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Hivos-Triodos Fund (HTF) Loans $3.1m to India’s IntelleGrow for Loans to Small, Medium-Sized Enterprises
The Hivos-Triodos Fund (HTF), a Netherlands-based microfinance investment vehicle, recently loaned EUR 2.5 million (USD 3.1 million) to IntelleGrow, an Indian nonbank financial company that specializes in making loans to small and medium-sized “social enterprises” in the agriculture, clean energy, education, financial, healthcare, sanitation and water sectors.
- Categories
- Uncategorized
- Region
- South Asia
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Ghana’s Fidelity Bank In $3.9m Private Health Partnership With USAID
In a bid to provide funding for private health facilities, top tier Fidelity Bank Ghana Limited and the United States Agency for International Development have signed a $3.9 million deal that will see laon facilities availed for private hospitals and clinics accredited by the country’s National Health Insurance Authority or those seeking NHIA accreditation.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Red Flags: Over-indebtedness is the yang to microcredit’s yin
While working to understand the experiences of clients suffering from severe over-indebtedness in the U.S., EA Consultants began to consider patterns that have emerged in lesser-developed countries. Barbara Magnoni, EA Consultants’ president, discusses their research and its implications for microfinance.
- Categories
- Education
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OPINION: Is social investment bad for the charity sector?
In recent months senior figures in the world of charity have questioned whether social investment is good for the sector. David Ainsworth examines why this new field is facing a backlash.
- Categories
- Uncategorized
- Tags
- lending, philanthropy
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Why American Small Businesses Are Singing Microcredit’s Praises
Grameen America has helped multiple neighborhoods in the U.S. thrive. Here's the story of one business owner in Queens, New York.
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- Uncategorized
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EU Offers $1bn Development Capital To Three African Countries
European Union (EU) has given three African countries Lesotho, Togo and Zambia over $1 billion for economic development under its National Indicative Programmes (NIP).
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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OPINION: Twenty years of making microfinance, or whatever you want to call it, work
Today in Seattle, an organization called Global Partnerships celebrates two decades of helping people rise up out of poverty through a variety of initiatives all aimed at empowering the poor – by helping smallholder farmers, improving health, encouraging the use of “green” technologies and through microfinance.
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- Uncategorized
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U.S. States Ease Interest Rate Laws That Protected Poor Borrowers
Lenders have come under fire in Washington in recent years. Yet one corner of the financial industry — lending to people with poor credit scores — has found sympathetic audiences in many state capitals.
- Categories
- Uncategorized
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