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Here is why the World Bank withheld aid to Uganda
World Bank President Jim Yong Kim stopped by The Washington Post on Thursday to chat about some of the changes under way as the bank moves to eradicate extreme poverty by 2030. Throughout discussions about energy projects in the Democratic Republic of Congo, deficits in Indonesia and private sector growth in Burma, one key concern kept coming up: What role should the World Bank play when conflicts arise in member nations?
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Microfinance Can Be…: Month of Microfinance aims to “radically transform” microfinance, bring the focus back to clients
Microfinance was intended to be about clients, and designing products that would meet their financial needs. But in her research on MFIs, Laura Dick found that all too many seemed more interested in their repayment numbers or other institutional goals. The Month of Microfinance was launched, she says, to refocus the sector on the needs of the poor and radically transform it from the inside out.
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- Impact Assessment
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Claims processing time critical to microinsurance success in Nigeria, stakeholders say
For effective take-off and maximisation of microinsurance opportunity in Nigeria following the release of operational guidelines by the National Insurance Commission (NAICOM), operators must work on claims processing time for the project to succeed.
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An Open Letter to Larry Page: Paul Polak urges Google CEO to invest in for-profit poverty alleviation
Google CEO Larry Page recently said he’d rather hand over his cash to Elon Musk, of Tesla, than donate it to a philanthropic organization. In an open letter, social entrepreneurship veteran Paul Polak suggests a third way for Google to make money and help the poor.
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Banks Outshine Agriculture, Manufacturing in GDP Input in Rwanda
Prime Minister Pierre-Damien Habumuremyi, yesterday, presented to both chambers of Parliament highlights of the performance of the service industry with focus on financial institutions, noting that the country is on course to achieving its targeted financial inclusion.
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Grameen Foundation announces funding boost for microfinance activities in Latin America
US charitable foundation Grameen Foundation has announced new $500,000 match funding backing to aid its Last Mile Initiative, that’s helping lift communities from rural poverty, including farmers in Colombia and Guatemala...
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- Agriculture
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OPINION: Rise of social impact investing lays to rest the notion that greed is good
Do we really invest to make money? Yes, if you make money the old-fashioned way. You look at the trade-off between risk, return and liquidity and make the investment if it yields a return that you feel happy with, relative to the risk, with the liquidity you want.
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- Impact Assessment
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‘Learning together’ to grow a business in the plains of Tanzania
When Hailey Chalhoub and Eliza Madden, both 22, were sent to Tabora in northeastern Tanzania to help its residents with a nascent food processing business, they had their marching orders: make a profit.
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- Education, Health Care