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NexThought Monday: Poverty, Identity and Design
I have been, in a short stretch of time, to Buffalo, Nairobi, Mexico City; and Detroit. Each of these cities has its own colorful, distinct identity, and shares in common (but not exclusivity) a struggle with deeply-rooted poverty. While it’s difficult not to compare the causes and commonalities of poverty in these vastly different places, it’s more useful, perhaps, to explore the role that identity might play in solving it.
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- Uncategorized
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GroFin Expands Pool of SME Funding to $323 million, Enters Three New Countries
GroFin, the multinational pioneer of growth finance working to create real impact through the support of small and medium businesses, has announced a growth in funds under management from $260 million to $323 million.
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- Press Release
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- Impact Assessment
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- North Africa & Near East
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Tigo Helps Remittances Go Mobile
In countries like Guatemala, remittances from migrant workers in the U.S. are critical to the economy. Tigo, an international telecom, has a unique plan to use mobile banking to simplify a trying process.
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- Uncategorized
- Region
- Latin America
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Facebook-style Microcredit Site Helps China Farmers
BEIJING: Dairy farmer Deligeerma needs 642 to buy fodder for her cows during the harsh winter months in northern China. So far, she has received 149 in pledges from four people around the world.
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- Agriculture
- Region
- Asia Pacific
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What Went Wrong with Microfinance?
Long before “99%” became a symbol of Occupy Wall Street, the microfinance industry used the number to describe the share of its clients — poor entrepreneurs shunned by traditional banks — who repaid their micro-loans on time. It’s a number used less and less in microfinance these days — not because of Occupy Wall Street, but because many micro-borrowers are starting to default.
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- Uncategorized
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For a New Highway, from Rio to Delhi
Brazil and India can benefit from each other's experience for an inclusive development agenda.
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- Uncategorized
- Region
- South Asia
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N Sundaresha Subramanian: Why the SME Exchange Needs a Big Hand
For the third time in the Indian stock market history, small and medium enterprises (SMEs) now have a new platform to access funds from people other than friends and family in the Bombay Stock Exchange (BSE) SME exchange that completed its first initial public offer (IPO) in February.
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- Uncategorized
- Region
- South Asia
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Kiva and Silatech Launch Online Entrepreneur Micro-loans
Online micro-lending platform Kiva has announced a partnership with Qatar's Silatech to develop an online funding programme for young Arab entrepreneurs.
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- Uncategorized
- Region
- North Africa & Near East
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