-
Malaysian Social Enterprise Teaches the Needy How to Be Entrepreneurs Despite COVID-19 Pandemic
PSC is a Malaysian social enterprise that aims to equalise financial capacity for marginalised communities, with the hopes of enabling them to have better livelihoods and teams up with welfare departments and NGOs to identify participants.
- Categories
- Coronavirus
- Region
- Asia Pacific
-
Gates Foundation’s Efforts to Fight Coronavirus, Explained
The Gates Foundation has emerged as a leader in the coronavirus response.
- Categories
- Coronavirus
- Region
- North America
-
Press Release: MIT Solve Announces Over $1.5 Million in Funding for 2020 Solver Teams
Solve is seeking solutions to critical Global Challenges, including Health Security & Pandemics; innovators should apply by June 18, 2020.
- Categories
- Coronavirus, Health Care, Technology
-
‘We’re Abandoned to Our Own Fate’: Coronavirus Menaces Brazil’s Favelas
As of Thursday, Brazil had 22,169 confirmed Covid-19 cases and 1,123 deaths, although underreporting means numbers are likely tp be much higher. Community leaders, activists and organisers of social projects in favelas in São Paulo, Belém, Rio de Janeiro, Salvador, Manaus, Belo Horizonte and São Luís have been delivering food and hygiene kits to desperate residents as hunger begins to bite.
- Categories
- Coronavirus
- Region
- Latin America
-
Coronavirus Could Spark Demand for E-Wallets, Digital Banks in LatAm
The coronavirus outbreak could drive financial inclusion in Latin America, as governments look for agile partners to distribute state aid and large segments of the informal economy grapple with restricted access to cash.
- Categories
- Coronavirus, Finance
- Region
- Latin America
-
In Africa, COVID-19 Crisis Puts Squeeze on Millions Who Rely on Remittances
Remittances amount to 5% of GDP in at least 13 African countries. For some, like tiny Lesotho, they amount to 23% of its annual income. With stay-at-home orders throwing millions out of work in Western countries, millions of Africans are feeling the pinch.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
-
Viewpoint: Microfinance Industry Most Vulnerable to Lockdown and Moratorium in India
As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity
- Categories
- Coronavirus, Finance
- Region
- South Asia
- Tags
- microfinance
-
Viewpoint: Let’s Give Tech Philanthropists the Benefit of the Doubt on COVID-19
Even as tech philanthropists ramp up their responses to the COVID-19 pandemic though, critics of philanthropy lament the need for philanthropy to fulfill a role that should be played by government. Meanwhile, other commentators criticize it as a power grab.
- Categories
- Coronavirus, Technology
- Tags
- philanthropy