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Muhammad Yunus, IIM-A Set to Float Rs 50 Crore Fund to Seed Social Business
MUMBAI: Professor Muhammad Yunus, the father of microfinance and chairman of the Yunus Centre in Bangladesh, has finally found a taker for his brand of social businesses in India. He is joining hands with the Indian Institute of Management, Ahmedabad (IIM-A) to float a Rs 50-crore fund to seed social ventures.
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- Uncategorized
- Region
- South Asia
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Indian MFIs Have Deviated From Idea of Micro Credit: Muhammad Yunus
Microfinance institutions in India have deviated from the idea of micro credit, Professor Muhammad Yunus, chairman of Yunus Centre and pioneer of micro-credit, has said."They (MFIs) moved away from the idea of micro credit. That has created all the problems," said Yunus, in a media brefing in Mumbai. "MFIs based in Andhra Pradesh have drifted from their mission.
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- Uncategorized
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- South Asia
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Community Workers Help to Bridge Treatment Gap in Mental Health
Training lay people can play a crucial role in helping to deliver effective care for depression and anxiety in resource-poor, primary healthcare settings
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- Health Care
- Region
- South Asia
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Social Innovators Seek to Balance Economic Sustainability and Impact
Bridging the digital-divide in India has long been a cherished dream. While much is yet to happen, IT industry body Nasscom has taken initial steps to identify business models that can change the access of technology at the bottom of the pyramid.This year too, Nasscom presented awards to six businesses that are trying to bring social innovation. The awards showcase the impact and learnings from the ideas of winners that have gained shape, acceptance and success.
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- Education, Health Care, Impact Assessment
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- South Asia
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Vikram Gandhi Sets Up Own Investment Bank
It will handle domestic and cross-border deals and advise high networth individuals and global institutional investors such as pension funds and sovereign wealth funds (SWFs) which are looking to increase their allocation to India
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- Uncategorized
- Region
- South Asia
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Microfinance Project Helping Low Income Group In Singapore
An innovative MicroCredit Business Scheme (MCBS) has been launched in Singapore to help people from low-income backgrounds create a sustainable income by establishing or expanding their small businesses. The project is a pioneering initiative in Singapore that is being implement as a collaboration between POSBank (POSB), Tote Board, and the Social Enterprise Hub.
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- Uncategorized
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- South Asia
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Brac Programme Lifting ‘Ultra-poor’ Out of Poverty in Bangladesh
The Bangladesh Rural Advancement Committee is helping communities escape extreme poverty by providing individuals with livestock and a monthly payment for two years
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- Education
- Region
- South Asia
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Students Learn a Trade in Afghanistan Hotspot
Mercy Corps is working in southern Afghanistan to connect craftsmen with their countrymen and women so they can make a living and better their lives.
- Categories
- Education, Impact Assessment
- Region
- South Asia
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