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Think Globally, Innovate Locally: If you’re trying to serve individual customers, you can’t be a plane ride away, says Accion Venture Lab’s Paul Breloff
Here’s a common quote among entrepreneurs: “We’re focused on the BoP in [pick an emerging market] – but our senior management team is based in [some fully emerged market].” But as Accion Venture Lab’s Paul Breloff argues, if you’re trying to serve individual customers, you’ve got to immerse yourself in the countless intangibles that make up their daily lives.
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Child & Youth (Micro)Finance
The Child and Youth Finance global movement was launched in 2012 as a way to empower, include and educate children and youth all over the world.
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Friction and Flow: How innovation can put relevance back into formal savings
Do you realize to what extent formal savings services are irrelevant to many of the world’s poor?Ignacio Mas explores the challenges of making savings products both relevant and simple, in a thought-provoking addition to NextBillion Financial Innovation’s opening series.
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Google Hangout with Antony Bugg-Levine: Watch the replay of our conversation with an impact investing pioneer
NextBillion Financial Innovation’s first Google Hangout took place on Oct. 15, and we hosted an outstanding guest: Antony Bugg-Levine, CEO of the Nonprofit Finance Fund and a true pioneer in impact investing. Check out our videotaped Q&A in this post.
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First-Ever Kiva U Summit Convenes Student Leaders and Educators Around Financial Inclusion
More than 150 college and high school student leaders and educators from around the world with an interest in critical issues around financial inclusion gathered for the first-ever Kiva U Summit.
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Universal Financial Access Vital To Reducing Poverty, Says World Bank President Jim Yong Kim
Leaders at a major World Bank Group forum put forward a vision for achieving universal financial access by 2020.
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Microfinance key to achieve MDGs–Nobel awardee
JUST like microcredit, Nobel laureate Muhammad Yunus, founder of Grameen Bank in Bangladesh, said on Friday the banking system needs to be redesigned so it can provide everybody access to financial services.
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Microfinance in the Crosshairs: Will Kyrgyzstan’s usury bill backfire?
Microfinance has become a subject of controversy, as predatory lenders and unfair interest rates have tarnished its image and led to government interventions. But in Kyrgyzstan, a country with little financial regulation and no sovereign credit rating, increasing regulations may soon have negative consequences for the very clients they’re intended to protect.
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