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Deutsche Bank Closes $50 Million Social Enterprise Fund
Deutsche Bank’s Global Social Finance Group today announced the closing of the Essential Capital Consortium (ECC), a five-year USD 50 million social enterprise fund, which is part of its family of social impact funds first launched in 2005.
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- microfinance
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Grameen Foundation USA Partners with MetLife Foundation to Provide Microfinance in Uttar Pradesh
Grameen Foundation US has partnered with MetLife Foundation to provide savings and other services to at least 40,000 poor and women clients in Uttar Pradesh.
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- South Asia
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- microfinance
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Bramer Bank Provides Gateway to Investment in Africa
Mauritius is the easiest place to do business in Africa, offering a compelling banking environment for industry pioneers such as Bramer Bank.
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- Sub-Saharan Africa
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Press Release: Solar Expert Joins Microfinance Leader FINCA International’s Board of Directors
FINCA International, a leading microfinance organization based inWashington, D.C., is pleased to welcome Dr. Fred Seymour, a solar energy expert, to its Board of Directors. A pioneer of microfinance, FINCA is actively exploring the development of additional social enterprises that can deliver nonfinancial products and services, starting with solar energy.
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- Energy
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‘Financial inclusion is not going to be realized without smartly leveraging technology’: An interview with Carol Caruso, Senior Vice President, Channels and Technology at Accion
With cellphones booming in developing countries, achieving universal financial inclusion by 2020 is no longer unrealistic. Accion has been at the forefront of digital finance as an anti-poverty tool. We recently spoke with Carol Caruso, who leads Accion’s Channels & Technology unit, about what the future holds.
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Does India Need Microfinance-Focused Mudra Bank?
Do we need yet another refinance agency in the Indian financial system? Quite a few such agencies already exist; none of them can claim to be a success by any yardstick.
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- South Asia
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- microfinance
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A Plan to Empower More Than One Million Women
There is a story that persists around the developing world, to the detriment of families and entire economies: Women are being sidelined from economic progress because of limited access to financial services.
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- microfinance
