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Bangladesh’s Political Turmoil Taking Its Toll on Small, Medium Businesses
The ongoing political turmoil continues to take its toll on the small and medium businesses who have borrowed money from micro finance institutions (MFIs) as the big MFIs have tightened their vigilance fearing the future impact on loan recovery.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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This App Wants You to Borrow Money From Friends, Not Banks
Long ago, your parents probably gave you some advice: never borrow money from a friend. More importantly: never let your friends borrow from you. If the movies have taught us anything, it’s that mixing money and friendship rarely ends in anything other than blood and tears.
- Categories
- Technology
- Tags
- lending
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Hospira Buyout Is a Shot in the Arm for Pfizer’s Biosimilars
US pharma giant Pfizer aims to bolster its sterile injectable capabilities and gain access to biosimilars by buying injectables specialist Hospira. Pfizer anticipates that the $17 billion (£11 billion) deal will result in $800 million in savings by 2018.
- Categories
- Health Care
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Another Inconvenient Truth: Vice Pays
The politically correct and socially sustainable is, though certainly laudable, not particularly profitable. Investors shunning sin stocks manage portfolios that are, on average, significantly less profitable than those possessed by shareholders without similar scruples.
- Categories
- Technology
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‘Swiss Leaks’ Catastrophic for African Economies
Developing countries in Africa have been hit by the full force of the recent Swiss Leaks scandal. The Swiss branch of HSBC bank cost Tanzania, Senegal and the Ivory Coast over 30% of their national health budgets. EurActiv France reports.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health
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Reshaping a Narrative as Canada’s Community Foundations Move Into Impact Investing
After decades of existing primarily to distribute grants, many of Canada’s 191 community foundations have been wading into a new kind of financial activity, impact investing. The shift encompasses exploring deep questions about their reason for being and how they are/should be showing up in the world.
- Categories
- Impact Assessment
- Tags
- impact investing
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Boy Walked Eight Days to Treat Broken Arm
When his eight-year old son Dharmaraj broke his hand while grazing cattle in the remote mountains of Humla, Mansingh Thapa took him to a private clinic in Simkot. It cost Rs 4,500 just to get Dharmaraj’s hand in a cast.??But the pain in the boy’s arm did not subside. Unable to afford a second visit to the clinic, Mansingh packed his belongings, slung Dharmaraj on his shoulders and set off on an eight-day walk to Bayalpata Hospital in Achham district. ?“What could we do? We didn’t have any other choice,” said Mansingh who had heard about Bayalpata from friends who had received free treatment here.
- Categories
- Health Care
- Region
- South Asia
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Impact Investor Global Partnerships Invests in Solar to Connect the Poor With Light
To this day, an estimated 1.3 billion people do not have access to electricity. That is over a billion people who struggle to refrigerate their food and medicine, study at night to further their education, or charge their mobile phones. Electricity is crucial to human well-being and development, and lack of access to it is a huge barrier to overcoming poverty in the developing world.
- Categories
- Energy
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