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BoP Boom in Japan Part I
The year 2009 was referred to as “The first year of BoP in Japan”. Not only did the Japanese translation of the late Prof. Prahalad’s “The Fortune at the Bottom of the Pyramid” received much attention, BoP market analyzation that focused on emerging markets in Asia and African countries gained wide recognition too.
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- Asia Pacific
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Microfinance Experience in PHL Shows the Poor Can Be Insured
The Philippine success in extending microfinance credit to the poor shows that this sector at and below the poverty threshold could also become worthy of insurance coverage, the Insurance Commission here said.
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- Asia Pacific
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Economists Demonstrate One Size Does Not Fit All for Microfinance Programs
New Study Reveals Wide Variance in Results from Thai Million Baht Village FundLarge-scale microfinance programs are widely used as a tool to fight poverty in developing countries, but a recent study from the Consortium on Financial Systems and Poverty suggests that they can have varying results for participants and may be the most cost-effective use of funds only in limited situations.
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- Asia Pacific
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Facebook-style Microcredit Site Helps China Farmers
BEIJING: Dairy farmer Deligeerma needs 642 to buy fodder for her cows during the harsh winter months in northern China. So far, she has received 149 in pledges from four people around the world.
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- Agriculture
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- Asia Pacific
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IFC To Start $100M Microfinance Debt Fund
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, along with two other investors, will set up a $100 million debt fund called Micro Finance Initiative for Asia (MIFA), to address the funding needs of microfinance institutions in developing and underdeveloped economies.
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ADB Plans to Invest $100M in Environment Fund
The Asian Development Bank is expected to invest about $100 million in a multinational fund that will be put up to boost investments in environment-related technologies and projects in developing countries like the Philippines.
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- Energy, Technology
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- Asia Pacific
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Alliance Pushes Social Entrepreneurship Bill
An alliance of farmers, workers, community enterprises, business associations and fair trade groups is pushing for the approval of a measure designed to institutionalize social entrepreneurship (SE) nationwide.
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IFC Stakes 18.9% Equity in ACCION
ACCION International, parent company of Accion Nigeria and a pioneer in global microfinance, has signed an agreement with IFC, a member of the World Bank Group focused exclusively on the private sector, in which IFC will invest approximately $1 million in ACCION’s Chinese affiliate, ACCION Microfinance China (AMC). The investment will enable ACCION to strengthen the operations of AMC, which it launched in December 2009 in Chifeng Prefecture, Inner Mongolia, to deliver financial serv...
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- Asia Pacific