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New MasterCard-SMU Program to Help Promote Financial Inclusion in Asia Pacific
MasterCard and the Singapore Management University (SMU) today announced the launch of a two-year Social and Financial Inclusion Programme.
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- Uncategorized
- Region
- South Asia
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Small Foundations Are Embracing Impact Investing
Paperwork and bureaucracy aren’t just pains in the backside of everyone working at every small business or smaller nonprofit. They’re also barriers to entry — for new people, new ideas and even new sources of capital.Crowdfunding might help level the playing field, but even that has a new set of challenges and limitations. When it comes to improving our cities, who knows how many opportunities to try out new approaches or scale up existing models are falling through the cracks?
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- Uncategorized
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Crowdfunding: Ubuntu Finance in South Africa
Many South Africans dream of getting their concepts off the ground, but they lack the funding to make it reality. Too often their ideas are put on the back-burner for ‘one day’ – when they have accumulated enough wealth; when they finally secure that loan; or when the right investor shows up carrying a suitcase filled with cash.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- crowdfunding, lending
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Mixed Fortunes for Agents as Customers Embrace Direct Cross-Border Mobile Money Transfer Service in Rwanda
Electronic payment systems, like mobile money services, have become one of the most convenient ways of paying utility bills, as well as sending money to the remotest village and buying top-up airtime. From students to the working class, traders, and peasants, anyone with a mobile money service registered cell phone number is one only an agent-away from receiving their cash.
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- Uncategorized
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e-Paisa Starts Accepting Wallet Payments from Paytm, Mobikwik
Payments service provider, Paytm, Mobikwik and Citrus haver tied up with e-Paisa, to enable easy payment option to customers to pay at retail outlets like grocery stores, restaurants and other small brick and mortar merchants through their mobile wallets.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Entrepreneurs Are the Current and Future Solution for Sustainable Global Economic Development
When drawing up plans to help stimulate the economic development of new and emerging economies, the United Nations previously looked to multinational operations that could open new plants and offices in specific countries. However, with the ongoing changes in the business environment, the realization is that these large corporations are no longer the source for job creation and have recently been focused on lean operations and downsizing staff.
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- Uncategorized
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Microfinance Companies in India May Need Rs 2,000-crore in Domestic Equity to Clear Licence Hurdles
Microfinance companies that have been awarded small finance licences may need to mobilise close to Rs 2,000-crore equity between them from local investors to dilute foreign ownership.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
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Study Shows Encouraging Refugee Business Enterprise Could Help Stem Rise of Terror Gangs
A new study has shown that Kenya could reap enormous benefits by helping refugees start small businesses thus curbing the emergence of terror gangs within refugee camps.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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