Asia Pacific.

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  • Micro Credit Providing a Lifeline

    Small-business owners are becoming more reliant on non-governmental organizations to provide capital. Chen Jia reports from Shaanxi province. Chinese farmers finding it hard to obtain bank loans are turning to micro-credit organizations to help them launch their own businesses, amid the accelerated expansion of the non-governmental financial system. With savings of only 1,000 yuan ($157) and no other income five years ago, Li Wenqin, a farmer in her 50s, never thought that she wou...

    Source
    China Daily (link opens in a new window)
    Region
    Asia Pacific
  • Wealthy Indonesians Start Sharing the Wealth

    There are few places in the word where such vast contrasts exist that one can watch a Bentley overtaking a bajaj on city streets, an act that symbolizes the scale of economic inequality throughout the country. However, several determined Indonesians are aiming to take matters into their own hands as a means to provide greater opportunities to those who are less fortunate. Sandiaga Uno, a successful investor and CEO of Saratoga Capital, has found a unique way to link hi...

    Source
    The Jakarta Post (link opens in a new window)
    Categories
    Agriculture
    Region
    Asia Pacific
    Tags
    agribusiness
  • Cambodia: A Place for Pioneer Investors

    Phnom Penh, Cambodia (CNN) - The most common image of Cambodia is the land of ancient temples and budget travelers. There’s now something else putting Cambodia on the map: foreign investors. Cambodia’s devastating recent history set the country back a generation. From 1975-78, the Communist Khmer Rouge killed intellectuals, destroyed the education system and pushed for an agrarian society that required families to be uprooted and separated. By the end of t...

    Source
    CNN (link opens in a new window)
    Categories
    Education
    Region
    Asia Pacific
    Tags
    Citi Foundation, leadership
  • Thriving Social Enterprise Empowers Rural Poor in Philippines

    Gandang Kalikasan, Inc. of Philippines has emerged as one of the sterling examples of how social enterprises can make a difference while being profitable at the same time. GKI is a unique social enterprise that was established four years ago by two sisters in Philippines, Anna Meloto-Wilk and Camille Meloto. It is now making a meaningful difference to the lives of thousands of rural poor in Philippines, while running an internationally successful business. Sisters Anna Meloto-Wil...

    Source
    Justmeans (link opens in a new window)
    Region
    Asia Pacific
  • Citi Increases its Microfinance Work Across the Region

    While most banks across Asia seem to be focusing on the high-net-worth market in Asia, some are also concentrating on the promising mass market. Most view licences in China as an opportunity to capitalise on the China Dream; others see microfinance as a means to build long-standing relationships across the region. According to the India Development Foundation, nearly 9 million Indian households that had access to microfinance moved above the $1.25 a day consumption threshold between 199...

    Source
    FinanceAsia (link opens in a new window)
    Region
    Asia Pacific
    Tags
    supply chains
  • Citi Gives New Funds to Microfinance Group

    Citi has committed new funding for the Banking with the Poor Network (BWTP), the only pan-Asia microfinance network, as part of its continued commitment to promoting financial inclusion globally. Citi Foundation grants worth USD200,000 will enable the BWTP Network to provide secretariat services to the APEC Business Advisory Council’s Advisory Group on Financial Inclusion and also build its capacity to support BWTP members consisting of microfinance institutions, commercial banks, c...

    Source
    The Asset (link opens in a new window)
    Region
    Asia Pacific
    Tags
    supply chains
  • Show Me Your Pricing Data: Transparency Helps Philippines Lead Global Microfinance

    "The Philippines receives a perfect score...for the way it regulates the microcredit activities of established financial institutions." -- Economist Intelligence Unit,"Global Microscope on the Microfinance Business Environment" [1] The microfinance industry has taken a beating lately. In March, Nobel Prize winner Muhammad Yunnus was ousted from his position as managing director of the microcredit lender Grameen Bank in Bangladesh, which he founded in 1983, by the ...

    Source
    Justmeans (link opens in a new window)
    Categories
    Uncategorized
    Region
    Asia Pacific
    Tags
    financial inclusion
  • USD 7.7 Mn Japanese Aid for Nepal to Fight Poverty

    Kathmandu: Japan has granted USD 7.7 million to help Nepal reduce poverty and child malnutrition. The Japan Fund for Poverty Reduction has granted the amount for three projects which will be administered by the Asian Development Bank (ADB). The ADB has teamed up with the government of Japan and government of Nepal to help reduce child malnutrition, develop new livelihood opportunity for the poor and provide greater access to clean energy for poor rural woman through ...

    Source
    ZeeNews.com (link opens in a new window)
    Region
    Asia Pacific
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