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Meet the Man Who Is on a Mission to Make India Open Defecation-Free With His IoT-Enabled Toilets
Founded in 2015, Faridabad-based social enterprise GARV Toilets has designed and installed over 700 public toilets across India. The design is integrated with solar panels, battery packs, auto flush, and floor cleaning technology.
- Categories
- WASH
- Region
- South Asia
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Press Release: Calvert Impact Capital Passes $500 Million Milestone in Distribution of Community Investment Notes™ via Incapital Network
"Incapital's distribution network has been instrumental in helping us grow our business and in increasing access to investments that deliver deep impact as well as a financial return," said Calvert Impact Capital President and CEO Jenn Pryce. "Channels like Incapital's are essential for moving money at the scale we need to achieve the UN Sustainable Development Goals."
- Categories
- Investing
- Tags
- impact investing, SDGs
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He Revolutionized How Millions of People Spend Money in India. His Next Target: America
In India, Paytm is best known as a one-stop shop for digital payments. You can use it to send money to a friend, like Venmo, or to pay for anything from bus tickets to utility bills using your smartphone.
- Categories
- Finance
- Region
- South Asia
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Kenya’s Twiga Foods Eyes West Africa After $30M Raise Led by Goldman
Twiga will use the funds to set up a distribution center in Nairobi and deepen its conversion to offering supply chain services for both agricultural and FMCG products.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- supply chains
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EY Fintech Adoption Index: China Tops the List, Japan is Buried at the Bottom. Where Does Your Country Rank?
As smartphones and internet access have become increasingly ubiquitous, digital financial services are soon to appear.
- Categories
- Finance
- Tags
- digital finance, fintech
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Indonesia issues world’s first blockchain sukuk
Indonesian Islamic microfinance cooperative BMT Bina Ummah has raised 710 million rupiah ($50,000) through the world's first primary sukuk issuance on a public blockchain and also the world's first micro sukuk.
- Categories
- Finance
- Region
- South Asia
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Citi, OPIC and Ford Foundation Launch Scaling Enterprise, a $100MM Financing Partnership to Support Social Enterprises
Citi Inclusive Finance, the Overseas Private Investment Corporation (OPIC) and the Ford Foundation today introduced Scaling Enterprise, a $100 million loan guarantee facility, which will enable Citi to provide early-stage financing in local currency to companies that expand access to products and services for low-income communities in emerging markets. The announcement was made at the 2019 SOCAP Conference.
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Viewpoint: 2019 Nobel* prize reveals the poverty of economics
The three new Laureates deserve the prize in economics in memory of Alfred Nobel. But the award shows how poor the modern economics discipline is in terms of gender equality, research methods, self-examination, and genuine insight into the lives of the poor.
- Categories
- Education, Impact Assessment
