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February 6, 2013
40 per cent of Ukrainian water, waste water infrastructure critically degraded
According to the Ukrainian National Commission for Public Utilities Regulation group, nearly 40 per cent of Ukrainian water supply and wastewater networks are in a severely degraded condition. Read more here.
February 6, 2013
Lack of toilets, clean water cost the world US$260 billion
According to the Liberian President who is leading the global research on crafting a new set of global anti-poverty goals intended to replace the MDGs (Millennium Development Goals), lack of adequate sanitation and clean drinking water costs the global economy as much as US$260 billion. Read more here.
February 6, 2013
World Bank approves a loan of US$20 million for Russian microfinance
Formal banking and access to finance in Russia is mostly concentrated in Moscow. The World Bank recently approved a loan of US$20 million to scale up services of microfinance across the country. The Russian Federation will be cofinancing this project. Read more here.
February 6, 2013
Microinsurance Catastrophe Risk Organisation (MiCRO) awarded IFC funding
The Microinsurance Catastrophe Risk Organization (MiCRO), a specialty reinsurance organization to provide funding for microinsurance products in Haiti recently received US$1.96 million in funding from World Bank’s International Finance Corporation. MiCRO products are parametric triggered based, meaning that they pay insurance amounts as soon as natural disasters exceed a certain […]
February 6, 2013
India: SKS microfinance eyes INR 600 million (US11.3 million) profit next fiscal
SKS Microfinance, the country’s only listed microfinance firm is now projecting a profit for the next fiscal, after posting a profit for third quarter of financial year 2013. For seven quarters before this, SKS only posted losses. SKS was in the eye of the storm in the microfinance crisis in […]
February 6, 2013
Microfinance supports social currencies in Brazil
Brazil has sparked off a trend of micro-currencies – currencies holding sway in a small and local geographical region, wherein entrepreneurs of that particular region exchange these currencies within themselves. These are powered by community established local microfinance institutions. These currencies are a good method of nurturing local economy through […]
February 6, 2013
Microinsurance penetration set to double by 2020, to 1 billion people
According to the Microinsurance Network, the global penetration of microinsurance is set to reach 1 billion people in 2020. The current reach of microinsurance spans a total of 500 million people. This projects a 100 pc increase in scale in less than a decade. Read more here.
February 6, 2013
Saving circles preferred over banks in Pakistan
Millions of Pakistanis save billions of rupees through what is called ballot committees. These are informal interest free saving circles, where the same sum is contributed by each member every day, week or month. This is practiced by housewives, students, office workers, shopkeepers, even high-society ladies, and the collector who […]
February 6, 2013
Smart Campaign certification is a clear step towards responsible microfinance
The Microfinance CEO Working Group has recently announced the launch of Smart Campaign Client Protection Certification Programme, a new certification that recognizes institutions meeting adequate standards of care in protecting microfinance clients. According to the MFI CEO working group, client protection has been recognized as the most important aspect of […]
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06 Key Lessons for informing policy decisions: Mainstreaming tribal-specific climate adaptive capacities in vulnerable coastal regions within National Action Plan on Climate Change
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Four Key Lessons for Policy Consideration: Scaling Climate Adaptive Capacities among Small and Marginal Farming Communities in the Sundarbans
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Five Key Lessons for Policy Consideration: Scaling Climate Action Programs for Landless Rural Communities in Semi-Arid Ganges-Brahmaputra Basin in South Asia
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View Blog Posts
GST 2.0 and Tax Cuts: Can They Make Growth Fairer and Greener?
India's latest GST reform, being termed as GST 2.0, is more than just slashing rates. By simplifying the tax structure, cutting levies on essentials, and supporting renewable infrastructure, it's open..
Reimagining Sports in CSR: From Tokenism to a Vehicle for Multiplying Impact
In 2023–24, Indian companies spent about ₹1,396 crore of their CSR budgets on sports — just 4% of the total ₹34,909 crore Indian corporates spent on CSR that year. Most of the rest went to edu..
Interactive SHG Map of India: 7.5 million Women Self Help Groups are spread across 27 States and 6 UTs in India
Under the National Rural Livelihood Mission (NRLM), India has 7.5 million Women Self Help Groups (SHGs) spread across 27 states and 6 Union Territories. Each of these small, self-governed, and peer-co..