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Kiva Launches A Fund For Refugees And You Can Help
It may not seem so now, but whether people would loan money to a stranger was a pretty big question when Kiva.org started in 2005. One billion dollars later, the answer is a resounding yes.
- Categories
- Investing
- Tags
- microfinance, refugees
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World’s First Social Sustainability Bond Listed on a Stock Exchange
The US$8 million bond provides loans to social enterprises and microfinance institutions, which, in turn, aim to help more than 385,000 women in Cambodia, the Philippines and Vietnam.
- Categories
- Investing
- Region
- Asia Pacific
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Nigeria: 10 Microfinance Banks Account for 40 Percent of Industry Loan
THE Central Bank of Nigeria (CBN) has said the ten microfinance banks account for 40 percent of total loans in the subsector.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance
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Kiva.org Reaches $1 Billion Milestone in Crowd-Funding Loans Disbursed Globally
Kiva provides financial support to low-income borrowers, enabling individuals from all over the globe who have few other opportunities for financial assistance to receive a critically needed loan.
- Categories
- Uncategorized
- Tags
- microfinance
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Yes, microlending reduces extreme poverty
Currently, 836 million people – or 12% of the world’s population – experience extreme poverty, living off less than US$1.25 a day. Using data from 106 developing countries from between 1998 and 2013 to examine the efficacy of microlending as a poverty-reduction tool, I found that just a 10% increase in the gross microfinance loan portfolio per client could cut this number by 1.26%.
- Categories
- Investing
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Zimbabwe cash crisis hits microfinance institution GetBucks
“When we do have cash we have been able to disburse money, but particularly bond notes that we are receiving from the Reserve Bank of Zimbabwe. It differs daily based on demand so on one day it can be $30, $50 and $100. Its similar with what is prevailing in the market,” Soko said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Q&A: Batten professor helps launch World Refugee Fund
Mahoney, also the director of Social Entrepreneurship at the University and author of “Failure and Hope: Fighting for the Rights of the Forcibly Displaced,” co-founded the Alight Fund with her husband as a for-profit investment fund to support refugee and host community entrepreneurs.
- Categories
- Investing
- Tags
- lending, microfinance, refugees
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It’s Time to Match Tools with Our Understanding of Consumers and Financial Inclusion
Established in 2015 as a resource centre to help find new ways to use data to assist the financial inclusion community, insight2impact recently released its "i2i Measurement Framework Note series." The document introduces a new theory and set of measurement frameworks designed to help stakeholders achieve their good intentions and is underpinned by three key insights.
- Categories
- Uncategorized
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