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More and more, women are combining profit with purpose to create a better world
"Society has a gendered perspective of how we're going to change the world," Oberti Noguera said. "When a woman says she's going to change the world, society thinks she's going to start a nonprofit. When a man says he's going to change the world, society thinks he's going to start a business."
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- Investing
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From Biometrics to Chatbots: Two Technology Challenges Aim to Help Governments Digitize their Economies
There is a growing consensus that emerging-market governments should digitize their economies, starting with the vast streams of payments they themselves make and receive. The DFS Lab is launching two technology challenges to fund new technologies that enable this transition: a Biometrics Challenge and a Chatbots Challenge. The deadline to enter is May 30.
- Categories
- Technology
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Two Billion Emerging Consumers are Only a Handset Away From Financial Inclusion
With mobile technology rallying across the emerging markets, the tools to turn the tide on financial inclusion are finally within reach. However, low-income consumers won't truly adopt the digital movement until they believe they can benefit from it. Michael Fernandes of LeapFrog Investments says educating 2 billion emerging consumers may sound like a daunting task, but it can be done.
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- Uncategorized
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Social Enterprise Sector Is Missing Link in Africa Wealth-Creation Chain
The objectives of social businesses are generally seen as meeting social goals. They often reinvest profits back into the business or target audience or community. Africans may have to start thinking of using social enterprises -- whether at village, community or non-governmental organisations -- to create businesses, manufacture goods, expand financial services and farm commercially; and to serve as alternative public-service providers, delivering education, energy and accessible finance.
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- Investing
- Region
- Sub-Saharan Africa
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The real promise of regulatory technology in financial inclusion
Financial authorities could someday run digitally, but getting there is not going to be easy. In many countries, regulators today often use fax machines, let alone cloud-based software and analytics. And yet, the future of the financial sector depends on modernizing regulatory authorities.
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- Uncategorized
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From Trash to Resource: How Technology Can Help Informal Waste Pickers Solve India’s Recycling Problem
Due to its dependence on informal waste pickers, urban waste management in India is at once a complex problem to solve, and an excellent business opportunity. Kabadiwalla Connect, a tech-based social enterprise, is using smartphones and innovative logistics to help this informal ecosystem of urban recyclers make a better living and keep untold tons of garbage out of landfills.
- Categories
- Environment, Social Enterprise, Technology, WASH
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How SAJIDA Foundation Nearly Doubled Customer Uptake of Savings Accounts
Astha, a term deposit account, allows SAJIDA Foundation members in Bangladesh to save toward a purchase or financial goal. Through the OPTIX project, BFA conducted data analytics and client research with SAJIDA and eventually redesigned the accounts. After rolling out the new features, the foundation saw a 97 percent increase in accounts opened and 59 percent more mobilization of savings.
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- Finance
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Three Social Business Lessons from Detroit’s ‘Grassroots Entrepreneurs’
The self-determination that characterizes many Detroit entrepreneurs is a powerful paradigm for emerging markets, say authors Amy Gillett and Nathan Rauh-Bieri, and would-be providers of social entrepreneurship interventions should note a lesson learned: Make sure what you are offering is requested by the community, customized for the community and implemented with the community.
- Categories
- Education, Social Enterprise