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Microloan approvals done in 7 minutes, not 7 days in India
Bharat Financial Inclusion, India's second-largest microfinance company, has linked its credit systems to the national database to speed up cheaper financing to those at the margins.
- Categories
- Technology
- Region
- South Asia
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Impact businesses in India are attracting investments with healthy returns
Businesses that tap a large number of customers in the lower-income bracket and are established with a clear social objective are increasingly becoming an attractive asset class in India, as they are globally. In India, while rural micro-credit, and then urban microfinance, saw growth and success over the last two decades, these businesses are now coming to the fore in a growing number of verticals and catching serious investor interest.
- Categories
- Investing
- Region
- South Asia
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A Highly Preventable Disease With a Vaccine Is Silently Killing Indian Women in Their Prime
A cancer with an effective vaccine is killing thousands of women. Last year, nearly 70,000 Indians died of cervical cancer, more than anywhere else in the world. It’s the second-most common cancer among women in the country, accounting for 23% of all cases. It’s a hidden disease, often taking 20 years to show itself.
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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Report: Education, employable skills top CSR spends among Indian IT, financial services companies
A majority of information technology (IT) and financial service sector companies in India are investing in education and employable skills, when it comes to the mandatory spend on corporate social responsibility (CSR), says a report by Nasscom Foundation.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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National Payments Corporation of India begins pilot project to digitize transactions in microfinance sector
Under the project, RBL Bank will disburse loans and HDFC Bank will receive loan repayments for the transactions of Svatantra Microfinance using Aadhaar and USSD based facilities.
- Categories
- Technology
- Region
- South Asia
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How to Transform Sanitation Access for Women and Girls in Vietnam
In rural Vietnam, 30% of families lack access to sanitation facilities that meet basic hygiene standards. The lack of access to sanitation disproportionately affects women and girls, who face numerous adverse health effects and safety risks as a result. To address this issue, PSI Vietnam, with support from philanthropist Camilla Hagen Sørli and the Maverick Collective, is working to build a sustainable sanitation market that will increase access to toilets for women and girls in rural areas.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Bharat Financial begins Aadhaar-based cashless loan disbursal in India
In a first of its kind move in the micro-finance and financial-inclusion space, Bharat Financial Inclusion on Wednesday launched Aadhaar-based instant and cashless loan disbursal. It took less than seven minutes for 30-year-old Guddi Devi to apply and receive ₹29,565 loan for a new grocery shop she intends to set up.
- Categories
- Technology
- Region
- South Asia
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A highly preventable disease with a vaccine is silently killing Indian women in their prime
A cancer with an effective vaccine is killing thousands of women. Last year, nearly 70,000 Indians died of cervical cancer, more than anywhere else in the world. It’s the second-most common cancer among women in the country, accounting for 23% of all cases. It’s a hidden disease, often taking 20 years to show itself.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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