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India Post Payments Bank Launch Eyes Financial Inclusion
The financial institution (FI) is now reportedly set to open an additional 648 branches throughout the country this month. In fact, there will be at least one branch in every district.
- Region
- South Asia
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Glasses Study Shows Huge Productivity Boost for Workers
A landmark study, published today in The Lancet Global Health, shows how a simple pair of glasses can boost workers’ productivity and reduce poverty.
- Categories
- Health Care
- Region
- South Asia
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India’s Banking Revolution Has Left Its Villagers Behind
Because Modi’s government effectively forced poor citizens into the banking system by linking some welfare benefits to bank accounts, villagers have ended up stuck in long queues and struggling with ATMs that often run out of cash or break down.
- Region
- South Asia
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Mini-grids could be a boon to poor people in Africa and Asia
Vijay Bhaskar of Mlinda says a big mistake in development has been to assume that, once people are hooked up to electricity, businesses will automatically flourish. People have to be taught how to make the most of power, he says. “Bringing energy is the easy part. The hard part is finding productive ways to make use of it.”
- Categories
- Energy
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Adversary to Ally: Why My Social Enterprise Joined Forces with a Competitor
"Collaboration" is a popular buzzword in the social impact sector, but many energy access firms ventures invariably find themselves vying with one another for customers and resources. Anya Cherneff, founder of Empower Generation, chose a different direction to grow her business' mission of empowering rural female entrepreneurs: She joined forces with Pollinate Energy – a key competitor. Cherneff discusses the decision – and its ongoing impact on both companies – in this insightful post.
- Categories
- Energy, Social Enterprise
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Press release: Village Enterprise Promotes Campaign to End Poverty in Times Square
"Village Enterprise provides rural Africans living in extreme poverty with the tools and resources they need to start sustainable businesses and savings groups," said Village Enterprise CEO Dianne Calvi. "With the profits and savings from their businesses, entrepreneurs can send their children to school, feed their families more nutritious food, and break cycles of poverty that can span generations."
- Region
- Sub-Saharan Africa
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Tata Trust’s FISE develops low-cost portable MRI scanner to take health services to rural India
In a statement to the press, FISE said that the 1.5 Tesla whole body MRI scanner can make MRI scans four times faster, compared to other scanners that are currently available in the market while consuming less power and being light weight hence easy to carry.
- Categories
- Health Care, Technology
- Region
- South Asia
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BBOXX secures a deal in DRC to deploy off-grid solar solutions
Next generation utility BBOXX has signed a pioneering deal with the government of the Democratic Republic of Congo (DRC), which will bring renewable electricity to 2.5 million citizens in the DRC by 2020.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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