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World Bank president to open 2013 Microcredit Summit
World Bank president Jim Yong Kim will open the 2013 Microcredit Summit: Partnerships against Poverty on October 9 with a recorded statement urging the nearly 800 delegates from 69 countries to commit themselves to the advancement of microfinance to end extreme poverty.
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- Region
- Asia Pacific
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Easing Nigeria’s Banking Gridlock
The past decade of banking in Nigeria has not been for the faint hearted.
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- Region
- Sub-Saharan Africa
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Medanta Opens Its First Telemedicine Centre in Chandigarh
Dr. Naresh Trehan, renowned cardiovascular and cardiothoracic surgeon and Chairman cum Managing Director of Medanta -The Medicity inaugurated the region's first telemedicine consultation facility at Prime Diagnostic Centre in Chandigarh today on the eve of the World Heart Day. Dr. Trehan said that it is a part of Medanta's commitment to leverage technology to provide easily accessible and affordable healthcare to the people in the country and help patients make informed choice for the course of treatment after consultation with super-specialists of Medanta.
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- Health Care, Technology
- Region
- South Asia
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- public health
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Sowing the seeds of social investment in Vietnam
British council initiatives will support the British governments scheme to promote international social investment. Like early stage social enterprises around the world, most social enterprises in Vietnam depend on grants, personal loans and then income to get their businesses up and running. But as they mature and look to the future, they increasingly seek out investment capital.
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MPesa And GCash: Can ‘Lean Regulation’ Be A Gamechanger for Financial Innovation?
The Lean Startup Approach emphasizes scientific experimentation, validated learning, iterative product design, and frequent product releases to gain customer feedback so that entrepreneurs can innovate on observed – rather than on pre-supposed – customer needs. Chris Bishko and Pearl Chan term this trend “Lean Regulation” where regulation is iteratively layered in as the market develops.
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Mobile Payment Startups Face Reluctant Indian Consumers
India has 554 million active cellphone users, yet only four percent use mobile banking. Still, the number of people who are weaning themselves off cash payments is steadily rising.
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New blow for microlenders in South Africa
GRAMEEN bank founder Muhammad Yunus, widely considered the father of modern microcredit, issued a stern warning on Friday about how microlending could become “abusive” and be misused by lenders.
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Financial inclusion: India too may learn from US weather insurance firm ClimateCorp’s model
ClimateCorp is actually a very interesting company which straddles an intersection between technology and retail financial services in an innovative way. Moreover, its approach holds an important lesson for us in India. ClimateCorp is a provider of weather insurance. However, it does so in a retail, online, productised and data-driven way.
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- Agriculture
