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Most people in South Sudan’s capital have been relying on small unlicensed mobile operators to transfer money enabled by the platform created by MTN Uganda and Kenya’s M-Pesa platforms.
South Sudan okays plan to expand mobile money servicesBlog Post
Payday loans have earned a bad reputation as high-interest money traps that leave low-income borrowers stuck in a cycle of debt. But despite all the criticism and bad press, these loans remain very popular among low-income borrowers, with an estimated 15,766 payday loan stores throughout the U.S. – slightly more than the country's 14,350 McDonalds. So are payday loans really that bad – and are borrowers actually being victimized? LendEDU conducted a survey of payday loan customers, and Mike Brown unpacks the results – many of which may surprise you.
Do Payday Loans Deserve Their Bad Reputation? Ask the People Who Know Best – the BorrowersBlog Post
When you think about poverty, what does it look like? Many people might picture an undernourished African child, or an elderly beggar sitting in the street. But as Oakam CEO Frederic Nze explains, the reality can be far different. Poverty today often involves the struggles of the working poor, and it’s defined less by extreme deprivation and more by lack of access – to clean water, to power, to basic education, and increasingly to the internet. Nze explores the implications of this shift for the financial inclusion and development sectors.
The New Face of Poverty: Why Unemployment isn’t the Issue – And How Financial Inclusion Can HelpNews
The Alipay-NUS Enterprise Social Innovation Challenge aims to identify and support the growth of start-ups in Southeast Asia that are using digital technology to build a more inclusive society.
Press release: Alipay Teams with NUS Enterprise to Launch Social Innovation ChallengeNews
Opportunity zones, pushed last year with bipartisan support, were created for a mix of urban, suburban and rural areas. They hark back to plans from the 1980s meant to steer capital into blighted neighborhoods.
A Big Tax Break for Socially Responsible InvestingBlog Post
All children deserve an equal education, and most people agree on that goal. Yet globally, tens of millions of children are not in school, and many schools struggle to retain qualified teachers. Suren Aloyan founded the social enterprise Dasaran to address these issues in Armenia, through an online platform that offers interactive learning content and communication and assessment tools to schools, parents and students. Aloyan explores the impact the platform has generated so far – and discusses its plans to scale up.
Education + Technology = Equality: An Innovative Learning Platform Aims to Go InternationalBlog Post
Technology has become central to the energy access story in Africa. It’s an essential part of all the key stages of an enterprise’s work – from raising the initial capital and financing the equipment, to designing and delivering the final product itself. And the new possibilities opened up by technology are increasingly seen as potential game-changers, in a region where some 590 million Africans – around 50 percent of the population – are still without access to electricity. Ben Good, the CEO of Energy 4 Impact, explores three areas in which tech-driven approaches – from crowdfunding to cryptocurrency – are making an impact.
Financing the Energy Access Revolution: Three Technologies That Are Driving Africa’s Momentum
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The Future of Philanthropy in an Impact Economy: A Fireside Chat with Clara Miller
