Mr Brij Mohan who is a former Executive Director, SIDBI & founder of SIDBI Foundation for Micro Credit speaks about the future of Micro Credit in India. About Brij Mohan He was a senior member of SIDBI’s management, and played an instrumental role in formulation of SIDBI’s engagement with the microfinance sector in India. Mr … Continue reading “Interview with Brij Mohan, Founder of SIDBI Foundation for Micro Credit”
SKDRDP recently won the Ashden–2012 Gold Award for Microfinance in London. Given below is a video of the project and organisation. SKDRDP Shri Kshethra Dharmasthala Rural Development Project (SKDRDP) in South India is a prime example of the vital role a well-run microfinance organisation can play in meeting the poor’s energy needs. The Karnataka-based NGO … Continue reading “Overview of SKDRDP’s award winning energy loans program.”
In April 2012, Visa released the results of it’s financial literacy survey which was conducted between February and April 2012 with 25,500 participants in 28 countries. The Financial Literacy Survey revealed that Brazil had the highest level of financial literacy at 50.4% of the respondents followed by Mexico at 47.8%, Australia – 46.3% and USA with … Continue reading “Visa World Financial Literacy Survey 2012 released”
An innovative initiative that will enhance global food security and improve the livelihoods of developing country farmers through prizes and other market-based incentives was announced yesterday by G20 Leaders. With a results-driven funding model that rewards innovators for tackling some of the biggest problems in food security and agricultural development, AgResults addresses global challenges in … Continue reading “G20 launches US$100 Million Innovative fund to boost Farmer Livelihoods”
With a view to providing social security to unorganised workers, including landless agricultural labourers, the Government enacted the “Unorganised Workers’ Social Security Act, 2008”. The Act provides for constitution of National Social Security Board to recommend social security schemes, namely, life and disability cover, health and maternity benefits, old age protection and any other benefit as may be determined by … Continue reading “Social Security and Pension Schemes in India – Overview”
P2P Lending crosses US$ 1 Billion in USA With greater than 100% year over year growth p2p lending is one of the fastest growing investments. Industry volume is now over $50 million in new loans a month and over the Memorial Day long weekend total loan volume passed the $1 billion mark since the industry … Continue reading “P2P Lending crosses US$ 1 Billion in issued loans : News Digest”
Co-founder and Chief Executive of Vittana, Kushal Chakrabarti was interviewed by the Wall Street Journal on the outlook for microloan-funded education.