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Eko named to FastCompany World’s 50 Most Innovative Companies

Eko India Financial Services has been named as one of FastCompany’s World’s 50 Most Innovative Companies, and #4 in India. Amazon, Apple, Facebook, and Google are transformational firms, obsessions of the business world and deservedly so. But if you had to pick, which one would you say is the most innovative–literally, the most innovative company in …
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Microfinance industry optimistic about its future

  Microfinance Focus, March 10, 2012: Mint conclave conference was held recently in New Delhi, India to discuss and debate about current situation and prospect of microfinance business. The event was organized by MINT, a leading Print Media with a joint collaboration between International Finance Corporation (IFC) and Microfinance Institutions Network (MFIN). The conference panelists …
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The Rise of Mexico’s Middle Class – WSJ.com

A stable peso and freer trade have allowed the majority of the population to escape poverty. By MARY ANASTASIA O’GRADY Mexico City Tales of beheadings, bloody shootouts and execution-style murders in this country have overshadowed another story that, in the long view of history, is undoubtedly more significant. It is the rise of a Mexican middle class. …
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Global poverty: A fall to cheer – The Economist

For the first time ever, the number of poor people is declining everywhere Mar 3rd 2012 | from the print edition     THE past four years have seen the worst economic crisis since the 1930s and the biggest food-price increases since the 1970s. That must surely have swollen the ranks of the poor. Wrong. …
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Using Microfinance to Bring Clean Water to India’s Poor

Written By: Tom Murphy; Posted: 03/ 8/2012 3:09 pm Original – http://www.aviewfromthecave.com/2012/03/using-microfinance-to-bring-clean-water.html  Mumbai — A unique public-private partnership involving private sector giants like Unilever and Heinz is improving the health of Indian children. Two hours outside India’s tech hub Bangalore is Krishnagiri the Integrated Village Development Project (IVDP) is using interest-free microfinance loans to increase access to products people …
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IFC To Start $100M Microfinance Debt Fund

Wednesday, 07 March 2012 07:17 International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, along with two other investors, will set up a $100 million debt fund called Micro Finance Initiative for Asia (MIFA), to address the funding needs of microfinance institutions in developing and underdeveloped economies. Final decision will …
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MicroEnsure Ghana to Launch Credit Health Insurance for Microfinance Clients

» Posted by Charlotte Newman in Category: Africa,Microinsurance at 12:08 am The Ghanaian branch of MicroEnsure, a UK-based subsidiary of nonprofit Opportunity International that serves as a microinsurance intermediary, has announced plans to offer credit health insurance to microfinance clients in Ghana. The product will enable MicroEnsure to cover weekly microcredit repayments in the event that the borrower is admitted …
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Financial Innovation and Social Impact – The Economist

Playing with fire Financial innovation can do a lot of good, says Andrew Palmer. It is its tendency to excess that must be curbed Feb 25th 2012 | from the print edition     FINANCIAL INNOVATION HAS a dreadful image these days. Paul Volcker, a former chairman of America’s Federal Reserve, who emerged from the …