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Press release: ‘Easypaisa Loan’, Pakistan’s First Digital Nano Loan Launched By Telenor Microfinance Bank
This innovative service is aimed at the common man who has no access to formal loans or banking services. It enables easy access to working capital requirements for farmers, self-employed individuals, street hawkers, and home-based workers. It also works as an effective tool in creating financial literacy by incentivizing positive credit behavior through access to better borrowing terms.
- Categories
- Finance
- Region
- South Asia
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World’s Biggest Toilet-Building Spree Is Under Way in India
The scale-up of latrines and a nationwide campaign to encourage their use is driving a market for toilet-related products and services that’s predicted to double to $62 billion by 2021.
- Categories
- WASH
- Region
- South Asia
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WhatsApp Payments India launch delayed as Facebook awaits government’s nod
In an earnings call with analysts after reporting its Q2 2018 results, CEO Mark Zuckerberg said the company has been testing the payment feature on WhatsApp in India for some time.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Industry body seeks government intervention to tame errant microfinance practitioners in Sri Lanka
LMFPA aims to self-regulate its 76 members through the code of conduct, particularly avoiding over indebtedness, maintaining transparency, promoting good recovery practices and maintaining healthy competition. Nafeer noted that an independent board would investigate the complaints lodged against its members and will take punitive action against errant members by terminating their membership if they continue to breach the code of conduct and same will be advertised in print media to inform the public.
- 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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How a tiny Indian state is battling joblessness through entrepreneurship
A nationwide survey in 2016 said the state had the best working conditions for women in India. The literacy rate is seventh highest and its young are educated but, without jobs, drifting into drugs and despair.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- employment, youth
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Sri Lanka Finance Minister Announces Cap on Microfinance Interest Rates
A cap on interest rates charged by micro-finance companies has been a long-term demand of groups agitating against exploitative loan schemes targeting the country’s poorest people.
- Region
- South Asia
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Press Release: Social Alpha and Tata Trusts – PATH Impact Lab launch ‘Quest for Healthcare Innovations’ in India
The Social Alpha Quest for Healthcare Innovations program will primarily focus on adoption and scaling of innovative products in order to accelerate development, positively impact public health outcomes and achieve global product standards.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health, startups
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