-
SEEP Network, The MasterCard Foundation Launch $7.6 Million Partnership to Strengthen Sub-Saharan Africa Microfinance Groups
The SEEP Network and The MasterCard Foundation are launching a new $7.6 million, four-year partnership to strengthen and develop the capacity of microfinance industry associations in Sub-Saharan Africa. As microfinance scales and commercializes in Africa, there is an opportunity to support greater consumer protection and financial transparency within the industry.
- Region
- Sub-Saharan Africa
-
Calvert Foundation: New Research Shows $650 billion Potential for Sustainable and Impact Investing
Calvert Foundation is pleased to announce the launch of a new report showing that an overwhelming majority of financial advisors believe that sustainable and impact investments represent an opportunity to grow their practice. These advisors are willing to recommend sustainable investments to roughly one-third of their clients and would allocate 10 – 20% of those portfolios to these products, which means that on average U.S. advisors are willing to place 2.5% of their total assets under management in sustainable investments for a market potential of $650 billion.
-
Calvert Foundation: New Research Shows $650 billion Potential for Sustainable and Impact Investing
Calvert Foundation is pleased to announce the launch of a new report showing that an overwhelming majority of financial advisors believe that sustainable and impact investments represent an opportunity to grow their practice. These advisors are willing to recommend sustainable investments to roughly one-third of their clients and would allocate 10 – 20% of those portfolios to these products, which means that on average U.S. advisors are willing to place 2.5% of their total assets under management in sustainable investments for a market potential of $650 billion.
-
VisionSpring Sells Its One Millionth Pair Of Eyeglasses In The Developing World
For many in the developing world, the lack of access to affordable eyeglasses leads to the unnecessary loss of educational and employment opportunities. VisionSpring works to ensure that everyone in the developing world has access to eyeglasses. Founded in 2001, by Dr. Jordan Kassalow, VisionSpring has developed proprietary distribution channels in India and El Salvador to deliver high-quality, affordable eyeglasses and comprehensive eye care to the Base of the Pyramid (BoP) consumer.
- Categories
- Uncategorized
- Region
- Latin America
-
BRAC eyes fully self-funded by 2021
Dhaka, June 5 (bdnews24.com)—BRAC says it is 'gradually' lessening dependency on foreign donations in an effort to be a self-financed organisation by 2021. "Even in 1990 we depended 100 percent on foreign donations, but in 2011 it was only 30 percent," Executive Director Dr Mahbub Hossain said while unveiling the 2011 annual report of the largest Bangladeshi NGO.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
-
Morgan Stanley offers impact investing for masses
By launching your Investing with Impact Platform, you can change the world — literally.
- Categories
- Uncategorized
- Tags
- impact investing
-
Virtual City gets Sh135m loan from US social fund
Virtual City, a local software development firm, has received a Sh135 million ($1.5 million) convertible loan from Acumen Fund for the development of a mobile-based agricultural application to help small-scale farmers market their produce.The investment represents the latest capital inflows from international investors in the local information technology sector, which is emerging as a key target for venture capitalist firms.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
-
How The Future of Mobile Lies in the Developing World
In less than three decades, the mobile phone has gone from being a status symbol to being a ubiquitous technology that facilitates almost every interaction in our daily lives. One month after the world’s population topped 7 billion in October 2011, the GSM Association announced that mobile SIM cards had reached 6 billion. A 2009 study in India illustrated that every 10 percent increase in mobile penetration leads to a 1.2 percent increase in GDP.
- Categories
- Technology
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.