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World Bank to offer transition support of $3.5 billion to India for infrastructure, education initiatives
NEW DELHI: The World Bank will continue its concessional lending meant for poorer countries to India and has also significantly upped the country's single-borrower limit, looking to provide a helping hand to the new government in taking forward its agenda on infrastructure, skilling, river cleaning and tourism.
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- Uncategorized
- Region
- South Asia
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The experimenters strike back in microcredit research
“GIVE a man a fish”, said Bono, an Irish singer turned philanthropist, “he’ll eat for a day. Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime."
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- Uncategorized
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Four in five investors consider sustainability issues – PwC survey
Four in five investors have looked at sustainability issues in one or more investment contexts in the last year, according to research from PwC. However, investors also cited dissatisfaction with current reporting standards.
- Categories
- Education, Environment
- Tags
- impact investing, research
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PRESS RELEASE: Correlation Established Between Mobile Phone Usage and Banking Behavior
Findings are result of WSBI project carried out by Cignifi
- Categories
- Education
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The Smartphone Does It Again: Building Credit Scores For Microentrepreneurs
In 2010, when Shivani Siroya started developing an idea for a new microfinance model, predatory lending practices were changing the way people saw microfinance.
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- Uncategorized
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My Day Without Banks
Lesson one from navigating the archipelago of check cashers, payday lenders, and discount store money desks: it’s expensive to be poor.
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- Uncategorized
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Planting for Profit, and Greater Good
A lemon tree springs from the soil in Jason Aramburu’s backyard in Berkeley, Calif., alongside rose bushes, birds of paradise, strawberry plants and squash blossoms. The garden is thriving, but its upkeep requires almost no effort from Mr. Aramburu. Instead, a foot-high soil sensor does much of the work.
- Categories
- Agriculture
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Acumen Joins Power Africa’s Beyond the Grid as Founding Partner
Acumen is proud to be a founding partner of Beyond the Grid, an innovative framework under President Obama’s Power Africa initiative to increase energy access for underserved populations across sub-Saharan Africa. Beyond the Grid will leverage partnerships with investors and practitioners committing to invest over $1 billion into off-grid and small scale solutions for this underserved market.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
