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Opportunity International & The MasterCard Foundation Plan To Help 7M Out of Poverty With $22.7M Partnership
Opportunity International is a non-profit microfinance organization established in 1971. Over the last 42 years OI has provided $6 billion in microfinance loans and has reached over 5 million clients in 22 countries. In 2009, The MasterCard MA -1.08% Foundation and the Bill & Melinda Gates Foundation partnered with OI and co-funded a $16 million project to expand access to saving accounts and agricultural loans in Sub-Saharan Africa.
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- Impact Assessment
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Why Insurers are Looking to Kenya’s Low-Income Earners for New Business
Low-income earners have traditionally been underserved when it comes to being provided with avenues to manage the risks they face every day.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Thomson Reuters release Islamic Social Finance Report
Thomson Reuters has released the Islamic Social Finance Report 2014 in collaboration with the Islamic Research and Training Institute (IRTI), a member of the Islamic Development Bank Group.
- Categories
- Impact Assessment
- Region
- North Africa & Near East
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OPINION: India’s Mor Report on Financial Inclusion Doesn’t Focus Enough on Expanding Access to Credit
The Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households (the Nachiket Mor Committee on financial inclusion) has delivered a detailed report in a very short time.
- Categories
- Uncategorized
- Region
- South Asia
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Microfinance 2.0: Different Methodology Could Reshape Industry
A recent paper published by Harvard Business School and EY advocates for taking a more scientific approach to evaluating the impacts of microfinance programs.
- Categories
- Impact Assessment
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Saving Nigeria’s micro-finance banking sector
The recent approval of the liquidation of 83 micro-finance banks (MFBs) by the Central Bank of Nigeria (CBN) is bad news from the banking sector. It is worrisome that as many as 83 of these institutions are going under, barely four years after 224 of them were declared insolvent in 2010, with attendant negative implications for depositors’ funds.
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- Uncategorized
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Aavishkar Hopes to Close $75 M Frontier Fund, Take Impact Investing Model Beyond India
Set to take its impact investing model to Indonesia, Sri Lanka, Myanmar, Bangladesh and Pakistan
- Categories
- Impact Assessment
- Region
- South Asia
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Indian banks develop a liking for microlending
India’s microlending industry, dominated by traditional microfinance institutions (MFIs), is witnessing a re-emergence of interest from commercial banks, which are targeting low-income borrowers.
- Categories
- Uncategorized
- Tags
- microfinance