, that operates microfinance institutions across Asia, currently serving approximately 1.8 million customers, 99.8% of whom are women.
- Categories
- Investing
- Region
- South Asia
-
M-Pesa cash ceiling to go up in bid to boost M-Akiba bond
Plans are in the offing to raise the daily mobile money transaction ceiling from the current Sh140,000 to accommodate higher purchases of the M-Akiba product launched on Thursday.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Viewpoint: We Need a Software Revolution for the Greater Social Good
Silicon Valley is well aware of the gap between delivering profits to shareholders and providing social good to the world. It’s that awareness that led to robust corporate social responsibility (CSR) programs, steep nonprofit discounts on otherwise expensive software, Salesforce’s 1/1/1 model and many software billionaires committing their fortunes to social efforts through the Giving Pledge. These efforts have been a boon to the social sector.
- Categories
- Technology
-
Sanofi exec fires back amid fight over Zika vaccine license
After taking a beating over a proposed Zika vaccine license from the U.S. Army, Sanofi is hitting back. R&D chief Elias Zerhouni wrote a letter to New York Times editors stating that Senator Bernie Sanders, who recently lambasted the proposal, “doesn’t seem to recognize” the importance of public-private partnerships.
- Categories
- Health Care
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.