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10 Takeaways from the World Bank Forum on Microcredit’s (lack of) Social Impact
"For a researcher working on microcredit, this is kind of a defining moment." That’s how Abhijit Banerjee described the six recent studies on microcredit’s social impact (or lack thereof). NextBillion has compiled 10 takeaways (and 11 tweets) from the research and the sector’s reaction to it, based on the World Bank event.
- Categories
- Education, Impact Assessment
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The Most Popular Posts of 2015: Which One Most Influenced You?
For the fourth year in a row, we're launching our Most Influential Post of the Year Contest – think of it as a listicle that you control. Below are the 12 most viewed articles on NB by month. Please read or re-read them and then vote for your favorite(s).
- Categories
- Agriculture, Education, Energy, Environment, Health Care, Impact Assessment, Investing, Social Enterprise, Technology
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Zephyr Peacock, Omidyar Network invest Rs 100 Crore in Swarna Pragati
Bengaluru-based private equity funds Zephyr Peacock and Omidyar Network have picked up about 15 per cent stake in housing microfinance firm Swarna Pragati for about Rs 100 crore, people close to the development said.
- Categories
- Investing
- Region
- South Asia
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Measuring Environmental Performance in Microfinance
What responsibility does the microfinance industry have in reaching each of the Sustainable Development Goals? Of the 1,100 microfinance institutions reporting social performance information to MIX in 2014, 40 percent reported that they raised clients’ awareness of environment impacts. Additionally, 34 percent claimed to have some form of environmental risk management in place and 19 percent said they offer environmentally-friendly credit products. But the microfinance sector still lacks a set of established metrics to track their green performance management.
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- Environment, Impact Assessment
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New IFC Report Examines Challenges to Microfinance in the Arab World
A new study from IFC, a member of the World Bank Group, has found that external risks, security concerns, and over-indebtedness are perceived as the most serious challenges facing the microfinance sector in the Arab World.
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- Uncategorized
- Region
- North Africa & Near East
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IFC Lends P700 Million to Two Philippines Financial Institutions for MSME Financing
The International Finance Corporation (IFC) will provide a seven-year loan to CARD Bank, Inc. and CARD SME Bank, Inc. to benefit micro, small, and medium enterprises (MSMEs), microfinance borrowers, and women in rural areas.
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- Uncategorized
- Region
- Asia Pacific
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Indian Microlender SV Creditline Gets $8M From Blue Orchard
Delhi-based microfinance firm SV Creditline Pvt Ltd (SVCL) said on Friday it has raised $8 million (Rs 52 crore) in funding from global impact investment manager Blue Orchard.
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- Uncategorized
- Region
- South Asia
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New Report Calls for Scale-Up of Financial Services “Pathways” to Help End Extreme Poverty
The Microcredit Summit Campaign released its 17th annual survey of the global microfinance industry December 9th at the Inclusive Finance India Summit held in New Delhi, India. Campaign Director Larry Reed featured the publication, "Mapping Pathways out of Poverty: The State of the Microcredit Summit Campaign Report, 2015," in his presentation on Wednesday to attendees of India’s premier financial inclusion conference.
- Categories
- Uncategorized
- Region
- South Asia
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