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Women play a significant role in the development of our economy but are one of the most vulnerable groups impacted by unprecedented events. The ongoing pandemic has heightened the need to address the gender finance gap in societies around the world and drive initiatives to support them in achieving financial independence.  
 
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ESG with three colorful circles with acronym and a man in front of a bank. Drawing
Originally posted by The Banker and reproduced with author's permission. Accounting has a long tradition. In Europe, it can be traced back to the 15th century, when double-entry bookkeeping became more widely known through the publication of a book by friar Luca Pacioli, in 1494, where he described the practice that Venetian merchants had been...
The President’s Coronavirus Guidelines for America The Department of the Treasury and Small Business Administration issued guidance for the Paycheck Protection Program. The guidance can be found here: Paycheck Protection Program – Interim Final Rule Assistance for American Workers and Families In the weeks immediately after the passage of the...
Photo courtesy of Patrick Hendry-NextBillion
In this interview by James Militizer of NextBillion , Martin Burt, Founder and CEO of Fundacion Paraguaya , speaks about his book and suggests we ask a different question: Who owns poverty? In it, he explores what happens when you examine poverty from the viewpoint of the real experts: poor families themselves. He also tells storys about Fundacion...
‘Financial Innovation’ is no Frankenstein: How Impact Investors and Inclusive Finance Innovators Are Redefining the Term
Despite all the hype around fintech and cryptocurrencies, financial innovation still generates a particular degree of skepticism. Nonetheless, financial innovation has brought both the investing world and the broader financial services sector to generate products and innovations designed to deliver positive impacts for both society and the planet...
PayPal is scaling its SMB lending business and its program recently surpassed $10 billion
Listen to the podcast of SVP Darrell, who describes how PayPal financing solutions are positioned in an SMB market. Lastly, because PayPal is embedded in its borrowers’ businesses, Darrell shares some data about how businesses perform after tapping PayPal for capital. Find the podcast in the link . Article via The Tear Sheet .
 Image courtesy of TechnoServe
TechnoServe partnered with the Argidius Foundation to launch the Catalyzing SGB Acceleration (CaSA) Initiative. Through this initiative, they will help a corporate partner to design and implement a shared-value pilot project to support the UN’s Sustainable Development Goals, tapping into their experience working with entrepreneurs on three...
There are many challenges involved in offering financial services, especially when payment interoperability is involved. For almost all of these challenges, the problems are well-known beforehand. The costs involved in mitigating a problem are easily determined, and a logical decision can be made as to when it’s time to address that particular...
Early Lessons from the CEO Partnership for Economic Inclusion - UNSGSA
A few months after the leaders of the CEO Partnership for Economic Inclusion (CEOP) met for the second time in Davos during the World Economic Forum (WEF) , we spent two days working with the companies’ advisors to advance the initiatives which have launched on the ground, and to come together to explore new ones. Rabobank, one of the 10 member...
Member OPIC Continues Investment in Myanmar
Member OPIC continues to make an impact in closing the SME finance Gap where it's needed most. In this letter to the editor for Myanmar Times, Scot Marciel, U.S. ambassador to Myanmar speaks on how OPIC continues to invest in Myanmar. Marciel says, "Two years ago OPIC committed financing to its first microfinance project in Myanmar, to help...
Empowering Women to Rise Up in Financial Services Across the Globe
Tracey Davies, President of Money20/20, and founder of the Rise Up initiative, outlines the five ways the program empowers women at work as the initiative comes to Singapore. I have always been a hopeful optimist about the trajectory of women, but as the number of women reaching the top just hasn’t made the progress I expected, I have become much...