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Youth Savings: Finding the Right Financial Tools at the Right Age
With a third of the global population today under the age of 19 and 90 percent of these young people living in developing countries — 45 percent living on less than $2 a day — there is an urgent need to create easy and efficient savings mechanisms for the young. On Thursday (July 26), the Global Assets Project will host the event: Youth and Their Money: New Insights on the Financial Lives of Youth in Developing Countries
- Categories
- Education
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Gender Roles in Green and Inclusive Business – Replicating Old Patterns or Breaking New Ground?
The green economy has the potential to empower women – but risks replicating old gender patterns of the ‘brown’ economy, says a new DCED / GIZ study. How does the case look for social entrepreneurship and impact investing?
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- Agriculture, Education, Entrepreneurship, Environment
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Replicating M-Pesa: Mobile and Cloud Technology Spur Innovation in Financial Inclusion
Mobile technology and cloud computing are opening doors for low-income individuals and rural communities to financial services. Today, firms like M-Pesa and Ekgaon are paving the way for affordable banking products tailored to the needs of the BoP. But the question is: Can M-Pesa be replicated elsewhere.
- Categories
- Entrepreneurship
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Rio+20: business should help young people to build a positive future
I spent two weeks tracking Rio+20 as a student reporter seeking to make sense of the sustainable development talks, listening to ministers, CEOs and scientists who opened up trail-blazing perspectives on changing economic and societal paradigms.
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- Uncategorized
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Innovations in Financial Inclusion: Community Development and Co-operative Strategies: Ashoka Changemakers has Launched the G20 Financial Inclusion Challenge
In June Mexican Presidency of the G20 and Ashoka Changemakers officially launched the G20 Financial Inclusion challenge during the summit in Los Cabos. It signaled the G20’s continued emphasis on financial inclusion as a component of stable and vibrant financial systems.
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- Uncategorized
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From Protection to Inclusion: Making the Shift to Cashless Payments Meaningful
All around the world, social protection is evolving into much more than a safety net for the poor. It is becoming a tool for financial inclusion and economic opportunity. On Tuesday (June 19) the New America Foundation and CGAP will host a live, Web-streamed event to launch the new Global Savings and Social Protection Website, as well as to discuss the greatest opportunities for promoting savings-linked social protection and payments around the developing world.
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- Uncategorized
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Charting the Change from BPO to BoP: Training the Next Generation of Skilled Labor in India
I’m typical of many of the entrepreneurs and professionals to benefit from the BPO boom who are thankful for the opportunities it has provided, but who also hope to drive India’s nascent Base of the Pyramid sector. The Indian government is spending a huge amount of money in training BoP candidates to skill them in their chosen field and set an aggressive goal to train more than 500 million people by 2022. Dealing with that challenge will require a scalable training solution to bridge the skills gap.
- Categories
- Education, Entrepreneurship
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Financial inclusion for whose benefit?
The tale of financial inclusion in India is akin to that of the blind men and the elephant. You all know the story. A bunch of blind men chance upon an elephant. The one who catches hold of its tail says the elephant is like a rope. The one who touches the trunk says the elephant is like a snake, while the one touching the animal's leg insists it's like a tree.
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- Uncategorized
- Region
- South Asia
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