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HSBC and Bandhan help family to purchase rickshaws

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Shukla's husband was a rickshaw puller. He rented a rickshaw for 25 to 30 rupees per day and earned around 2,200 rupees per month. After learning about microfinance loans provided by Bandhan, a microfinance institution, Shukla approached them for a loan of 5,000 rupees which she received.

Local Wells Fargo Bank Donates Thanksgiving Lunch to Refugees

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Thirty-three refugees celebrated their first Thanksgiving, festivities which were sponsored by a local Wells Fargo branch and included five turkeys and all the trimmings of a traditional Thanksgiving meal. The Wells Fargo branch, located on Brand Boulevard in Glendale, California has partnered...

Uganda: Kampala to get Sh480 Million to Ensure Success of a Sanitation Project

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The Ministry of Water and Environment and the German Technical Cooperation (GTZ), have launched a public-private initiative to improve access to sanitation for the urban poor in Kampala. The project will be implemented in partnership with Crestanks and Poly Fibre, private companies that produce and...

The Asian Development Bank and Non-Governmental Organizations: Working Together

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The Microcredit Project in Indonesia, established by the Asian Development Bank and approved in 1994, focuses on microenterprise support, recognizing the potential of microenterprises to create jobs at low capital input costs and raise the income levels of the poor.

KPMG supports Fairtrade Africa

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BRIGHT is KPMG Europe’s first skills-based pro-bono project that supports the Millennium Development Goals. The global financial services group aims to support capacity building in the core areas of finance, risk management, operational excellence, human resources, IT and marketing. During 2011,...

A Little World: Facilitating Safe and Efficient M-Banking in Rural India

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A Little World (ALW)is an Indian company facilitating safe and efficient mobile-banking in rural India by offering a secure, low‐cost technology driven delivery platform for financial services through special mobile phones.

How financial illiteracy becomes both the cause and consequence of economic inequality

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This is a blogpost on the CRS newswire that questions the usefulness of CSR programmes provided by banks and other financial institutions.

Chilean bank pursues business opportunities in the low-income microenterprise market

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Where others see obstacles, Chile’s Banco de Crédito e Inversiones (BCI) sees opportunities.

Vodafone and Safaricom Kenya: Extending the Range and Reliability of Financial Services to the Poor in Rural Kenya

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Kenya has fewer than 2 million bank accounts serving 32 million people. To bridge the gap, Safaricom Kenya, one of two mobile service providers in Kenya, developed a technological solution in partnership with Vodafone. The result was MPESA, an electronic money transfer product to make financial...

Partnerships allow Rural Finance Corporation to promote rural development in Moldova

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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...