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India’s Women Business Correspondents are Struggling: Three Steps to Increase Their Viability – And Boost Financial Inclusion
India is home to 17% of the world’s total female population, yet persistent gender gaps exist in the country's labor force – and its financial inclusion efforts. As Gaurav Sinha and Manpreet Kaur at Grameen Foundation India explain, these gender issues also impact India's Business Correspondents (BCs) – retail agents engaged by banks to provide financial services outside of bank branches or ATMs. They discuss how Grameen Foundation's Mittras program is addressing the obstacles faced by women BCs, and explore three ways to better support them.
- Categories
- Finance
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Building a Transformative Gender Approach into Graduation Programs: Lessons Learned from a Three-Year Initiative in Latin America
Latin America is home to 86 million people living in extreme poverty – and women in the region are particularly impacted. Graduation programs have shown their effectiveness at addressing the multi-dimensional challenges of poverty, but Laura Morínigo and Carolina de Miranda at Fundación Capital argue that these programs must do more to address gender inequalities. They discuss the results of an initiative that integrated a transformative gender approach into poverty graduation, and explore how this approach can amplify these programs' impact on women.
- Categories
- Finance, Technology
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Pandemic Sends 4.7 Million More People Into Extreme Poverty in South East Asia – Asian Development Bank
The pandemic added 4.7 million more people to Southeast Asia's most extreme poor in 2021, reversing gains made in fighting poverty, the Asian Development Bank (ADB) said.
- Categories
- Coronavirus, Health Care
- Region
- South Asia
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Analysis: The Currency More Valuable Than Crypto: Trust
With the pandemic deepening inequality and underscoring the need for healthcare, education, environmental action and so many other services provided by nonprofits, building trust with stakeholders is more important than ever.
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- Agriculture, Impact Assessment, Investing
- Region
- Global
- Tags
- data, poverty alleviation
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Analysis: Africa’s Agripreneurs Pay a High Price for Start Up Finance — Global Issues
Africa has pinned its hopes on agriculture for the creation of jobs and the resulting reduction of poverty. But its role is being stymied by the high cost of financing.
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- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Press Release: Opportunity International and Oikocredit Announce USD $100 Millon Impact Investment Agreement to Advance the Education Sector in Low-income Countries
Opportunity International and Oikocredit announced an innovative, three-year collaboration to increase access to and quality of education in low-income countries
- Region
- Global
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COVID Has Spurred a Digital Cash Revolution in Developing Countries
Alongside the setbacks, the past year has also seen low- and middle-income countries safeguard much of the progress they’ve made in various development areas.
- Categories
- Coronavirus, Finance, Technology
- Region
- Global
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An Innovative Approach to Income Volatility: How One Company Is Bringing Income Pooling (Back) to the United States
Low-income communities in emerging markets around the world use income pooling groups to recover from financial shocks or save for much-needed expenditures. As Sarmed Rashid at Pando explains, the practice allows group members to manage their income volatility – a challenge also faced by many professionals in the United States. He explores how Pando is seeking to serve these individuals by creating, organizing and managing income pools for Americans working in entrepreneurship and sports, while aiming to expand its focus to include poverty alleviation and economic development.
- Categories
- Finance