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Press Release: Grameen America Receives $25 Million Grant From Mackenzie Scott
Transformational Gift will Accelerate Financial Inclusion for Low-Income Minority Women Entrepreneurs
- Categories
- Finance
- Region
- North America
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Microfinance Loans Could Spell Disaster in the Time of Coronavirus
Such loans have undoubtedly helped many people. Yet the capacity of microfinance to "make poverty history" has been repeatedly called into question by researchers.
- Categories
- Coronavirus, Finance
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Review of Microfinance Studies Finds Many Flaws, No Conclusions
What do we know about microfinance—often touted as the solution for the economic woes of developing countries? Practically nothing, say researchers from UConn's Department of Agricultural and Resources and Economics.
- Categories
- Finance, Impact Assessment
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Alibaba Cloud, Fintech Academy, Pfizer Accelerate Apac Healthcare Innovations
The startups selected under this alliance will receive 'infrastructure support and technological expertise from Alibaba Cloud, talent development and venture building support from Fintech Academy and scientific and commercialization knowledge from Pfizer'
- Categories
- Finance, Health Care
- Region
- Asia Pacific
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Four Key Challenges Facing India’s Local Energy Enterprises During COVID-19 – And 16 Ways Funders Can Help
COVID-19 has had a devastating impact on last-mile energy companies. SELCO Foundation recently conducted surveys and conversations with 33 local Indian energy enterprises about the challenges they're facing. Sarah Alexander explores what these businesses shared about how governments, investors, philanthropies and other stakeholders can support them.
- Categories
- Coronavirus, Energy, Finance, Social Enterprise
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Viewpoint: The Importance of Digital Microfinance for Emerging Markets in a COVID-19 World
Digital products and features that speak directly to customer needs are most likely to have an impact, particularly during a time when we’re seeing a spike in digital inquiries as a result of the stresses and concerns prompted by the pandemic. Real-time advice and quick access to practical solutions that enable quick action are among the most direct routes to improved financial health during an increasingly challenging time.
- Categories
- Coronavirus, Finance
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Bandhan Bank, Small Finance Banks in India Emerge as Job Creators Amid Coronavirus Pandemic
These lenders are in the process of raising staff strength by 5-10% in the next three-four months, although several others in the sector might be more circumspect. The new workforce will largely be deployed for client servicing and to boost repayment, people familiar with the matter said.
- Categories
- Coronavirus
- Region
- Asia Pacific
- Tags
- microfinance
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COVID-19 Pushes Rural Myanmar Towards Moneylenders
Desperate for cash and low on work, rural households are turning to high-interest loans from informal moneylenders as microfinance companies are forced to cut back on credit.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific