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Full Financial Inclusion Possible by 2020
The Center for Financial Inclusion "Mapping the Invisible Market" project revealed that the majority of the financially excluded live in just six countries: Brazil, China, India, Indonesia, Nigeria and Pakistan.
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Gate Global Impact Partners With U.N. To Capitalize Social Entrepreneurs
Gate Global Impact announced at the recent United Nations Global Compact Leaders Summit a plan to feature select companies from the U.N.’s soon-to-be-launched Social Enterprise Action Hub on the Gate Global Impact GATEWAY Platform, a crowdfunding platform for social entrepreneurs to pitch impact investors.
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- impact investing
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The Bangladesh poor selling organs to pay debts
Millions of rural Bangladeshis, grow up facing a life of hardship. In an attempt to alleviate poverty, countless numbers take on debt with microcredit lenders, only to find themselves in a difficult situation when they are unable to repay the loan.
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- Uncategorized
- Region
- Asia Pacific
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- microfinance
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Microinsurance in Africa grows by 200%, says report
More than 44 million Africans use microinsurance products as tools to manage the risks they are exposed to, a study on the Landscape of Microinsurance in Africa last year has shown.
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- Uncategorized
- Region
- Sub-Saharan Africa
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In Indonesia, Mobile banking becomes a source of local banks’ revenue
With the sharp increase in the use of smartphones, mobile banking has become an important source of income for Indonesian banks that are now expanding fee-based services to boost their profits.
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- Uncategorized
- Region
- Asia Pacific
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MetLife Foundation Commits $200 Million over Five Years to Global Campaign for Financial Inclusion
MetLife Foundation's New Vision Will Bring Affordable Financial Services to Underserved People Worldwide
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Developing the Microfinance Movement for Smallholder Farmers
Although the agriculture sector is continually developing new technologies and strategies to help farmers grow more food, smallholder farm families lack the capital to invest in improved seed, fertilizer, and training.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- microfinance
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Bill set to open up Zimbabwe’s micro insurance sector
The insurance sector is set to have more players following the introduction of the Micro Insurance Bill which will allow new and small-to-medium players who cannot meet high capitalization requirements to participate in the sector, a senior industry official said.
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- Uncategorized
- Region
- Sub-Saharan Africa