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Press release: Fintech activity in Latin America spreads to 18 countries
The report provides data which, while illustrating the challenges that the industry faces, also reflects an inevitable transformation of the financial sector and the role that entrepreneurs play in accelerating innovation and changing the way in which people have interacted until now with financial services.
- Categories
- Finance
- Region
- Latin America
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Chopping Block to Starting Block: How OPIC (Now IDFC) is Writing the Next Chapter in U.S. Development Finance
The Overseas Private Investment Corp. (OPIC) just survived a near death experience. The agency was among the proposed cuts when the Trump administration came into power and began budget negotiations. But with the passage of the BUILD Act, OPIC will transform into the U.S. International Development Finance Corporation, with a new budget and a new set of financial tools. We caught up with David Bohigian, Executive Vice President of OPIC, at SOCAP18 to find out what these changes mean for entrepreneurs and others seeking development finance.
- Categories
- Entrepreneurship, Finance, Investing
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Women Worldwide Struggle to Access Banking Services. Bitcoin Is Only Making That Worse
Blockchain technology is currently being used to distribute aid to 100,000 Syrian refugeesby The World Food Programme. And plans for future blockchain initiatives within the U.N. alone run from ending child trafficking to providing services for women and girls in humanitarian settings.
- Categories
- Finance
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Viewpoint: Designing financial products for women
Current financial service models conflate women with ‘family’, considering them merely an avenue to pursue social welfare.
- Categories
- Finance
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‘Fintech can transform Asia’s women entrepreneurs’
The ESCAP initiative, launched on 29 September on a side meeting during the 2018 UN General Assembly, viewed women’s entrepreneurship as key to economic growth and inclusion.
- Categories
- Entrepreneurship, Finance
- Region
- Asia Pacific
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Strict parents and social stigma limit mobile use for girls in poor countries
Strict parenting and social disapproval are among factors that make teenage girls in developing countries significantly less likely than boys to own a mobile phone, researchers have found.
- Categories
- Technology
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Cracking the Nut: How a Cashew Enterprise Empowers Women in Rural Bali
Each day, East Bali Cashews (EBC) processes about 800 pounds of raw cashews, preparing them for snack production. The Indonesian company was launched about five years ago after a health care volunteer saw the impoverished conditions many agricultural workers face, and it now employs 400. But the statistic that most impresses Nadia Putri, an MBA candidate at the University of Michigan’s Ross School of Business, is that more than 80 percent are women. After interning there this summer, Putri details how EBC works to advance women by providing training in everything from English to Excel.
- Categories
- Entrepreneurship
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How Do We Define ‘Farmer’?: Why Outdated Perceptions are Complicating Data-Driven Agriculture
Who qualifies as a ‘farmer’? This sounds like a simple question for any agricultural intervention, but it is fraught with complexity. Sometimes farm owners live in the city, hiring caretakers to farm their land. Other times, women do most of the actual farming, but their husbands collect the income. Even the definition of ‘smallholder’ is often ambiguous. As efforts to digitize farming data gather momentum, Bobbi Gray at Grameen Foundation explores some ways to clarify this picture – and the challenges this will involve.
- Categories
- Agriculture
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