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Report: Education, employable skills top CSR spends among Indian IT, financial services companies
A majority of information technology (IT) and financial service sector companies in India are investing in education and employable skills, when it comes to the mandatory spend on corporate social responsibility (CSR), says a report by Nasscom Foundation.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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National Payments Corporation of India begins pilot project to digitize transactions in microfinance sector
Under the project, RBL Bank will disburse loans and HDFC Bank will receive loan repayments for the transactions of Svatantra Microfinance using Aadhaar and USSD based facilities.
- Categories
- Technology
- Region
- South Asia
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How to Transform Sanitation Access for Women and Girls in Vietnam
In rural Vietnam, 30% of families lack access to sanitation facilities that meet basic hygiene standards. The lack of access to sanitation disproportionately affects women and girls, who face numerous adverse health effects and safety risks as a result. To address this issue, PSI Vietnam, with support from philanthropist Camilla Hagen Sørli and the Maverick Collective, is working to build a sustainable sanitation market that will increase access to toilets for women and girls in rural areas.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Working With the Underbanked in the Age of Trump
Last fall, executives at Bee, a mobile financial services company, were having fruitful conversations about working together with municipal agencies and other organizations serving immigrants, people of color and low-wage workers.
- Categories
- Technology
- Region
- North America
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14 Social Entrepreneurs to Improve Maternal & Child Health in Africa
Today, in Nairobi, Kenya, the GE healthymagination Mother and Child Programme will graduate 14 social entrepreneurs who completed training and mentorship aimed at improving and accelerating maternal and/or child health outcomes in sub-Saharan Africa.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Somalia Is a Leader in Mobile Money But Still Wants to Print Its First Cash Notes in 25 Years
The collapse of the Somali government in 1991 saw the rise of unique political, economic and social outfits, all clambering to fill the void of government institutions. One of them was the emergence of a nonconforming monetary system, controlled by warlords and rogue businessmen, who contracted foreign printers and imported counterfeit money. This left the Somali economy in shambles, largely dependent on dollars for trade, and effectively created a freewheeling “economy without state.”
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Brazil’s Creditas Gets $19 Million Amid Boom in Local Fintech Financing
Creditas Soluções Financeiras Ltda, a Brazilian financial technology firm focused on secured consumer loans, has obtained $19 million from investors in a financing round that will allow it to provide borrowers with funds for one-fourth of what they pay to domestic lenders.
- Categories
- Technology
- Region
- Latin America
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Australia initiative aims to help non-profits prepare for impact investment
The Impact Investment Ready initiative, launched Tuesday by Impact Investing Australia and Philanthropy Australia, will support not for profits with Discovery Grants, as well as for-purpose organisations with Growth Grants. Philanthropy Australia’s Chris Wootton, who manages the Discovery Grant arm of the program, said impact investment was a significant opportunity for not-for-profit organisations to secure funding.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing, philanthropy
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