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Why India needs to work on financial literacy now more than ever
India is home to 17.5% of the world’s population but nearly 76% of its adult population does not understand even the basic financial concepts. Empirical evidence shows that digital efforts on financial education have had a far greater impact than the traditional media.
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- Uncategorized
- Region
- South Asia
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Affordable Capital For Small Businesses And Other Innovative Vehicles For The Impact Investing World
Called Capital Aggregation, it’s a recently launched business line for Calvert Foundation, aimed at mission-driven companies, as well as financial advisors and their accredited clients who are interested in fixed-income impact investment deals.
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- Investing
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How To Invest Your Money Responsibly, Sustainably, Or For Impact (They’re Not The Same)
Now you want to invest it wisely, as in–not just leave it in a checking account that pays next to no interest. Ideally, you want to make a decent return, but you also want to be responsible about it... You want to invest the money sustainably, but maybe not in the traditional ways. What are your options?
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- Investing
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Everex to Enable Mobile Blockchain-Powered Microfinance via Ethereum
Everex mobile fiat transactions are based on the company’s already existing Cryptocash service and its mobile Ethereum wallet. Cryptocash is an Ethereum ERC20 token family, pegged to fiat currencies and tradable on the Everex Wallet, as well as on third-party applications and exchanges.
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- Uncategorized
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The Price Clients Pay For SRI/ESG Investing
SRI has gained a lot of assets in recent years. In 2016, socially responsible funds managed approximately $9 trillion in assets from an overall investment pool of $40 trillion in the United States, according to data from the US SIF Foundation. While SRI and ESG investing continue to grow in popularity, economic theory suggests that if a large enough proportion of investors choose to avoid “sin” businesses, their share prices will be depressed.
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- Uncategorized
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OpenInvest Asks Investors to Put Their Money Where Their Values Are
OpenInvest is grown 85 percent since its soft launch last September, so Tech.Co used their seed round announcement as an opportunity to have a chat with OpenInvest CEO and cofounder Conor Murray about just how OpenInvest’s unique approach to socially responsible investing works.
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- Investing, Technology
- Region
- North America
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Guarantees Transforming Impact-Investing Finance
“Guarantees are underutilized in impact investing, and hence there’s great potential for scaling their use,” says Abhilash Mudaliar, director of research at the GIIN.
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- Investing
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International Finance Corporation to invest USD $21 million in Grameen Koota
The renewed trust by these marquee investors is expected to provide more comfort to local lenders who finance MFIs for on-lending.
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- Investing
- Region
- South Asia