Finance/Credit

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Evening Edition

Headlines from around the block:

What policies can inspire men to end violence against women? This was the topic of a conference held in New Delhi, recently. The discussion hoped to begin a

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Chicago Microfinance Competition

From Microcapital.org:

Brought to you by students from the University of Chicago Graduate School of Business, the Harris School of Public Policy Studies and the Kellogg

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SMS Banking for the Village

Microcapital.org reports that Centurion Bank of India (CBoP) intends to unveil a platform that will enable people in the rural areas of India use banking services via text messages.

For instance, if a farmer wants to purchase fertiliser, he can

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Microfinance for Macro-disasters

From Microcapital.org:

The Quick Centre, a knowledge sharing platform for microfinance practitioners, went live in February 2008 … Their aim is to serve the larger development community by facilitating the exchange of existing documentation

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Forbes Magazine: Dearth of innovative SMEs not from lack of $, but lack of trained entrepreneurs

Studies have estimated that over $1 billion in possible venture capital financing has been infused into India in 2007. Instead of spurring a wave of innovative startups, however, this influx in capital has remained just that — surplus of capital.…

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Sex Worker Bank in Mumbai

Not exactly one of the most glamorous demographics to cater to, sex workers symbolize so much of what can be described as structural or systemic poverty. The squalor of the red-light districts in the urban areas of India do not…

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Reforming Microfinance: Bhandan looks to scale it up

Earlier today I posted and Op-Ed on why I believe that microfinance is an incomplete solution to ending poverty because it does not lead to job creation — a necessary precondition for development. This concern has clearly been considered…

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Tsunami Microinsurance

From :

A new health insurance plan will enable the poor in India to buy health insurance for less than 10 cents a month, and it will cover natural disasters including Tsunamis.

The

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Op-Ed: Microeffect of Microfinance

A recent article in the New Yorker echoed sentiments expressed by many venture capitalists that have begun to shift their focus on the developing world and BoP markets that microfinance, while an amazing concept for enable entrepreneurs, cannot…

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Goldman Sachs to Provide Management Education to Women Social Entrepreneurs

While the work of microfinance institutions such as Grameen Bank and Unitus have done wonders to empower women in developing countries, these budding entrepreneurs continue to lack any formal business training. To address this dearth in education, Goldman Sachs announced…