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Viewpoint: Can Impact Investing Avoid the Failures of Microfinance?
The impact investment industry is growing rapidly, a fact that many of us in the field celebrate. But are we scaling the right model?
- Categories
- Investing
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OPIC Provides $5 Million in Financing to Grameen Impact Investments India
The Overseas Private Investment Corporation (OPIC) announced that $5 million in local currency financing has been mobilized to Grameen Impact under an OPIC loan guaranty agreement with India’s IndusInd Bank.
- Categories
- Investing
- Region
- South Asia
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IBM’s Microfinance Blockchain in Kenya Tests the Viability of Hyperledger
IBM is back supporting a microfinance project using a Hyperledger blockchain to help administer small loans at low interest to food sellers in Kenya.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, microfinance
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Press release: Deetken Impact makes landmark investment in Pro Mujer Mexico to scale its services for women
Pro Mujer, a mission-driven social enterprise focused on empowering women and their families in Latin America, announced today that its subsidiary, Pro Mujer Mexico SOFOM (Sociedad Financiera de Objeto Múltiple), has received $1 million USD in exchange for its issuance of preferred shares to Deetken Impact, a Canadian-based boutique asset management firm.
- Categories
- Investing
- Region
- Latin America
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MetLife Foundation Partners with Kiva to Support Entrepreneurs and Build Financial Inclusion
MetLife Foundation has partnered with Kiva, a global non-governmental organization, to support entrepreneurs around the world through an employee engagement campaign. As part of this programme, a fully funded US$25 loan has been allocated to each of MetLife's 23,000 employees in Asia to help entrepreneurs start, sustain and grow their businesses.
- Categories
- Uncategorized
- Region
- Asia Pacific
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FINCA’s Journey from Non-Profit to For-Profit
For a company to make money, it helps if its employees have a money-making mindset. But that’s not what Roman Hingorani found when he joined FINCA International as its CFO in 2015.
- Categories
- Investing
- Region
- North America
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Pairing access to finance and energy to solve global poverty
Pairing access to finance with access to energy can help more than a billion people raise their standard of living, banish poverty to the past and no longer be counted among the unbanked.
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Advances and lessons learned from BIM, Peru’s first mobile money wallet
BIM recently announced its plans to launch new services in the second half of 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings, loans, and microinsurance.
- Categories
- Finance
- Region
- Latin America
