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Bangladesh Introduces Cash Incentive for Poor Pregnant Women and Children
Bangladesh has introduced cash incentives for poor pregnant women and under-5 children in some selected districts to lure them into facilities for health and growth check-ups.
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- Health Care
- Region
- South Asia
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You Need a Banking Law to Create a Bank for the Poor
Muhammad Yunus, the founder of Grameen Bank and a proponent of 'social business', a not-for-profit business model to combat unemployment and other social evils, does not mince his words when it comes to micro-credit for the poor. The Nobel Peace Prize winner is dismissive about some recent innovations in the microfinance sector and warns about the direction they are taking. He also believes that micro-credit should be kept outside political influence to run it as a sound financial institution. "The best scenario," he says, "is when a micro-credit bank is owned by the poor." Excerpts from an interview with Shamni Pande:
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- Uncategorized
- Region
- South Asia
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Viewpoint: To Reach India’s Rural Poor, Why Not Try Television Banking?
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was envisioned to provide universal financial inclusion to rural and urban households. The mission includes not only providing universal banking access to all households but also micro-insurance. The government and commercial banks have accomplished the remarkable feat of opening 12.8 crore accounts within the last six months. While this is a laudable achievement, a number of issues related to servicing these accounts, mostly in remote and far-flung areas, may need to be addressed.
- Categories
- Technology
- Region
- South Asia
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Press Release: Ennovent’s Impact Investment Holding invests in Anant Learning
Members of the Ennovent Circle, the Ennovent Impact Investment Holding and Upaya Social Ventures, closed a seed investment round in Delhi-based Anant Learning & Development.
- Categories
- Investing
- Region
- South Asia
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Viewpoint: Can a Starbucks Model Educate the World’s Poor? Top Tech Funders Think So
Bridge International Academies is intent on disrupting education in Africa and other poor parts of the world. And with big backers like Bill Gates, Mark Zuckerberg, and Pierre Omidyar, the company has lots of momentum right now.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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The Mysterious Disappearance of Poverty
How do you help the poor? It is a very old question. The Roman emperor Nero found the answer in the advice of Stoic philosophers like Seneca, and built an awe-inspiring palace covered in gold leaf. This would fill the lower classes with gratitude for being blessed with such a glorious leader. Perhaps not coincidentally, the Roman senate ended Nero’s reign by ordering him to commit suicide four years later.
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- Uncategorized
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‘This isn’t what we had once hoped it would be … so what should we do?’: Dean Karlan discusses the influential new studies on microcredit’s social impact
Discussion of the six recent microcredit RCTs has followed two general tracks. Within the sector, it has focused on how the studies can be used to improve products and social impact. But outside the sector, it has focused on how microcredit hasn’t lived up to the hype. Both of those currents came to the fore in our Q&A with Dean Karlan, President and Founder of Innovations for Poverty Action.
- Categories
- Education, Impact Assessment
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3 Ways to Fight Financial Exclusion
Inclusion is one of the hottest development topics of 2015. Being excluded, financially or socially, perpetuates unemployment, inequality and poverty. With 1.8 billion young people in the world, and this number growing most rapidly in the countries with the highest rates of exclusion, we can’t afford to hesitate in addressing this problem.
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- Uncategorized
