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Leveraging Loyalty: How m.Paani is mobilizing BoP consumer behavior for social good – Part 4 of our Digital Finance Plus series
Whether they’re frequent flyer miles or credit card rewards points, loyalty programs are a mutually beneficial way for companies to build relationships with customers. m.Paani is using digital finance tools to take that model in a new direction, by connecting BoP households’ commercial and social behaviors to points that can be redeemed for socially beneficial rewards.
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- Health Care, Impact Assessment, Technology
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eKutir’s VeggieLite gains Gates Foundation grant
eKutir’s new project VeggieLite is a recipient of Grand Challenges India 2014, supported by the Gates Foundation, USAID and DBT, the Indian government’s anti-poverty scheme.
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- Agriculture, Environment, Health Care
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OPINION: Microfinance institutions cannot end mass poverty in Uganda
Microfinance institutions in Uganda have over time increased especially after the liberalisation of the economy in the 1990s. Since independence, the government has initiated credit funding, anticipating a significant reduction in household poverty. However, recent studies indicate that poverty is more of a socio-cultural problem that manifests itself economically to its victims.
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- Impact Assessment
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Tanzania: Microinsurance Must Be Promoted Aggressively
TANZANIA is currently working on the best approach to increase the micro insurance coverage so that low income earners can easily access it as well as other financial services.
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- Impact Assessment
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India’s Bandhan aims to replicate its microfinance model as a full-fledged commercial bank
Having started commercial micro-finance operations in 2005, Bandhan Financial Services Pvt Ltd is now set to become a full fledged commercial bank, headquartered in Kolkata. In an interview to Business Line, Chairman and Managing Director Chandra Shekhar Ghosh explains why Bandhan bank will bring a common man’s perspective into banking.
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New report: Social Impact Bonds could boost development and job creation in South Africa
Social Impact Bonds (SIBs) hold tremendous potential for government to increase effective support for struggling entrepreneurs in South Africa, according to a new report presented to the National Treasury, the Jobs Fund, and the dti.
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- Impact Assessment
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Capital Commitment to support Early-Stage Businesses in East African Communities
JPMorgan Chase and the UK Department for International Development will kick start promising businesses in East Africa through a new joint investment in Novastar Ventures. The new $5 million investment by JPMorgan Chase will be matched by an additional $15 million from DFID as part of its first ever Impact Investment Fund. Launched in 2013, the fund is managed by the CDC, the UK's own Development Finance Institution.
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- Uncategorized
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C S Ghosh: Tied to the bottom of the pyramid
Chandra Shekhar Ghosh has come a long way - from Tripura to Bangladesh to West Bengal to now the national scene. The microfinance organisation Bandhan, which he founded in 2001 and helped grow, has won the right to become a full-fledged commercial bank that can and will have its branches from Srinagar to Thiruvananthapuram in the not too distant future.
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- Uncategorized