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Southeast Asia’s fintechs fill lending gap with data

Southeast Asia’s fintechs fill lending gap with data SINGAPORE/JAKARTA — Southeast Asian fintech startups are extending credit to younger borrowers, many of whom have limited access to traditional financial services, even as some of the region’s largest lenders rush to digitize their businesses. So-called buy now, pay later services and digital banksare quickly plugging a large lending gap in the region, […]

Bandhan Bank: Paving the way for financial inclusion in India

Bandhan Bank: Paving the way for financial inclusion in India Two weeks ago, I had an opportunity to visit Bandhan Bank, a banking and financial services company headquartered in Kolkata, India. I thank my good friend, Mr. Chandra Shekhar Ghosh, for his gracious invitation to their 8th year-anniversary celebration.  My friendship with Chandra, Bandhan Bank’s […]

ADB provides support to PH’s 1st gender bond

ADB provides support to PH’s 1st gender bond MANILA – The Asian Development Bank (ADB) said it provided technical assistance to the Philippines’ first Gender Bond issued by ASA Philippines Foundation Inc. In a statement on Thursday, ADB said it provided technical assistance to support bond framework development and capacity building through the Asian Bond Markets […]

Nonprofit raises P5B via Philippines’ first gender bond sale

Nonprofit raises P5B via Philippines’ first gender bond sale MANILA, Philippines — ASA Philippines Foundation Inc. (ASA Phils.) issued the country’s first gender bond and raised P5 billion, with the goal of promoting lending for women entrepreneurs. The gender-themed debt notes, which are payable in 5 years, were sold to primary institutional lenders, the Asian Development Bank said […]

Meta partners with Pakistan’s central bank to digitally empower 500 women entrepreneurs

Meta partners with Pakistan’s central bank to digitally empower 500 women entrepreneurs Company has trained over 9,000 women entrepreneurs across Pakistan since 2018 Islamabad: Meta, the parent company of Facebook, has joined forces with Pakistan’s central bank to digitally empower 500 women entrepreneurs and small businesses. The collaboration aims to provide training, resources, and networking […]

Index names NZ No.1 for women entrepreneurs

Index names NZ No.1 for women entrepreneurs New Zealand is in the lead but gender bias is still in play for women entrepreneurs around the world, according to the Mastercard Index of Women Entrepreneurs. New Zealand women entrepreneurs have the strongest supporting conditions and opportunities to thrive, according to the second edition of the Mastercard […]

Change Make Her: Cocal-Cola Foundation, microloan platform Kiva to support 45K women entrepreneurs in Ph, worldwide

Change Make Her: Cocal-Cola Foundation, microloan platform Kiva to support 45K women entrepreneurs in Ph, worldwide The Coca-Cola Foundation has announced its support for Change Make Her, a new five-year partnership with microloan nonprofit Kiva to improve financial access for under-represented entrepreneurs around the world. The announcement was made at the Coca-Cola “Level the Playing […]

OP-ED: Technology has placed women’s financial inclusion within reach

OP-ED: Technology has placed women’s financial inclusion within reach In a rapidly evolving digital landscape, with technology reshaping industries and societies, digital public infrastructure (DPI) has emerged as a catalyst for financial inclusion. Recognizing its potential to foster gender equality, India’s G20 presidency has prioritized it as a drive to boost women’s economic participation through […]

Glorifying multi-tasking by women entrepreneurs has to stop, says CARE

Glorifying multi-tasking by women entrepreneurs has to stop, says CARE New research by development organization CARE has revealed how ingrained gender norms are, who is enforcing them and how they are preventing women entrepreneurs from reaching their goals. Revealingly, it is not just men who are piling expectations on women – it is also women […]