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Viewpoint: How The Trump Administration Will Affect Nonprofits, Social Entrepreneurs
There has been an unusual amount of handwringing over the outcome of the presidential election, including protests that have turned violent in some cities. I wanted to know how President-Elect Trump will impact social entrepreneurs and nonprofits.
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- Uncategorized
- Region
- North America
- Tags
- philanthropy
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To save its currency, Nigeria’s central bank wants people jailed for holding on to US dollars
Nigeria has tried a range of strategies to stem a trouble currency slide as well as manage its mounting economic crisis. The latest strategy could see it jail its own citizens.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- regulations
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Accion Venture Lab Completes First Successful Exit in India-Based Lender Varthana, Generating Financial and Social Returns
Accion Venture Lab, the seed-stage investment vehicle of financial inclusion leader Accion, announced today that it has successfully exited an investment for the first time. Venture Lab has sold its stake in Varthana, a company providing specialized loans and support to affordable private schools in India, promoting access to and the quality of education for India's poor and emerging middle class.
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- Uncategorized
- Region
- South Asia
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‘Inclusion is Not an End in Itself’: Takeaways from MasterCard Foundation’s Symposium on Financial Inclusion
Financial services providers need a mind-shift, says MasterCard Foundation's Ann Miles: They should not only focus on increasing uptake of a new product or service, but on the lifetime value these offerings have for customers. Their goal should be not just to increase access to formal financial products and services, but to help end-users integrate these new tools into their daily lives.
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- Uncategorized
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Demonetization Seems Like Deflation for Many People in India; Danger Signal for PM Modi
Narendra Modi talked emotionally about his commitment to eliminating black money yesterday (13 November) and sought 50 days to fix the cash crisis created by the demonetisation of Rs 500 and Rs 1,000 notes. Actually, he has far less time than that as the ordinary citizen’s patience is wearing thin after hours of standing in the sun before bank branches or ATMs. Modi has a potential PR disaster and political setback to reckon with.
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- Uncategorized
- Region
- South Asia
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Demonetization Turns Out to Be a Double Whammy for India’s Microfinance Sector
The demonetisation of high-value currency notes has come as a double whammy for micro finance institutions (MFIs), which have temporarily stopped providing credit to their customers while loan repayments have also taken a major hit, industry sources said.
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- Uncategorized
- Region
- South Asia
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India’s microfinance firms scramble to react to government’s ban on high-value currency
Microfinance companies, which work in the grassroot level and handle cash more than any other institutions, are in complete quandary on what strategy they should adopt now as far as accepting high value currency notes goes.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Kenya urged to adopt Islamic Microfinance to tackle poverty
Participants in the Global Islamic Microfinance Forum at the Intercontinental Hotel in Nairobi. Kenya has been urged to adopt Islamic microfinance business models to help lift many families out of poverty and boost financial inclusion of disadvantaged groups in the country.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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