-
How Innovation Created an Off-Grid Solar Market in Rural Bangladesh — And What Other Countries Can Learn from this Model
In the early 2000s, a small-scale World Bank pilot project in Bangladesh unexpectedly grew into the largest off-grid solar program in the world. According to Nancy Wimmer at microSOLAR, the program's success provided the rest of the world with a model for how low- and middle-income countries can develop a nationwide, rural market for decentralized solar systems driven by home-grown companies. She explores how other countries can adapt Bangladesh’s market-creating innovations to their own local environments.
- Categories
- Energy, Technology
-
African Development Bank, Government of Chad Sign $650,000 Grant Agreement to Extend Digital Financial and Non-financial Services to Women and Youth
The funding will advance the Microfinance Development Support Project for Women and Youth Entrepreneurship.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Press Release: Global Financial Inclusion Initiative Expands to Collect Over 1 Million Unique Data Points in 2023
Now in its second year, the 2023 Microfinance Index will survey 30,000+ microfinance clients in 30 countries focusing specifically on clients in Cambodia, India, Indonesia, Uganda, and Ecuador.
- Categories
- Finance, Impact Assessment
- Region
- Global
-
Press Release: Symbiotics Investments Provides a US $10 Million Gender-Focused Bond to Khan Bank in Mongolia
This is the first bond in Mongolia with the explicit purpose of supporting the SDGs through a gender lens.
- Categories
- Investing
- Region
- Asia Pacific
-
Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific
-
M-Kopa Snaps up $250 Million+ Debt, Equity for Its Asset Financing Platform
M-KOPA, the asset financing platform that offers underbanked African customers access to “productive assets” and the ability to pay for them via digital micropayments, has secured more than $250 million in new funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Press Release: Mastercard and Egabi Collaborate to Expand Access to Digital Lending Solutions Across Eastern Europe, Middle East, Africa
Mastercard will activate egabi’s digital-lending capabilities and assets to provide an end-to-end lending proposition to financial institutions and fintech companies.
- Categories
- Finance, Technology
- Region
- Global
-
AMK of Cambodia Borrowing $7.5 Million for Green Microfinance via Bond Issue From British Based BII, and Swiss Based Symbiotics
Cambodia’s AMK Microfinance Institution is to fund its ongoing lending for electric two- and three-wheeled vehicles as well as new products.
- Region
- South Asia
- Tags
- e-mobility, impact bonds, lending, microfinance, MSMEs, renewable energy, solar, waste
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.