Asia Pacific.

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  • 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
  • When Communities Identify Their Own Poor, Aid Has the Most Effect

    When governments and NGOs plan on giving assistance to the most needy, how do they know who needs the most assistance? It’s a question people are at great pains to answer, yet social welfare programs around the world are still plagued by error and abuse. That has not deterred the development of programs to help people escape extreme poverty. But because the poor--especially those earning less than $2 or $3 per day--typically hold informal jobs with no official records about their earnings...

    Source
    Fast Company (link opens in a new window)
    Region
    Asia Pacific
  • East Asia Invests in Basic Sanitation

    A series of reports by the World Bank’s Water and Sanitation Program highlights that households that invest in basic sanitation have a better standard of living and thus could increase up to seven fold the return on investment in economic benefits in East Asia. The reports are a follow up to the Economics of Sanitation Initiative (ESI) launched in East Asian countries in 2007. The new reports contain a case study analysis on the costs and benefits of investing in basic improvements ...

    Source
    Microfinance Focus (link opens in a new window)
    Region
    Asia Pacific
  • Rags2Riches Empowers Impoverished Women to Turn Recycled Scrap into Haute Couture

    Reese Fernandez-Ruiz was teaching children math, science, and reading skills in Payatas--one of the Philippines’ biggest dump sites--when she noticed something: local mothers were making foot rugs out of scrap cloth that was furnished to them by a group of middlemen, who got the cloth directly from a factory and retrieved the finished products to sell. The mothers made a total of 20 cents per day. Before the middlemen came along, the mothers took the scrap cloth directly from the local du...

    Source
    Fast Company (link opens in a new window)
    Region
    Asia Pacific
  • Rural Chinese Shake Off Poverty Through Self-Development

    BEIJING, July 31 (Xinhua) -- On a muggy summer day in Xiuning County of central Anhui Province, Wu Fengfeng still chops wood with a five-kilogram carpenter axe in a workshop of the non-profit Desheng Carpentry School. The 18-year-old boy, who is from a poor rural family in Xiuning, said his only task now is to master the techniques of making the four-sided "immortal eight" table and palace chair -- two types of traditional Chinese furniture -- so that he can "graduate soon and make mone...

    Source
    Xinhua (link opens in a new window)
    Region
    Asia Pacific
  • Bringing Light to the Poor, One Liter at a Time [Video]

    A bottled liter of water with a few teaspoons of bleach is proving to be a successful recipe for dwellers in the light-deprived slums of the Philippines. The simple technology is spreading sunlight in places where it has never been, and saving residents money at the same time. Gemma Haines reports. ...

    Source
    Reuters (link opens in a new window)
    Categories
    Education
    Region
    Asia Pacific
    Tags
    business case
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