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IFMR group looks to appoint investment banks for share sale
IFMR group, which provides financial services to lower income population and the companies serving this segment, plans to go public and is in talks to hire investment banks for the same, two people aware of the development said.
- Region
- South Asia
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This Social Entrepreneur is Creating Employment in Underserved Areas
Started in 2014, the non-profit body focuses on youth and women from ages 18-25 in the most rural parts of the world. The initiative builds conscious enterprises and undertakes income enhancement initiatives for indigenous and underprivileged communities by engaging urban leaders and start-ups.
- Categories
- Uncategorized
- Region
- South Asia
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MTN and Vanu partner to bring connectivity to rural Rwandans
MTN and Vanu have announced the integration of the two networks with an aim to extend MTN’s Network in rural areas which are currently unconnected in Rwanda.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Microloans: Boon or bane for Cambodia’s rural poor?
Microfinance evokes both wariness and optimism here in the Cambodian countryside, where low incomes and savings mean farmers often borrow small sums at high interest rates to fertilize their plots.
- Categories
- Uncategorized
- Region
- Asia Pacific
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How This Chinese Fintech Company Is Innovating by Leasing Cows
While global investors have often honed in on China’s booming urban centers, Chinese financial tech firms are beginning to look at the middle kingdom’s increasingly affluent rural, farming-based consumers.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
- Tags
- fintech, rural development
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Something Doesn’t Add Up: Improving Basic Math Skills Among Microentrepreneurs in Rural India
Running any business requires a basic knowledge of arithmetic. Entrepreneurs need to calculate change due on a sale, profits and loss, commissions on product sales, and interest rates on loans. If they can't, their business will likely struggle. As part of a study to identify whether basic math skills contribute to entrepreneurial success in rural India, Madura Microfinance assessed the numerical capabilities of microentrepreneurs. The results were surprising – and somewhat alarming.
- Categories
- Education
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Why We Broke Up the Company: A Former CEO of M-Agri Pioneer Esoko Explains
After a rapid revenue increase and the development of a mobile commerce platform, Esoko saw that it had some challenges balancing its very different product lines. Former CEO Hillary Miller-Wise walks us through the m-agri pioneer's decision to spin off into two companies.
- Categories
- Agriculture, Social Enterprise, Technology
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$1.5 Billion Microgrid Market Opportunity Emerges in Kenya
A confluence of innovation, risk taking, and public and private effort has created a five-year, $1.5 billion microgrid market opportunity in Kenya, leading Germany’s TFE Consulting to dub the East African nation, “The World’s Microgrid Lab.”
- Categories
- Energy
- Region
- Sub-Saharan Africa