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Nigeria: Microfinance Banks Need More Financial Empowerment
The Managing Director, Fortis Micofinance Bank Plc, Mr. Kunle Oketikun has called for more financial empowerment for Nigerians.
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- Uncategorized
- Region
- Sub-Saharan Africa
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World Bank president to open 2013 Microcredit Summit
World Bank president Jim Yong Kim will open the 2013 Microcredit Summit: Partnerships against Poverty on October 9 with a recorded statement urging the nearly 800 delegates from 69 countries to commit themselves to the advancement of microfinance to end extreme poverty.
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- Uncategorized
- Region
- Asia Pacific
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Cost vs. Tech: Will innovation make it affordable to transact with the BoP?
NextBillion Financial Innovation’s introductory series features the views of top innovators and leaders on what’s driving financial innovation, where momentum is heading, and what obstacles remain. Today, Anurag Agrawal, CEO of Intellecap lays out the core isssues involved in bringing low-cost financial products to customers at the base of the pyramid.
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The Sharks of Microfinance and the Future of Impact Investing
Both impact investing and microfinance are market-based solutions designed to address economic gaps within society. However, the notion of profiting from the poor is still a contentious debate at the cornerstone of these modern financial innovations, and impact investing is no exception with its primary target being emerging markets.
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- Uncategorized
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Indian micro-lenders look beyond Andhra Pradesh for survival
Micro-lenders claim that new rules have turned their businesses unviable and encouraged borrowers to not repay money.
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- Uncategorized
- Region
- South Asia
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Micro lenders eye growth paths in Myanmar
World Vision is attempting to become the first NGO to obtain a commercial license for its Microfinance Institution (MFI) arm in Myanmar, as the industry increasingly professionalizes, more commercial players enter and rules governing the sector are established.
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- Uncategorized
- Tags
- microfinance
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Not Your Mother’s Microfinance
Forward-thinking small business owners across the developing world are turning to the online space as an alternative source of small business loans.
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- Uncategorized
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The Road from Innovation to Scale: Experiments to Improve Product Design
As part of NextBillion Financial Innovation’s launch, we invited a number of leaders to contribute their views on where innovation is heading, and what obstacles remain. Today Dean Karlan, president and founder of IPA, describes how to design innovative financial products that are both scalable and effective in addressing the real needs of the world’s poor.
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- Uncategorized
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