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Microinsurance in Rapid Expansion Says ILO, Munich Re Report
According to the Microinsurance Innovation Facility of the International Labor Organizationand the Munich Re Foundation, “the number of microinsurance schemes worldwide has increased substantially over the past five years and now reaches an estimated 500 million worldwide.”
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- Uncategorized
- Region
- Asia Pacific
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Microfinance Giant Launches Venture Capital Fund For East Africa
Accion, an international microfinance and investment firm, has launched Venture Lab, a $10 million investment vehicle which will provide seed capital and management support to financial inclusion startups worldwide, with a particular focus on East Africa and India.
- Categories
- Entrepreneurship, Investing, Technology
- Region
- North Africa & Near East
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Five Years Since Launching, Opportunities for the Majority Sees Buy-In for BoP
Today, we’re spotlighting Opportunities for the Majority (OMJ), created by the Inter-American Development Bank. In less than five years since its launch, OMJ has taken a multi-sector approach to financial inclusion by providing loans, grants, and financing 33 projects and corporate deals valued at more than $200 million.
- Categories
- Entrepreneurship
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Government’s Heavy-handed Regulation of Microfinance Will Kill It and Bring Back Moneylenders
Among many Bills stuck in the legislative process is the Micro Finance Institutions (Development and Regulation) Bill. This is a 2011 Bill. An earlier 2007 Bill was introduced in the Lok Sabha, but lapsed with the lower House's dissolution in 2009. Financial inclusion shouldn't mean only credit.
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- Uncategorized
- Region
- South Asia
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Accion Launches Venture Lab, a Seed-Stage Investment Initiativefor Financial Inclusion Start-ups
Accion, a pioneer and leader in global microfinance, today announced the launch of Venture Lab, an initiative dedicated to providing seed capital and management support to financial inclusion start-ups worldwide.The $10 million program will seek out companies that have completed research and development and are at the pilot/first-revenue stage. Investments will typically be in the range of US $100,000-$300,000, invested either as convertible debt or equity.
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- Press Release
- Categories
- Entrepreneurship
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Omidyar’s Jayant Sinha: Volatile Government Policy is a Deterrent to Investing
Jayant Sinha, partner and MD, Omidyar Network India Advisors, tells Dinesh Narayanan that government trying to micro-manage the economy is not good. Edited excerpts from an interview.
- Categories
- Entrepreneurship
- Region
- South Asia
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Is Sustainable Local Development A Persuasive Alternative to Microfinance?
Milford Bateman has made a cogent case for community-based financial institutions that prioritise sustainable local solutions
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- Uncategorized
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Angel Deals May Get Tax Breather
Individual investment up to Rs 5 crore and total deal of Rs 10 crore may be exempted.
- Categories
- Entrepreneurship
- Region
- South Asia
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