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Michael and Susan Dell Foundation to Setup an Incubator in India
Talking about the incubator Rahil Rangwala, the Director for family economic stability at Michael and Susan Dell Foundation said, that the incubator will look at early-stage companies that offer financial inclusion, digital empowerment, job creation and services in other such impact areas.
- Categories
- Investing
- Region
- South Asia
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Financial inclusion and the right to privacy
While Aadhaar promises to bring improvements in the delivery of services to poor people and under-served communities, it could also facilitate the collection of massive amounts of information, which would expose vulnerable consumers to privacy risks—competing factors that well-crafted legislation can address.
- Categories
- Uncategorized
- Region
- South Asia
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Making a Case for the Business Case: New Ways to Provide Sustainable Financial Services to Low-Income Communities
The high numbers of people who participate in informal savings groups is appealing to financial service providers – there are hundreds of thousands of active groups whose self-selected members save weekly for a year, and share their accumulated savings – but it's not easy to tap into this market commercially. BFA recommends using a business case modeler to help acquire low-income people as customers in a sustainable way.
- Categories
- Finance
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Register for SOCAP: Get a $250 Discount
SOCAP17 is still over a month away, but September 1 is the last chance to get tickets for under $1,000. Act now to get SOCAP17 tickets for $945 (a savings of $550 off full-price SOCAP tickets) using discount code MP_NextBillion applied to the Summer Special rate. Register soon!
- Categories
- Investing, Social Enterprise
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Financial Inclusion: Have We Been Approaching The Problem All Wrong?
“The lack of trust in financial institutions partly explains the tendency of households to avoid financial products and invest in physical assets such as gold instead,” the report added.
- Categories
- Uncategorized
- Region
- South Asia
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Fixing Financial Inclusion’s Gender Gap: Fast-Growing ‘Community of Practice’ Seeks Solutions
One billion women living in the poorest 40 percent of developing-country households remain outside the formal financial system. A persistent gender gap in developing countries in account ownership rates suggests that efforts at financial inclusion are not reaching women. In an effort to change that, CGAP recently launched the Women’s Financial Inclusion Community of Practice to bring together practitioners, funders and policymakers.
- Categories
- Finance
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Report: MFI investors have to wait a while to reap benefits of digitization in India
Investors generally tend to measure the success of their investment based on the growth of portfolio, profitability of the MFIs and consequently their return on investments.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Why Startup Accelerators Won’t Create the Global Climate Technology Revolution
Accelerators may be a great way to launch the next Pokémon Go app or even Airbnb, but they're not as suited for climate startups in low- and middle-income countries. Jean-Louis Racine, leader of the infoDev Climate Technology Program at the World Bank Group, explores several reasons why accelerators are "at best an incomplete tool for building climate tech sectors."
- Categories
- Agriculture, Energy, Environment, Social Enterprise, Technology