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Indian MFI group to refuse loans to defaulters of any member firm
A lobby group of microlenders on Tuesday decided to disallow loans for new applicants who have previously defaulted on repaying any other lender.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Why most healthcare start-ups are bleeding
Not many digital healthcare start-up has achieved break-even mainly because of the absence of ‘assisted e-commerce’ in an industry driven mostly by doctors, pharmaceutical companies and their associations.
- Categories
- Health Care, Technology
- Region
- South Asia
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Has the Indian Government’s Microloan Scheme Been Successful?
The government’s micro loan scheme, going by the moniker Pradhan Mantri Mudra Yojana, has disbursed Rs1.53 trillion worth of loans so far in 2016-17, which represents a 15.04% growth from the previous fiscal year. Recall that in fiscal year 2016 (FY16), when the scheme was first implemented, disbursements had exceeded the target specified by that year’s budget.
- Categories
- Uncategorized
- Region
- South Asia
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Indian Entrepreneurs Compete in the Inclusion Plus Final Round
Artoo, Badhti Bachat of Janalakshmi, Shram Sarathi, Suvidhaa Nanocredit and Swadhaar Saathi have been selected as finalists in the third wave of Inclusion Plus, a global competition, managed by Verb, Inc., for entrepreneurs to accelerate financial inclusion.
- Categories
- Uncategorized
- Region
- South Asia
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Raj Panjabi Named Recipient of 2017 Skoll Award for Social Entrepreneurship
Having just been named among Fortune magazine's "World's 50 Greatest Leaders," Dr. Raj Panjabi, an Indian American social entrepreneur originally from Liberia, was named the recipient of a 2017 Skoll Award for Social Entrepreneurship.
- Categories
- Uncategorized
- Region
- South Asia
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India’s Fortis Healthcare said to mull buyout of Singapore-listed RHT Health Trust
Fortis Healthcare Ltd, India's second-largest private hospital chain by market value, is weighing a buyout of the Singapore-listed business trust that owns some of its clinics, people with knowledge of the matter said.
- Categories
- Health Care, Investing
- Region
- South Asia
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Don’t call her start-up a social enterprise
Just don't call it a social enterprise. It makes Woomentum founder Mouna Aouri, 42, "boil internally".
- Categories
- Uncategorized
- Region
- South Asia
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Cambodian MFIs relax stance on rates cap
Microfinance institutions will not object to an 18 percent cap on interest rates which comes into effect on April 1, a senior official from the Cambodia Microfinance Association said. Association president Hout Ieng Tong said yesterday they would not seek a rise in the rate because the government had considered the issue thoroughly before ordering the cap.
- Categories
- Uncategorized
- Region
- South Asia
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