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Study finds microfinance can help, even if goals aren’t met
"We can't just think about what the projects are doing for people but should also examine what people do for projects," Beck said. "We need to look at how policies get transformed on the ground."
- Categories
- Financial Inclusion
- Region
- Latin America
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One Million Colombians Entered the Formal Financial System for the First Time in 2016
Of those who were added to that total last year, more than half were women and more than 70% were between the ages of 18 and 40.
- Categories
- Financial Inclusion
- Region
- Latin America
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Inter-American Development Bank Grants Colombia $450 Million USD Loan for Financial System Reforms
According to the IDB, the proposed reforms will aim to solidify macroeconomic stability, boost development, encourage public/private partnership financing, strengthen regulation of the financial system, promote financial inclusion, and heighten the country’s ability to monitor progress in these areas.
- Categories
- Financial Inclusion
- Region
- Latin America
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As Colombia’s FARC disarms, rebels enlisted to fight deforestation
Colombia is home to a swathe of rainforest roughly the size of Germany and England combined. It is in war-torn areas like Caqueta where deforestation is on the rise following the FARC demobilisation, and where Colombia - in partnership with Norway - is focusing efforts to halt forest loss with a scheme that offers former fighters training and jobs as forest guardians. As FARC fighters abandon their jungle strongholds, once no-go conflict areas are opening up for business.
- Categories
- Environment
- Region
- Latin America
- Tags
- Colombia, environment, forestry, rainforest
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UPS opens 76,000-square-foot healthcare-logistics facility near Bogota, Colombia
The multi-client facility features temperature-sensitive storage and technology that Francisco Ricaurte, UPS Colombia country manager said would, “lower costs, streamline inventory and meet increasing demands across Latin America and the world.”
- Categories
- Health Care
- Region
- Latin America
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Brazil’s fintech boom offers new vertical opportunities for investors
In Latin America and Brazil, a lack of banking services has created a boom for entrepreneurs and investors seeking to build lucrative fintech innovators there. While 85 percent of Brazilians now live in cities, 40 percent remain excluded from traditional banking systems, according to São Paulo-based Itaú Unibanco, the largest private bank in Latin America.
- Categories
- Financial Inclusion, Investing, Technology
- Region
- Latin America
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Jamaican government puts forward National Financial Inclusion Strategy
The Government has crafted a National Financial Inclusion Strategy (NFIS), which aims to improve the country’s financial system by 2020. The goal of the NFIS is to create the conditions in which Jamaicans, particularly those who were previously underserved by the domestic financial system, are able to save safely and build up resilience against financial shocks, and firms are able to invest, grow and generate greater levels of wealth.
- Categories
- Environment, Financial Inclusion
- Region
- Latin America
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Can Red Bull Make Social Entrepreneurship An Extreme Sport?
As a college student in Johannesburg, South Africa, Thato Kgatlhanye, thought up a clever product to improve both the environment and the lives of school-age children living in the struggling, largely rural communities that surrounded her: a backpack made of recycled plastic bags with a solar-charged light attached. The bag itself would reduce waste and trash heaps in the region. At night, the light could act like a lantern allowing kids without electricity to continue studying after dark.
- Categories
- Entrepreneurship
- Region
- Latin America
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