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Q&A: Founder of China’s first foundation talks future of philanthropy
China is home to the second largest percentage of the world’s billionaires, but philanthropy there remains a relatively new, emerging trend.
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- Asia Pacific
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- philanthropy
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How AinFin is tackling poverty around the world by increasing access to financial services
The Level39-based fintech company wants to use its Swifin e-money platform to empower communities in Africa and around the world says chief executive and co-founder Dr. Joy Braun.
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Want to Boost Financial Inclusion? Pay Interest on Mobile Money
E-money has been the principal means of increasing access to financial inclusion. Yet most accounts in emerging markets are used only to receive government payments that are then quickly withdrawn as cash. Ross P. Buckley, Louise Malady and Cheng-Yun Tsang say that one way to tackle this problem, and to promote financial inclusion, is to pay interest on e-money.
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Do Credit Guarantee Schemes encourage banks to lend to SMEs?
A lack of access to adequate finance is one of the biggest constraints SMEs face worldwide. It is estimated that between 50% to 70% of SMEs in emerging markets are either not funded or under funded by the formal financial sector.
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- microfinance
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Microfinance Companies in India Seek Life Support
With demonetization being the black swan event for the microfinance industry, players are hard-pressed as they reel under cash-flow issues.
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- South Asia
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- microfinance
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Public Favors Nonprofit over For-profit Social Enterprise
Three consumer psychologists recently performed a series of studies looking at consumers’ reactions to for-profit social ventures in contrast to nonprofits. They try hard to make a case for the proliferation of for-profit social enterprise, but it is pretty clear that the public is still skeptical.
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- North America
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GetBucks $30m issue under subscribed
GetBucks had, through the issue of a medium term note, become the first listed firm to attempt to raise funding on the bourse through the listing of a debt security.
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- Sub-Saharan Africa
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- fintech
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Juvo raises $40 million to bring financial inclusion to emerging markets
Juvo joins companies like Branch and Tala in bringing financial services to the underserved in developing markets.
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