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Tiny Loans Are Big Business Once Again in India
Lending to India’s poor is a good business once again.
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- Uncategorized
- Region
- South Asia
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From Corner Store to Microfinance
With a master's degree in social work and a Ph.D. in marriage and family therapy, Antoinette Temporiti spent 30 years counseling individuals and families. She specialized in working with young adult victims of sexual abuse and loved her career. But a trip to Africa in 2004, when she was 54 years old, set her on a new path.
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What prompts banks to cut home loan rates in India?
Top three home loan institutions- HDFC, SBI, ICICI Bank - have reduced home loan rates by 15-25 basis points last week to catch borrowers in a fiercely competitive market. Their offerings are only for new loans though.
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- Uncategorized
- Region
- South Asia
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- lending
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Small loans a big help for typhoon survivors in the Philippines
The typhoon affected more than 13 million people, including 5 million children, according to the U.N. Office for the Coordination of Humanitarian Affairs. Even before the storm, nearly 44% of Filipinos lived on less than $2 day and there are now fewer resources than ever to help those in need.
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- Uncategorized
- Region
- Asia Pacific
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Solving a $2.5 Trillion Problem: Can innovations in credit scoring give credit where it’s due?
Micro, small and medium-sized enterprises have a combined credit need of up to $2.5 trillion globally. This need is due to an intractable standoff between lenders desperate to capture this market, and borrowers unable to convey their creditworthiness in the antiquated ways demanded of them. Could credit scoring innovations utilizing non-traditional data ease the standoff?
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- Uncategorized
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- credit scoring, lending
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ADB clears $700 mn loan for Indian infrastructure development
The Asian Development Bank (ADB) has approved $700 million in loans to support the Indian government's efforts to accelerate investment in infrastructure which the country requires to ensure strong economic growth.
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- Uncategorized
- Region
- South Asia
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- infrastructure, lending
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Colombia to improve capital city’s public transport system with IDB loan
Colombia will improve its public transportation system in Bogota with a $40 million loan approved by the Inter-American Development Bank (IDB), making its hallmark bus system better as well as cleaner.
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- Uncategorized
- Region
- Latin America
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- infrastructure, lending
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Making Financial Inclusion a Global Reality by 2020: Financial Inclusion 2020 invites nominations for the Global Forum, Oct. 28-30, 2013
Financial Inclusion 2020 (FI2020) is building a movement that mobilizes stakeholders around the world to achieve financial inclusion by 2020. To help map an action agenda for achieving that goal, the project is organizing the Global Forum on Oct. 28-30, 2013 in London. It has a very limited number of seats available, but is accepting nominations for senior executives and thought leaders to attend.
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- Uncategorized
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