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Meet the people adding $3.7 trillion to the developing world with financial inclusion
Delivering financial services to the developing world's unbanked people will add $3.7 trillion to the GDP of emerging economies within a decade, according to a recent report by McKinsey.
- Categories
- Impact Assessment
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How This Latina Turned Her Aha Moment Into A Profitable, Socially Responsible Business
In 2010, when Francesca Kennedy went back to Guatemala to visit her family, she found that the lake she had been baptized in, Lake Atitlan, was deemed by NASA to be one of the world’s worst natural disasters. The blue green algae that now inhabited the once clear lake was the first spark into what would later become her mission-driven entrepreneurial career.
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- Environment
- Region
- Latin America
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‘Inclusion is Not an End in Itself’: Takeaways from MasterCard Foundation’s Symposium on Financial Inclusion
Financial services providers need a mind-shift, says MasterCard Foundation's Ann Miles: They should not only focus on increasing uptake of a new product or service, but on the lifetime value these offerings have for customers. Their goal should be not just to increase access to formal financial products and services, but to help end-users integrate these new tools into their daily lives.
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- Uncategorized
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Acumen and GE Support Social Enterprises across East and West Africa to Build Inclusive Businesses that Tackle the Problems of Poverty
Since 2001, Acumen has invested more than $35 million in 31 companies in East and West Africa working in agriculture, energy, health care, clean water and sanitation to better serve each region’s poor
- Categories
- Impact Assessment, Investing
- Region
- Sub-Saharan Africa
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Pupils, Parents of Bridge International Schools Storm Parliament Over Closure
Parents and pupils of Bridge International Academies on Monday stormed parliament protesting against government's decision to close the schools. Uganda's High Court on Friday ordered the closure of 63 Bridge International Academies on grounds that the private schools provided unsanitary learning conditions, used unqualified teachers and were not properly licensed.
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- Education
- Region
- Sub-Saharan Africa
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Weekly Roundup: Jill Stein’s SRI Controversy; Culture Change as Opportunity; Mobile Money’s Hungry
The hubbub about Green Party presidential candidate Jill Stein's insufficiently green investments might seem like a tempest in a teapot ... but it could signal an important shift; changing attitudes and rising disposable incomes in Kenya are opening possibilities for insurance firms; and research shows mobile money's driving a price revolution in international remittances. That, and more, in this week's Roundup.
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- Energy, Health Care, Investing, Technology
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Taste of solar power builds appetite for more in Kenya, survey finds
Fuel-seller Nancy Kaisa has for years used solar power to light her premises at the Entasopia shopping center in Kajiado, in southern Kenya. But recently she’s started using energy from a solar mini-grid system to operate her fuel pumps and meet her other energy needs, ditching her diesel generator.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Peer Mentorships Helping Colombia Write Its Next Chapter
Peer learning provides mutually beneficial relationships that advance the knowledge and well-being of all participants. In the second post in our series on the Graduation model of alleviating poverty, Fundación Capital explores the power of local peer mentors in supporting the income-generation projects of individuals affected by the violence in Colombia.
- Categories
- Education