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Press Release: Acumen Launches Expansion to Tackle Poverty in Latin America
Acumen announced today its expansion to support social entrepreneurship in Latin America. The pioneer in impact investing will be headquartered in Bogotá and will invest in innovative entrepreneurs and enterprises in Colombia and Peru to drive faster, sustainable solutions to poverty and create new paths forward to tackle economic inequality. While extreme poverty in Latin America has declined by half, more than 80 million people still live on $4 a day and more than 200 million are at risk of being pulled back into poverty by economic instability and climate change.
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- Uncategorized
- Region
- Latin America
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Bitcoin, Mobile Payments Share Some Consumer Adoption Problems
This all sounded very familiar. Last week, Networld Media Group hosted its first Virtual Currency Today Summit in Boston. Bitcoin enthusiasts filled a room at the Back Bay Hilton with a lot of gusto for the virtual currency's future, specifically the potential for the blockchain technology.
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- Uncategorized
- Tags
- digital payments
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Total of $125,000 USD Awarded to Two Local Companies for Financial Technology Business Solutions
Village Capital and Accion Venture Lab announced the winners of their program, Village Capital-Accion Venture Lab: FinTech Mexico 2015. The program partnered with theMasterCard Center for Inclusive Growth, Pomona Impact, and United IT Consultants, Inc. to support entrepreneurs making financial services more affordable and accessible for Mexicans who lack access to traditional financial services (“underbanked”).
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- Technology
- Region
- Latin America
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How Facebook Is Changing Internet.org to Make it More Inclusive
Internet.org, Facebook’s marquee program to bring people in developing countries online, first came to India in February. Facebook partnered with Reliance Communications to provide almost 40 websites and services free to users — everything from news and weather information to travel sites like Cleartrip. It also included free access to Facebook and Facebook Messenger.
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- Technology
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Press Release: Microfinance Leaders Offer Model Law Resource for Financial Consumer Protection
The Microfinance CEO Working Group has published Client Protection Principles: Model Law and Commentary for Financial Consumer Protection. This Model Law provides a framework of suggested legislation for financial consumer protection in the microfinance and broader financial inclusion industry.
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- Uncategorized
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Priority Status for Solar Power Will Aid Smaller Players
The Reserve Bank of India (RBI) recently revised its priority sector lending (PSL) guidelines. Now medium enterprises, social infrastructure and renewable energy (RE) will form part of priority sector, in addition to the existing categories. This has brought excitement to the stake-holders.
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- Energy
- Region
- South Asia
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- lending, renewable energy, solar
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Goodbye, Kerosene: How Solar Could Transform Africa
Africa is in the midst of a technological revolution, and it's increasingly solar powered.
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- Energy
- Region
- Sub-Saharan Africa
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The Global Health Supply Chain Program, the Largest-Ever USAID Award, Is Under Protest
A partnership of government contractors including John Snow, Inc. is protesting the U.S. Agency for International Development’s decision to award its largest-ever contract to a group led by development consulting firm Chemonics International.
- Categories
- Health Care