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10 Ways to Improve Savings Products for the Ultra-Poor
The poor need access to financial services to create diversified and reliable sources of livelihood, which help them move out of poverty. As an industry, microfinance, however, has found it difficult to reach the very poorest. The Livelihood Pathways for the Poorest project, jointly implemented in Gaya District, Bihar, India by the Grameen Foundation and the Livelihood School, aimed to pilot a program that could fill the wide gap in services to the ultra-poor.
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- Uncategorized
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Paying for Health Emergencies: New research points to practical financial solutions for India’s urban poor
How do Indian families living in urban poverty pay for health care emergencies? A recent Michael & Susan Dell Foundation study of families in five Mumbai slums tries to answer that question. The results point to opportunities for entrepreneurs and established financial service providers to tap this underserved market and have a positive impact on the lives of India’s urban poor.
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- Education, Health Care
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A Microlender Backs Startups to Bring More Than Loans to the Poor
Microlending has lost a lot of its shine in the seven years since Muhammad Yunus won the Nobel Peace Prize for delivering small loans to help poor women start businesses.
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Kiva Makes Microfinancing for Solar Energy Available in Developing Nations
Imagine this: You’re in a developing nation with little access to electricity. In fact, you don’t have access to a grid, or enough electricity to keep a refrigerator and a light on and water filtered in your home.
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- Energy
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Banishing poverty through banking
Access to financial services could pull millions of people out of poverty, so where does microfinance fit in?
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- Uncategorized
- Region
- Sub-Saharan Africa
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Visualizing Financial Inclusion (and Shaping It)
With the year 2020 as the target, the Center for Financial Inclusion, along with Citi and Visa, are building a campaign leading up to the Financial Inclusion 2020 conference, set for Oct. 28-30 in London. Although the conference itself is invitation-only given the limited capacity and massive interest, this is a big tent effort.
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Applications Open for Indian “Social Entrepreneur of the Year Award 2013”
The Schwab Foundation for Social Entrepreneurship, a Switzerland-based nonprofit, and the Jubilant Bhartia Foundation, an Indian nonprofit, have announced that they are now accepting applications for the 2013 Indian “Social Entrepreneur of the Year Award.”
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- Uncategorized
- Region
- South Asia
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- microfinance
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Micro loans reverse poverty cycle
With an average loan of about $150, more than two million families in India, Indonesia, The Philippines, China and Ghana are leaving poverty behind thanks to Opportunity International Australia.
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- Uncategorized
- Region
- Asia Pacific
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- microfinance