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Microfinance, Health Care Institutions Partner to Improve Maternal Health for 800,000 Women in the Philippines
CARD Mutually Reinforcing Institutions (CARD MRI), the Microcredit Summit Campaign, and Freedom from Hunger announced that under the “Healthy Mothers, Healthy Babies” program, some 800,000 women have received maternal health education in the past 5 months and 3600 women have received healthcare in the past 12 months. The project aims to improve maternal health alongside their microfinance services in the Philippines, accelerating achievement of UN Millennium Development Goal 5.
- Categories
- Education, Health Care
- Region
- Asia Pacific
- Tags
- microfinance
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Three Finalists for the 6th European Microfinance Award Announced
On Tuesday 22nd September, the Selection Committee for the 6th European Microfinance Award on Microfinance in Post-disaster, Post-conflict Areas & Fragile States, composed of members of the European Microfinance Platform (e-MFP) and Inclusive Finance Network Luxembourg (InFiNe.lu),) selected the three finalists who will go on to compete for the €100,000 prize. These three organisations are Crédit Rural de Guinée from Guinea, The First Microfinance Institution from Syria and Taytay Sa Kauswagan Inc. from the Philippines. The winner will be announced by the President of the High Jury Her Royal Highness The Grand Duchess of Luxembourg on November 19th, at a ceremony hosted at the European Investment Bank in Luxembourg, during the annual European Microfinance Week.
- Categories
- Uncategorized
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Report: Equity Crowdfunding Platforms ‘Crowding Out’ Banks, VCs & Angel Investors in the U.K.
Equity crowdfunding platforms are “crowding out” banks, venture capitalists and business angels in the UK, suggests a new paper published by researchers from the University of St Andrews and the University of Stirling. St. Andrews explains that UK startups are “embracing the £146 million Crowdcube economy.” Crowdcube may be the largest investment platform but other sites like Seedrs and SyndicateRoom are playing a significant role in this financial transition. The paper builds upon existing research in the space including, Mollick’s, Cambridge University and more.
- Categories
- Investing
- Region
- Europe & Eurasia
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How MasterCard Aims to Transform Aid Distribution
Humanitarian organizations are increasingly asked to provide aid in a climate of political and economic unrest.
- Tags
- philanthropy
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Microfinance and Payday Loans: How Paytm’s Payment Bank Will Be ‘Different’
"There's so much scope for digital payments, and there are enough unbanked even in the city, that you can tap into with only a little effort," says Nitin Misra, who heads Paytm's payment product pipeline. "We can offer a lot to the unbanked and the underbanked, and for the small percentage of the population that is actually fully banked, we offer safety and convenience."
- Categories
- Uncategorized
- Region
- South Asia
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Can This New Trend Change the Way We Access Healthcare?
A recent report by the World Health Organization (WHO) estimated that nearly 100 million people are “pushed into poverty” trying to access basic health care services. The crisis has forced 80 countries to ask the WHO for technical assistance to shift toward Universal Health Coverage (UHC). Since governments are struggling to provide basic health services, and private health care providers remain too expensive to access, citizens in the developing world are caught in a financial trap. However, a new movement in health care innovation is now challenging the status quo.
- Categories
- Health Care
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Small Finance Banks Will Shift Focus of Microlending Away From Dedicated MFIs, Says Domestic Rating Agency in India
Small Finance Banks (SFBs) will shift the focus of the microlending business away from the dedicated micro finance institutions (MFIs), domestic rating agency India Ratings said today.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Without Tackling Substandard Medicines, Health Goals Will Falter
Victoria Amponsah was worried when she entered a clinic in Accra, Ghana, to deliver her son — she was especially distrustful of the quality of medicines at the clinic. She had heard stories and seen firsthand many other women from her village enter the clinic to give birth and not come out.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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