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The Mysterious Disappearance of Poverty
How do you help the poor? It is a very old question. The Roman emperor Nero found the answer in the advice of Stoic philosophers like Seneca, and built an awe-inspiring palace covered in gold leaf. This would fill the lower classes with gratitude for being blessed with such a glorious leader. Perhaps not coincidentally, the Roman senate ended Nero’s reign by ordering him to commit suicide four years later.
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- Uncategorized
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‘This isn’t what we had once hoped it would be … so what should we do?’: Dean Karlan discusses the influential new studies on microcredit’s social impact
Discussion of the six recent microcredit RCTs has followed two general tracks. Within the sector, it has focused on how the studies can be used to improve products and social impact. But outside the sector, it has focused on how microcredit hasn’t lived up to the hype. Both of those currents came to the fore in our Q&A with Dean Karlan, President and Founder of Innovations for Poverty Action.
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- Education, Impact Assessment
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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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- Uncategorized
- Region
- 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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- Uncategorized
- Region
- 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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- Uncategorized
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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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- Uncategorized
- Region
- South Asia
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- microfinance
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