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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.
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- 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.
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- Entrepreneurship
- Region
- South Asia
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The Argidius Foundation and ANDE Announce Finance Challenge to Stimulate Small Businesses in Emerging Markets
Competition aimed at providing entrepreneurial finance will award up to two million euros
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- Press Release
- Categories
- Investing
- Region
- Europe & Eurasia
- Tags
- ANDE, financial inclusion
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Microcredit Is Expanding to New Products for the Poor
We spoke to Ghiyath Nakshbendi about changes in the world of microfinance. He is an expert in international business and teaches microfinance as a business model at the Kogod School of Business at American University.
- Categories
- Environment
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NexThought Monday: Poverty, Identity and Design
I have been, in a short stretch of time, to Buffalo, Nairobi, Mexico City; and Detroit. Each of these cities has its own colorful, distinct identity, and shares in common (but not exclusivity) a struggle with deeply-rooted poverty. While it’s difficult not to compare the causes and commonalities of poverty in these vastly different places, it’s more useful, perhaps, to explore the role that identity might play in solving it.
- Categories
- Entrepreneurship