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India’s Microfinance Industry Clocked 60% Growth in Fiscal 2016
After years of subdued growth, the Indian microfinance (MFI) industry expanded more than 60% to Rs54,329 crore in 2015-16 compared to the previous year, according to a report prepared by Sa-Dhan, the self regulatory organisation of MFIs.
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- Uncategorized
- Region
- South Asia
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Live from SOCAP, Thursday
A recap of Day 3 at SOCAP16, with more Facebook Live interviews and an inside look at some interesting conversations about terminology and trust.
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- Social Enterprise
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How Digital Financial Services Can Lift Nigerians Out of Poverty
A report, the “financial inclusion insight (FII),” has stressed that digital financial services (DFS) can play a key role in managing expenses and setting individuals and households on paths to stay out of poverty permanently.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Live from SOCAP, Wednesday
Team NextBillion – Scott Anderson and James Militzer – is reporting from SOCAP16 in San Francisco, conducing a series of Facebook Live interviews, attending sessions and meeting some of the many "doers" in attendance at the world’s largest conference on social enterprise and impact investing.
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- Social Enterprise
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Uganda Has Highest Mobile Money Fraud Cases
Kampala — More than half of Uganda's mobile money agents have reported the highest incidents of fraud among the eight countries studied, a new report reveals.
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- Technology
- Region
- Sub-Saharan Africa
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Implementing Market Systems Programs in Fragile Contexts
Many farmers operating in a market system broken by conflict have been propped up by global humanitarian efforts. However, Andy Hunter, a market systems practitioner, says that replacing essential commercial services with donor-funded direct delivery options is a market distortion that ultimately ensures a complete collapse of a functional market system.
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- Agriculture
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G20 Leaders Welcome Launch of Inclusive Business Platform
Leaders at the G20 Summit in Hangzhou, China emphasized the need for sustainable and inclusive growth, and welcomed the launch of the G20 Global Platform on Inclusive Business. The platform is a global partnership that seeks to accelerate the adoption of inclusive business policies and programs.
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Five Imperatives to Help Address the Challenges of Sustainable Rural Economic Development
More than two-thirds of the populations in the least-developed countries live and work in rural areas, where the proportion of people living below the poverty line is generally double that of urban areas. That makes the development of rural economies critical for poor countries to meet their sustainable development goals. Peter Harlock of VisionFund lays out five imperatives to optimise that development.
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