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Weekly Roundup: Obama Chases Bush’s Africa Legacy, Kenya’s Diaspora Leadership and Gray Ghost’s $60M Fund
It’s incongruous to many that the son of a Kenyan is widely perceived to have done less to help Africa than a predecessor best known for putting the U.S. in a bad war and a bad light in so many other places around the globe. Could the President’s Malaria Initiative help change those perceptions?
- Categories
- Health Care
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PWC to Liquidate Troubled Microfinance Company DKM’s Assets to Pay Back Depositors in Ghana
PriceWaterhouse Coopers is to liquidate the assets of troubled microfinance company, DKM, to raise money to payback depositors whose monies were locked up with the company, the Governor of the Bank of Ghana said Tuesday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Mapping the Path to Full Financial Inclusion
When attempting to solve a complex development challenge, we often jump from creating ambitious goals to making plans, without first identifying who we need to reach with our goals, where those people reside, and what challenge and opportunities they face. That’s why one of the underappreciated keys to meeting a development goal is to draw a map - and why maps provide the theme for this year's State of the Microcredit Summit Campaign Report: Mapping Pathways out of Poverty.
- Categories
- Finance
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5 Easy Ways to Impact Invest In Women — And the World
To many, impact investing connotes low or no returns. Despite the skepticism, these investments made with the goal to generate a social or environmental impact alongside a financial one, is a growing market. About $60 billion worth of impact investment assets are under management, according to the Global Impact Investing Network – which provides much-needed capital to some of the world’s biggest challenges, in sectors ranging from agriculture to education. And some of the biggest returns lie with women.
- Categories
- Investing
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Kiva’s New Fund Targets 1 Million Women Entrepreneurs – But How Much Impact Should We Expect?
Last week, the Inter-American Development Bank and the U.S. State Department joined microfinance pioneer Kiva to launch the Women’s Entrepreneurship Fund. The fund matches the contributions of lenders who respond to a woman entrepreneur’s loan request on Kiva’s online platform, and hopes to crowdfund loans for 1 million entrepreneurs. But in spite of the excitement around the announcement, questions about both Kiva’s approach and the broader microfinance model remain.
- Categories
- Investing
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Abu Dhabi to Welcome Global Policy Makers and Microfinance Experts at Microcredit Summit
Global policy makers and microfinance experts will convene in Abu Dhabi from March 14th to 17th to explore and discuss innovative financial inclusion strategies that can create clear pathways to economic and social inclusion.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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Gross Loan Portfolio Increases 39.3% in Pakistan’s Microfinance Sector
The gross loan portfolio of the microfinance sector increased 39.3% year on year (YoY) to reach Rs93 billion at the end of 2015.
- Categories
- Investing
- Region
- North Africa & Near East
- Tags
- lending, microfinance
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New Fund for Women Is the Next Step in Kiva’s Evolution
Kiva partnered with the United States Department of State and the Inter-American Development Bank to launch the Women’s Entrepreneurship Fund on Friday, signaling the next step in the crowdfunding platform’s ongoing expansion into impact investing.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- crowdfunding, microfinance
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