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ICICI, India’s Largest Private Sector Bank, Launches Banking Service on Twitter
ICICI Bank, India’s largest private sector bank, on Monday announced the launch of banking services on Twitter, the first of its kind service, in India.
- Categories
- Uncategorized
- Region
- South Asia
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India Needs Reliable Data on Basic Healthcare
Founder and Chair of L.V. Prasad Eye Institute G.N. Rao is universally known for his contribution to the introduction of quality and affordable eye care in India. Apart from his work in ophthalmology, Dr. Rao is well-known for his innovative ideas on healthcare in general and his efforts to make healthcare affordable.
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- Health Care
- Region
- South Asia
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Banks Are Now Handing Out Loans to People They’d Normally Shun
Before Jeff Stewart could credibly advance the notion that your Facebook friend network could—or even should—help you get a loan, he had to prove the system worked and was reliable. It took a long time. I first met him in 2012, a year after he’d launched Lenddo, pitching it as a new way for people just entering the middle class to qualify for and receive loans. His startup planned to use Facebook data to assess credit risk, and to make loans to well-qualified candidates, starting in the Philippines.
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- Uncategorized
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Villgro Launches Rs 20-Crore Incubation Fund
Impact investment firm Villgro has announced a Rs 20-crore fund targeted at incubating education startups.
- Categories
- Education
- Region
- South Asia
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Grameen Crédit Agricole Microfinance Loans $1.2m to Kenyan Juhudi Kilimo, Uganda Microcredit Foundation (UMF), Uganda’s Encot
The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based provider of financial services to microfinance institutions (MFIs) and other social businesses, recently informed MicroCapital that it has issued the following three loans: (1) EUR 482,000 (USD 555,000) over a two-year period to to Juhudi Kilimo, a for-profit provider of microloans and microinsurance in Kenya; (2) EUR 293,000 (USD 339,000) over a three-year period to Uganda Microcredit Foundation (UMF), a microfinance institution offering financial services to “economically active” Ugandans; and (3) EUR 257,000 (USD 297,000) over a three-year period to Encont, a provider of microloans to rural enterprises in Uganda [1].
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- Uncategorized
- Region
- Sub-Saharan Africa
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- lending, microfinance
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Vanderbilt Professor Named CEO of Social Enterprise Alliance
Social Enterprise Alliance, a national organization of purpose-driven businesses, named Vanderbilt University professor Jim Schorr as its new CEO.
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- Uncategorized
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Social Investor, Social Activists and Social Ventures Talk Back: What’s Happening in MENA?
In analyzing the capital flow for social enterprises, the picture behind this reality around the world adjusts depending on what region you go to. In the western markets such as the U.S. or Europe, capital structures are becoming more inclusive for social enterprises. But what’s happening in regions such as MENA?
- Categories
- Impact Assessment
- Region
- North Africa & Near East
- Tags
- impact investing
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Johnson Gets €100m From Europe’s IMI to Accelerate Ebola Vaccine Development
Johnson & Johnson (JNJ) through a consortium, which includes research institutions and non-government organizations, is set to receive around €100m ($115m) from Europe's Innovative Medicines Initiative (IMI) to speed up the development of its Ebola vaccine regimen.
- Categories
- Education, Health Care
- Region
- Europe & Eurasia
- Tags
- impact investing, research, vaccines
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