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Tigo Helps Remittances Go Mobile
In countries like Guatemala, remittances from migrant workers in the U.S. are critical to the economy. Tigo, an international telecom, has a unique plan to use mobile banking to simplify a trying process.
- Categories
- Uncategorized
- Region
- Latin America
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Facebook-style Microcredit Site Helps China Farmers
BEIJING: Dairy farmer Deligeerma needs 642 to buy fodder for her cows during the harsh winter months in northern China. So far, she has received 149 in pledges from four people around the world.
- Categories
- Agriculture
- Region
- Asia Pacific
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What Went Wrong with Microfinance?
Long before “99%” became a symbol of Occupy Wall Street, the microfinance industry used the number to describe the share of its clients — poor entrepreneurs shunned by traditional banks — who repaid their micro-loans on time. It’s a number used less and less in microfinance these days — not because of Occupy Wall Street, but because many micro-borrowers are starting to default.
- Categories
- Uncategorized
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For a New Highway, from Rio to Delhi
Brazil and India can benefit from each other's experience for an inclusive development agenda.
- Categories
- Uncategorized
- Region
- South Asia
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N Sundaresha Subramanian: Why the SME Exchange Needs a Big Hand
For the third time in the Indian stock market history, small and medium enterprises (SMEs) now have a new platform to access funds from people other than friends and family in the Bombay Stock Exchange (BSE) SME exchange that completed its first initial public offer (IPO) in February.
- Categories
- Uncategorized
- Region
- South Asia
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Kiva and Silatech Launch Online Entrepreneur Micro-loans
Online micro-lending platform Kiva has announced a partnership with Qatar's Silatech to develop an online funding programme for young Arab entrepreneurs.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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IFC To Start $100M Microfinance Debt Fund
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, along with two other investors, will set up a $100 million debt fund called Micro Finance Initiative for Asia (MIFA), to address the funding needs of microfinance institutions in developing and underdeveloped economies.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Tiny Loans, Tremendous Returns: Tales from the Microlending Frontier
Sometimes, small gestures can make huge differences in people's lives and livelihoods. That's the premise -- and the power -- of microlending.
- Categories
- Uncategorized
- Region
- Latin America
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