-
Study: Many South Africans ill-equipped to make sound money decisions
A considerable portion of South African adults may not be adequately equipped to make key financial decisions, a new financial literacy study has found. While there was broad evidence that South Africans had a positive attitude towards saving, personal and macroeconomic realities often hindered their savings behaviour, Benjamin Roberts, senior research manager at the Human Sciences Research Council (HSRC), said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Indian MFI group to refuse loans to defaulters of any member firm
A lobby group of microlenders on Tuesday decided to disallow loans for new applicants who have previously defaulted on repaying any other lender.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance
-
Has the Indian Government’s Microloan Scheme Been Successful?
The government’s micro loan scheme, going by the moniker Pradhan Mantri Mudra Yojana, has disbursed Rs1.53 trillion worth of loans so far in 2016-17, which represents a 15.04% growth from the previous fiscal year. Recall that in fiscal year 2016 (FY16), when the scheme was first implemented, disbursements had exceeded the target specified by that year’s budget.
- Categories
- Uncategorized
- Region
- South Asia
-
Indian Entrepreneurs Compete in the Inclusion Plus Final Round
Artoo, Badhti Bachat of Janalakshmi, Shram Sarathi, Suvidhaa Nanocredit and Swadhaar Saathi have been selected as finalists in the third wave of Inclusion Plus, a global competition, managed by Verb, Inc., for entrepreneurs to accelerate financial inclusion.
- Categories
- Uncategorized
- Region
- South Asia
-
Raj Panjabi Named Recipient of 2017 Skoll Award for Social Entrepreneurship
Having just been named among Fortune magazine's "World's 50 Greatest Leaders," Dr. Raj Panjabi, an Indian American social entrepreneur originally from Liberia, was named the recipient of a 2017 Skoll Award for Social Entrepreneurship.
- Categories
- Uncategorized
- Region
- South Asia
-
Can Red Bull Make Social Entrepreneurship An Extreme Sport?
As a college student in Johannesburg, South Africa, Thato Kgatlhanye, thought up a clever product to improve both the environment and the lives of school-age children living in the struggling, largely rural communities that surrounded her: a backpack made of recycled plastic bags with a solar-charged light attached. The bag itself would reduce waste and trash heaps in the region. At night, the light could act like a lantern allowing kids without electricity to continue studying after dark.
- Categories
- Uncategorized
- Region
- Latin America
-
Dollar by Dollar or Goat by Goat: How Financial Health Translates Across Oceans
The Center for Financial Services Innovation, in partnership with the Center for Financial Inclusion at Accion and funded by the Bill & Melinda Gates Foundation, explored how a U.S.-oriented financial health framework could translate into a developing world context. They discovered that the concept of financial health resonates just as strongly in lower-income countries as it does in the United States.
- Categories
- Uncategorized
-
Don’t call her start-up a social enterprise
Just don't call it a social enterprise. It makes Woomentum founder Mouna Aouri, 42, "boil internally".
- Categories
- Uncategorized
- Region
- South Asia
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.