South Asia.

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  • State Bank of Pakistan: Microfinance Role Vital to Alleviate Poverty

    KARACHI - Governor, State Bank of Pakistan, Salim Raza on Saturday said that microfinance banks/institutions have a key role to play in creating economic opportunities for the poorest sections of the society by broadening their outreach. Delivering a keynote address on “ Economic Empowerment for the Base of the Pyramid “ at the Acumen Community Gathering here, Mr. Raza said that the regulatory role develops infrastructure of service delivery, cross fertilizes from resea...

    Source
    The Nation (link opens in a new window)
    Region
    South Asia
  • Microfinance: Treading a Fine Line Between Financial and Social Objectives

    According to the 2009 Microfinance India State of the Sector (MISS) Report, the microfinance industry’s client outreach has grown by 30% over the last year to 76.6 million and the total outstanding loan portfolio has grown by a staggering 56% to INR 359 Billion over the same period. The growing integration of the sector with the capital markets has led to an influx of funds from various channels and has accelerated the transition of the Indian Microfinance Institutions (MFIs) into mainstr...

    Source
    Wall Street Journal India (link opens in a new window)
    Region
    South Asia
  • Mudra Institute to Sow Power in Gujarat Farmers

    Taking up an initiative to widen the scope of effective communication to the bottom of the pyramid of the Indian economy, the Mudra Institute of Communication Ahmedabad (MICA) has started conducting a research. The research called ’National Agricultural Innovation Project’ (NAIP) is funded by the World Bank. Professor Arbind Sinha and co-principal investigator ...

    Source
    DNA India (link opens in a new window)
    Region
    South Asia
  • Tatas Add More Punch to Mass Push

    “I am excited about Tata Swach because in my native village every house needs a water purifier as the water is contaminated,” says Dharmendra Jha, working in Patna. Jha’s aspiration is tied to the fortunes of the salt-to-software Tata Group, whose Tata Chemicals has priced at a market-beating Rs.749 the purifier that could make a dramatic difference in interior Bihar. “It is going to be a runaway success in rural Bihar as it won’t be consuming electri...

    Source
    Hindustan Times (link opens in a new window)
    Region
    South Asia
  • Why Small Packs Make Sense for FMCG Co’s

    While C.K. Prahalad’s seminal work, The Fortune at the Bottom of the Pyramid, advocated a strategy to look at the lower end of the market, companies till recently did not tap into the low-unit price market segment with aggression. Asked why marketers did not look at a low unit price strategy earlier, Cadbury India’s Managing Director, Mr Anand Kripalu, says that playing a low unit price game requires a change in manufacturing and mindset. It requires different kinds of machines,...

    Source
    Hindu Business Line (link opens in a new window)
    Region
    South Asia
  • Think Small, Gain Big

    The bottom of the pyramid in India is where the next big growth story lies. And Indian companies are waking up to this fact. The latest low-cost offering of high-end durables targeted at households in small-town and rural India is a water purifier from the house of Tatas, which revolutionised the domestic automobile market by rolling out the Nano. The new water purifier blends indigenous and advanced technologies and is priced at below a thousand rupees. Other players in the water purifier bu...

    Source
    Times of India (link opens in a new window)
    Region
    South Asia
  • Solar Power’s Role in Rural India

    Mention solar panels and you might think of people in richer countries installing them, so they can reduce their carbon footprint. But there are good reasons for installing solar technology which are not to do with climate change. For example, in those places where there are no lights in the dark, and no hot water, such as in many parts of the countryside in India, where the electricity grid does not reach. Selco is a social...

    Source
    BBC World Service (link opens in a new window)
    Region
    South Asia
  • Banking Still Miles Away from Jalanga

    Saraswati Das, 32, walks 20 km whenever she has to carry out a banking transaction. The walks have become more frequent of late because membership of the self-help group (SHG) she heads has been growing. Das lives in Jalanga, a small village in Orissa’s Bhadrak district. Government records show Jalanga in the list of areas with 100 per cent financial inclusion. She leads Sri Gobind Anchalika Sangha, a conglomerate of 32 SHGs based at Jalanga, which has a population of 3,360 an...

    Source
    Business Standard (link opens in a new window)
    Region
    South Asia
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