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Trend: Fintech Startups Providing Capital to SMEs in India
New entrepreneurs and small enterprises, which have typically been locked out of the financial system and ignored by big banks and other financial institutions, have found solace in a breed of new financial technology start-ups.
- Categories
- Technology
- Region
- South Asia
- Tags
- lending
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The Challenges of Cleaning Up Cooking
Khushboo Kushwaha has a few years before she will have to squat in front of a filthy, smoking open stove three times a day to cook meals for her family, as her older sister and cousins do now.
- Categories
- Energy, Environment
- Region
- South Asia
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Facebook Brings Its Internet.org Innovation Challenge to Africa
Facebook is launching the Internet.org Innovation Challenge in Africa. According to the company, with the aim of recognising developers and entrepreneurs who are using the internet to improve the standard of education and economic health in their communities. Developers across Africa are invited to enter the challenge.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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After $19M equity round, Kenya’s M-Kopa is set to deliver solar power to a million homes
This month the company closed a $19 million financing round led by Generation Investment Management, and revealed plans to reach one million homes in East Africa by the end of 2017.
- Region
- Sub-Saharan Africa
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New Report Calls for Scale-Up of Financial Services “Pathways” to Help End Extreme Poverty
The Microcredit Summit Campaign released its 17th annual survey of the global microfinance industry December 9th at the Inclusive Finance India Summit held in New Delhi, India. Campaign Director Larry Reed featured the publication, "Mapping Pathways out of Poverty: The State of the Microcredit Summit Campaign Report, 2015," in his presentation on Wednesday to attendees of India’s premier financial inclusion conference.
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- Uncategorized
- Region
- South Asia
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U.S.-Based eClinicalWorks to Invest $30 Million in India
U.S.-based healthcare IT firm eClinicalWorks will invest $30 million as part of its expansion plans for the digital healthcare market in India.
- Categories
- Health Care, Investing, Technology
- Region
- South Asia
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IFC Invests in Postal Savings Bank of China to Promote Financial Inclusion for Underserved
The FINANCIAL -- IFC, a member of the World Bank Group, on December 10 announced an investment in Postal Savings Bank of China (PSBC). The investment will help promote access to finance in a country, which according to World Bank Group data, is home to 12% of the world’s unbanked, some 235 million people, many of whom live in rural areas.
- Categories
- Investing
- Region
- South Asia
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Top 10 Contraceptive Social Marketing Programs
If there was still any doubt about social marketing's ability to make a major contribution to family planning and HIV prevention, those doubts were dispelled in 2014, when 84 social marketing programs in 62 countries delivered 69 million couple years of protection (CYPs), according to the 2014 Contraceptive Social Marketing Statistics just published by DKT International. DKT says these 69 million CYPs represent an estimated 20% of all women using modern contraception in the developing world, excluding China. (A "couple year of protection" is the amount of contraception needed to protect one couple for one year).
- Categories
- Health Care
