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September 21, 2012
Energyflex, and innovative combustion unit technology
Energyflex cookstoves use a unique combustion unit technology (which won the energy innovation award with the US Department of Energy) and uses forest residues as fuel. Their areas of operation include Africa, Central America and South America. Read more here.
September 21, 2012
Energy insecurity at the bottom of the pyramid
This post forms a second part of an informed opinion presented by the authors of this blog post. The post talks about the initiatives taken by IEA in collaboration with UNIDO, the access to modern energy initiative called “Universal Access by 2030”. It points out how ineffective this initiative, pegged […]
September 21, 2012
Sri Lanka: New microfinance act to be out soon
The LMFPA (Lanka Micro Finance Practitioners Association) being the apex body of MFIs in the country recently held an open forum with industry stakeholders like CEOs, General Managers, Directors of companies involved in microfinance activities, in order to come out with a new microfinance act for the country. Read more […]
September 21, 2012
Philippines: Government not interested in subsidizing insurance for the poor
Even as the microinsurance sector in Philippines needs a boost, the government has expressed its unwillingness to subsidize insurance premiums for low-income Filipinos. Read more here.
September 21, 2012
Credit Reference Bureau in Kenya to help MFIs access client information
MFIs in Kenya are soon to benefit from the Credit Reference Bureau’s information on clients of MFIs as Kenya Bankers Association and the Central Bank of Kenya work on regulations to make this process available to the MFIs. Read more here.
September 21, 2012
Citi Foundation grants US$180,000 to Parinaam Foundation to financially educate Ujjivan’s clients
Parinaam Foundation, an Indian non-profit has recently received a grant worth INR 10 million or approximately US$180,000 which will go towards delivering financial literacy to microfinance clients of Ujjivan, an Indian MFI. The name of this financial literacy programme is Parinaam’s Diksha Financial Literacy Program, and will benefit about 31,000 […]
September 21, 2012
Haiti insurance firms receives US$2 million to scale services to the poor
Alternative Insurance Company, a company that serves the poor in the Caribbean country of Haiti through its insurance products recently received US$1 million in equity from the Clinton Bush Haiti Fund. This was preceded by a US$2 million loan from the I-ADB (Inter-American Development Bank) to the company. Read more […]
September 21, 2012
ADB pledges US$40 million to Vietnam’s microfinance sector
The ADB (Asian Development Bank) has provided a fund of US$40 million to Vietnam to better and scale the services of its microfinance sector through an initiative called the MDP, or the Microfinance Development Programme. Read more here.
September 21, 2012
India: Sonata NBFC MFI raises equity worth INR 350 million
Sonata Finance Private Limited, an Allahabad based NBFC (Non-Banking Financial Company) MFI has recently closed its Series D equity raising process, wherein it was able to raise as much as INR 350 million. Sonata operates in some of the poorest regions in India, in the four states of Uttar Pradesh, […]
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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..