-
Initiative for Inclusive Investment in Mexico (3im) Announced to Grow Investment in Mexico Through the Inclusion of Displaced People
The Mexican Secretariat of Foreign Affairs (SRE) will accompany a group of cross-sector partners including the Refugee Investment Network and 17 Asset Management today to announce the Initiative for Inclusive Investment in Mexico (3IM). 3IM is a new cross-sector, cross-border partnership that will attract long-term strategic growth capital for investments in Mexico through the inclusion of displaced people in economic development projects.
- Categories
- Investing
- Region
- Latin America
-
In a Kenyan Refugee Camp, Business Ideas but Little Access to Credit
Refugee camps like Kakuma are effectively large towns with their own mini-economies. Although remote, Kakuma has a population of more than 185,000 people. Refugees here come from many backgrounds, and money circulates as they take on casual odd jobs – from construction to washing clothes – or start small businesses.
- Categories
- Entrepreneurship, Finance
- Region
- Sub-Saharan Africa
-
In Uganda, a unique urban experiment is under way
A great experiment is under way in Uganda. An industrial skyline of water and cell towers hovers over sturdy mud huts and small farm plots. Schools and health centers are built from brick, slathered in concrete, and fitted with glass windows. Taps run freshwater, and small solar panels power streetlights, as well as radios blasting music from barbershops, televisions airing soccer matches in community halls, and cell phones snaking from charging stations in shops.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Sparrow’s RefugeeMobile Program Shows Smartphones Help Refugee Families Arriving in the US Resettle More Successfully
The results are in: research shows that smartphones help refugees resettle more successfully. RefugeeMobile, a smartphone program launched in May 2016 with the goal of helping refugee families arriving in the US resettle more successfully, has developed a proven program for refugees who have access to smartphones and data service. Recipients are more likely to integrate, be employed, and have higher paying jobs, according to new research.
- Categories
- Technology
-
Hidden Opportunity: How Investors Can Unlock the Potential of Refugee Entrepreneurs
Globally, almost 70 million people were displaced as of 2017. But though this refugee crisis is serious and growing, a more hopeful narrative is being overlooked, say John Kluge and Tim Docking at the Refugee Investment Network. Refugees are natural entrepreneurs whose businesses can make a major impact on themselves, their families and their communities – an impact that would grow with more investor support. Kluge and Docking discuss a recent RIN report that explores the emerging “refugee investing” movement, and why it represents an exciting field in impact investing.
- Categories
- Entrepreneurship, Investing
-
Boycott Myanmar: An Open Letter to the Microfinance Community
In response to global events, microfinance has quickly ramped up its focus on refugees. But when those refugees are the Rohingya – the Muslim minority being expelled from Myanmar (and the world’s latest victims of genocide) – this new focus raises some difficult questions, says Daniel Rozas. Why isn’t anyone in the sector talking about the unspeakable atrocities being conducted and condoned in one of the fastest-growing microfinance markets in the world? “There is no way around it: When we work in Myanmar, we are complicit in ethnic cleansing,” Rozas says, in a bold call for a country-wide boycott.
- Categories
- Finance
-
Fintech MyBucks Brings Banking to African Refugee Camp
At a refugee camp in Malawi in southeast Africa, a fintech and its bank subsidiary are helping to turn a seemingly hopeless situation into the beginnings of a prosperous community.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Cash is replacing other forms of aid, even in conflict zones
Giving cash to poor people is not a new idea. The UN sends money direct to bank accounts it sets up for Syrian refugees in Jordan; many countries use cash transfers as part of their social safety nets. What is new is donors’ willingness to give out cash in war zones.
- Categories
- Finance
Parent Organization
