-
New private equity fund targets microfinance institutions for women
It’s been a while in the making, but this week Women’s World Banking finally closed its first private equity fund to invest in microfinance enterprises that support women.
- Categories
- Impact Assessment
-
Adarsh Credit Co-op Reaches India’s Rural Poor With Mobile Tech
Mobile phones are a key way to expand financial inclusion to rural areas across emerging markets, as M-Pesa has demonstrated in Kenya. In India, Adarsh Credit Co-operative Society reaches one million members through 800 branches and more than 100,000 financial advisors who travel through villages taking deposits or disbursing money by linking to the bank through their mobile phones.
- Categories
- Uncategorized
- Region
- South Asia
-
Mobile money and digitized payments have few takers in India
Lack of awareness and difficult access are the main hurdles
- Categories
- Education
- Region
- South Asia
-
Kenya, Uganda, Rwanda working on cross border mobile money platform
East Africa will soon have a common mobile money platform that will enable users to send money from one country to another without any difficulty under exchange rates approved by central banks.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Tanzania: Missing Link Between Economic Growth, Poverty Reduction
THE much celebrated economic growth in Tanzania and other African countries that are said to make good progress can only have a meaning if there will be myriad poverty alleviation indicators.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
-
Indonesia Receives Us$500 Million from World Bank in Support of Financial Sector Reform Policies
WASHINGTON, July 1 -- World Bank issued the following news release:The World Bank'sBoard of Executive Directors approved today a US$500 millionFinancial Sector Reform and Modernization Development Policy Loan for the Government of Indonesia. The loan supports Indonesia's policies aimed at reinforcing the stability of the financial system, diversifying the financial sector, and expanding financial inclusion to reach the poor and other underserved groups.
- Categories
- Uncategorized
- Region
- South Asia
-
Ugandan banks look to expand reach through agents
At least six banks have expressed interest in using agents to reach out to people outside the formal banking institutions, Bank of Uganda has said.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Impact investor money chasing very few investible companies in India
Venky Natarajan, Managing Partner at impact investment fund Lok Capital, speaks to BUSINESS TODAY about impact investing in India.
- 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.