Monthly Archives: February 2011

Learn making incense sticks, start small-scale business

KANPUR: To create awareness about the booming small-scale industry of incense sticks, which has made its presence felt even in the international market, a training programme on `agarbatti’ and `dhoopbatti’ manufacturing was organised in the city, here on Thursday. The … Continue reading

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Microfinance joins People Power against poverty

MANILA, Philippines –  President Aquino has vowed to carry forward people power against poverty by utilizing microfinance as a pivotal element of his poverty reduction strategy. “We will continue the revolution my mother started in making entrepreneurship among the poor a … Continue reading

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Govt to remove `hurdles’ for MFIs

HYDERABAD: With micro finance institutions trying to lure the poor by introducing new products that supposedly do not come under the purview of MFI Act, the state government is all set to issue a notification that will replace the word “SHG women” … Continue reading

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Andhra Pradesh set to bring microfinance products under new act

Sensing foul-play in new products like loan for men and interest-free loans by microfinance institutions (MFI), the Andhra Pradesh government is all set to issue a notification to bring these products under the purview of the new MFI Act. Microfinance … Continue reading

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Pioneer in Impact Investing to Help Grow New Investment Practice Globally

NEW YORK, NY and AMSTERDAM, THE NETHERLANDS–(Marketwire – February 22, 2011) – GATE Global Impact, LLC (“GGI”), a subsidiary of GATE Technologies, LLC, announced today that Robert Rubinstein, CEO of Triple Bottom Line Investing, Inc. (“TBLI”) an Amsterdam-based Impact industry … Continue reading

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Industry lobby to promote defence, homeland security clusters

New Delhi, Feb 17 (IANS) With India’s first Defence Production Policy (DPP) explicitly favouring the growth of small and medium enterprises (SMEs) in the security-related sector, a leading industry lobby will launch initiatives for creating SMEs clusters in the defence … Continue reading

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Investing for Impact

After years of mockery and marginalization, socially responsible investing has started getting some well-deserved credit as a viable investing strategy. Even the big money has recently begun to back this more benevolent approach. But simply making money may not be … Continue reading

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International Bank of Qatar and Qatar Development Bank sign agreement for Al Dhameen SME program

IBQ and the Qatar Development Bank have signed an agreement for QDB’s Al Dhameen SME Program which aims at growing the local Small and Medium Enterprises (SME) sector and enhancing Qatar’s economic fundamentals. The agreement was signed at the QDB … Continue reading

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Govt underlines need to step up SME funding

Ajay Kumar Shukla New Delhi Painting a grim picture on loan availability to small and medium enterprises (SMEs), the government on Wednesday underlined the need for stepping up finances to the sector, which accounts for 45 per cent of the … Continue reading

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Chevron Donates $1 Million to Microfinance Organization

San Ramon-based Chevron Corp. committed $1 million to help open a Bay branch of a microfinance organization, the company announced in recent weeks. The money will allow Grameen America to open its first west coast office, according to a Chevron press release. … Continue reading

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