Financial accessibility and management
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Rajawali’s Express Taxi: Working with Taxi Drivers as Business Partners in Indonesia
The 1997 Asian financial crisis created a job vacuum in Indonesia, with companies forced to lay off 1.4 million workers. A decade later, unemployment rates continue to rise and poverty defines the context for Indonesia’s economy, social relations and security. Express Taxi, a subsidiary of the...
Partnerships allow Rural Finance Corporation to promote rural development in Moldova
Rural Finance Corporation (RFC) is a non-bank for-profit financial institution that has been functioning on the financial market of the Republic of Moldova for 10 years. Its mission is to directly take action against poverty in Moldova and promote rural development, offering favorable financial...
Public-private partnerships provide microfinance to remote regions of Voronezh Oblast
The Voronezh Oblast State Fund for Small Business Support (hereafter referred to as ‘the Fund’) in cooperation with a multitude of partners started in 2009 to provide microfinance services and mobile banking for micro-and small businesses in the remote regions of Voronezh Oblast. The...
Partnership between UNDP and World LP Gas Association provides clean energy to rural areas of Morocco
In many developing countries, including Morocco, there is still a high dependence on traditional biomass fuel in rural areas, which has many negative consequences, such as deforestation, greenhouse gas emissions, health issues and gender inequality. Liquid Petroleum Gas (LPG) represents a safe and...
Venture capital for low-income markets in Latin America and the Caribbean
Investing in housing, healthcare, education, basic utilities and nutrition can not only fulfill a social mission, but it can also be a profitable business venture.
Chilean bank pursues business opportunities in the low-income microenterprise market
Where others see obstacles, Chile’s Banco de Crédito e Inversiones (BCI) sees opportunities.
How financial illiteracy becomes both the cause and consequence of economic inequality
This is a blogpost on the CRS newswire that questions the usefulness of CSR programmes provided by banks and other financial institutions.
Vortex Engineering and Wizzit Bank announce new banking services for the rural poor
Two companies have announced that they will be providing banking services to more than 30 million low-income people in India and South Africa by 2015 through their commitments to the Business Call to Action (BCtA), a global initiative that encourages private sector efforts to fight poverty.
Banks team up with Endeavour to provide training for SMEs in Brazil
The Inter-American Development Bank (IDB) is teaming up with Banco Itaú and Endeavour Brazil to provide training for small and medium-sized companies in Brazil that are interested in developing high-quality products and services to the neediest population in the country, in the so-called base of...
Standard Chartered Bank (SCB) in Nepal lends directly to small farmers
Standard Chartered started developing a formal microfinance programme in 2004, and is now active in Nepal, India, Pakistan, Ghana and Bangladesh.