-
MMA Convention to Focus on Bottom of the Pyramid
The sixth edition of MMA (Madras Management Association) All India Management Students? convention, which is scheduled to take place on September 21 and 22 will focus on ?Strategies for the bottom of the pyramid?. Chennai, Sept. 19 The sixth edition of MMA (Madras Management Association) All India Management Students? convention, which is scheduled to take place on September 21 and 22 will focus on ?Strategies for the bottom of the pyramid?. Announcing this at a conference on Wednesda...
-
Brazil’s Retail Sales Signal Rise in Spending by Poor
Brazilian families in the impoverished northern states are increasing purchases of consumer goods faster than the national average, signaling government handouts are fueling growth in the region. Sept. 19 (Bloomberg) -- Brazilian families in the impoverished northern states are increasing purchases of consumer goods faster than the national average, signaling government handouts are fueling growth in the region. Retail sales in Maranhao, the poorest state by per capita gross domestic ...
-
A Health Check for Microfinance Banks
A small enterprise trader at the Maasai Market in Nairobi who fits the microfinance bank clientele profile. The MFBs have to consciously evaluate their strengths and plummet into a poor clientele with a wit and will to take risk while operating under commercial business principles. 20-September-2007: Recently, Business Daily ran what would easily be referred to as an excellent piece on Microfinance Banking in Kenya, and generally Africa. Notwithstanding the admiration there is for the...
-
Africa Telecoms Summit to Promote Internet Access
A U.N.-backed Africa communications summit in Rwanda next month will seek to boost high-speed Internet access to match the continent’s explosive growth in mobile phones, officials said Wednesday. UNITED NATIONS, Sept 19 (Reuters Life!) - A U.N.-backed Africa communications summit in Rwanda next month will seek to boost high-speed Internet access to match the continent’s explosive growth in mobile phones, officials said Wednesday. The Oct. 29-30 Connect Africa gathe...
-
India’s Cell-Phone Ride Out of Poverty
Struggling artisans and tradespeople in rural India are finding that mobile phones are their ticket to better sales and better lives Times are good for Ganesh Bicchwe. The festival season in India is around the corner, and in Maheshwar, a hand-loom weaving center in the central India state of Madhya Pradesh, master weaver Bicchwe’s Nokia (NOK ) 3310 mobile phone is ringing busily. A garment store in New Delhi wants 500 scarves?the broad, 3-meter-long, intricately designed, fine cotton ones w...
-
Deutsche Bank Places Micro-Credit Portfolio with Private Investors
Deutsche Bank AG said Wednesday that it has set up an investment portfolio for micro-credit markets, a move aimed at making very small loans available to people in developing countries. FRANKFURT, Germany: Deutsche Bank AG said Wednesday that it has set up an investment portfolio for micro-credit markets, a move aimed at making very small loans available to people in developing countries. The Frankfurt-based bank, Germany’s biggest, said the ?60 million (US$84 million) in bo...
-
Mobile Payments: Macro Hype & Micro Trends
There’s currently a lot of noise in the mobile payments segment. Companies such as Firethorn, mFoundry, even Google recently have garnered considerable attention and coverage. Admittedly I’ve looked at the segment at my personal blog, www.mobilepointview.com, recently with Google Sends SMS Mobile Payments: GPay as well as Mobile Payments: The Tipping Point. I think we need to differentiate and identify what can be labeled as macro forces wher...
-
Beyond the Bottom Line
Oxford Entrepreneurs Are Meant To Consider How to Save the World OXFORD, England -- The main lecture hall at the University of Oxford’s Sa?d Business School isn’t named for a banking tycoon, a high-tech entrepreneur or a big-ticket donor. It honors former South African President Nelson Mandela, a choice many at the school believe is key to understanding Sa?d. It’s a small little tag that stands for something much bigger that we’re about, wh...
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.