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CSR and Financial Literacy in India
Abright orange bus is parked in Maralur Dinne, a village in Karnataka’s Tumakuru district. In the shade of that bus, 32-year-old Varalakshmi is trying her best to sell a garland of plastic flowers for Rs.20 to a woman who wants a discount.
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- Uncategorized
- Region
- South Asia
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American Express Backs Mexican Fintech Startup Clip as Emerging Markets Warm to Financial Startups
Investment in new financial technologies is exploding globally, and as traditional players look for opportunities they’re increasingly turning their attention to technology companies in emerging markets.
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- Investing, Technology
- Region
- Latin America
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NexThought Monday: Women Entrepreneurs to the Rescue
Ebola was always an emergency within an emergency, says Faruque Ahmed, executive director of BRAC International. Now, with the immediate threat of the disease gone, West Africans have the much-needed space to shift their energies back to tackling the even greater scourge of rural poverty and powerlessness.
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- Agriculture, Health Care
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Can Mexico be the hub for fintech in Latin America?
Mexico is in a nascent stage but there’s a wealth of burgeoning innovation centres and resources like incubators and accelerators for startups to use.
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- Uncategorized
- Region
- Latin America
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Obama Administration Targets ‘Unbanked’ Households in New Initiative
The Obama administration launched a new initiative this week to boost banking access for millions of Americans who don’t currently have checking or savings accounts.
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- Uncategorized
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Building an Inclusive Financial System, One City at a Time – an Interview with Citi’s Bob Annibale
I recently had a chance to speak with Bob Annibale, global director of Citi Community Development. Annibale’s work for Citi touches on everything from microfinancing to neighborhood revitalization. We discussed partnering with mayors, helping the unbanked, immigrant integration and more.
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- Uncategorized
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Two Keys to Advancing Global Financial Inclusion
JP Morgan recently joined with the Gates Foundation, Bankable Frontier Associates, Accion International, Omidyar Network and others to create the Catalyst Fund. Catalyst will provide funding and mentorship to financial inclusion-focused social entrepreneurs in emerging markets that offer breakthrough technology innovations to promote financial health globally. Janis Bowdler discusses the new fund, and two key approaches to bringing financial services to the world's poorest.
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- Investing, Social Enterprise
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Kopo Kopo Changes Focus From Payments to Micro-Lending, Announces New CEO
After raising $2.10 million in equity financing, Kenyan payments platform Kopo Kopo is pivoting its business away from the Lipa Na M-Pesa service it offers in partnership with Safaricom to focus on micro-loans to businesses. To this effect, the company has appointed a new CEO to direct the company’s growth and shift in focus.
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- Uncategorized
- Region
- Sub-Saharan Africa